Airbus has joined a clean hydrogen infrastructure investment fund, managed by Hy24 – a joint venture between Ardian and FiveTHydrogen.
Hy24’s investment fund will provide financial capital to back credible, large-scale green hydrogen infrastructure projects worldwide.
Airbus said its involvement “assures its commitment to the scaling up of a global hydrogen economy, a prerequisite for the successful entry-into-service of its zero-emission commercial aircraft by 2035”.
Airbus ZEROe Ecosystem vice president Karine Guenan said: “Since 2020, Airbus has partnered with numerous airlines, airports, energy providers and industry partners to develop a stepped approach to global hydrogen availability.
“Joining a fund of this magnitude demonstrates Airbus’ continuously active role in infrastructure investments for the production, storage and distribution of clean hydrogen worldwide.”
Hy24 chief executive Pierre-Etienne Franc said: “We are delighted that Airbus has joined the fund along with other key industrial and financial investors.
“Hy24 is well-positioned to identify and accelerate the development of clean-hydrogen infrastructure companies to meet today’s needs and ensure tomorrow’s transportation and logistics.”