HydrogenOne Capital Growth PLC Publication of "Bluffer's Guide to Hydrogen"

TIDMHGEN

HydrogenOne Capital Growth PLC

11 July 2023

HydrogenOne Capital Growth plc ("HydrogenOne" or the "Company")

LEI: 213800PMTT98U879SF45

11 July 2023

Publication of "Bluffer's Guide to Hydrogen"

HydrogenOne, the first London-listed fund investing in clean hydrogen for a positive environmental impact, today announces the publication by its Investment Adviser, HydrogenOne Capital LLP, of its 2023 "Bluffer's Guide to Hydrogen".

The "Bluffer's Guide" is intended as a starter information pack for the complex and rapidly evolving hydrogen sector.

JJ Traynor, Managing Partner of HydrogenOne Capital LLP, commented: " When we launched HydrogenOne Capital LLP in 2020, we were tracking 20 listed and 50 private hydrogen companies, and c.200MW of operational green hydrogen projects in production.

The hydrogen sector has accelerated rapidly since 2020. Today, we are monitoring some 40 listed and over 200 private hydrogen-focused companies, c.800MW of operational green hydrogen projects, and 13GW of projects in development. The market has invested $13 billion of fresh capital since 2020 in the hydrogen theme, with a capital opportunity on the table of at least $300bn to 2030".

Richard Hulf, Managing Partner of HydrogenOne Capital LLP continued: " we believe that the clean hydrogen industry is investable now and is gathering momentum. Over the past couple years, there have been strong developments in the clean hydrogen industry.

With >1,000 clean hydrogen projects on the drawing board today, it's clear that hydrogen is becoming the future of energy. We anticipate a 200x increase in clean hydrogen supply 2019-2030, and potentially 20% of the energy mix by 2050."

Link to the report:

https://hydrogenonecapitalgrowthplc.com/the-hydrogen-market/hydrogen-sector-reports/

Notes

   For further information, please visit   www.hydrogenonecapitalgrowthplc.com   or contact: 
 
 HydrogenOne Capital LLP - Investment 
  Adviser                                  [phone] 
 Dr. JJ Traynor/Richard Hulf 
 
   Barclays Bank PLC - Corporate Broker      [phone] 
   Dion Di Miceli                            [e-mail] 
   Stuart Muress 
 
 FTI Consulting - Media Enquiries 
  Matthew O'Keeffe                           [phone] 
  Cally Billimore                            [e-mail] 
 

About HydrogenOne:

HydrogenOne is the first London-listed hydrogen fund investing in clean hydrogen for a positive environmental impact. The Company was launched in 2021 with an investment objective to deliver an attractive level of capital growth by investing in a diversified portfolio of hydrogen and complementary hydrogen focussed assets. INEOS Energy is a strategic investor in HydrogenOne. The Company is listed on the London Stock Exchange's main market (ticker code: HGEN). The Company is an Article 9 climate impact fund with an ESG policy integrated in investment decisions and asset monitoring.

IMPORTANT NOTICE

The distribution of this announcement outside the UK may be restricted by law. No action has been taken by the Company that would permit possession of this announcement in any jurisdiction outside the UK where action for that purpose is required. Persons outside the UK who come into possession of this announcement should inform themselves about the distribution of this announcement in their particular jurisdiction.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRAFLFSVDEILLIV

(END) Dow Jones Newswires

July 11, 2023 09:49 ET (13:49 GMT)