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Elcogen Secures €5 Million Investment to Boost Green Hydrogen Technology
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Elcogen Secures €5 Million Investment to Boost Green Hydrogen Technology

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The latest announcement is out from Hydrogenone Capital Growth Plc ( (GB:HGEN) ).

HydrogenOne Capital Growth plc’s portfolio company, Elcogen, secured a €5 million investment from SmartCap, an Estonian venture capital fund. This investment will help Elcogen scale its operations and production of solid oxide technology, which is crucial for the green energy transition. The investment highlights confidence in Elcogen’s growth potential and supports its strategic expansion in the hydrogen market.

More about Hydrogenone Capital Growth Plc

HydrogenOne Capital Growth plc is a London-listed fund that invests in clean hydrogen technologies aimed at achieving a positive environmental impact.

YTD Price Performance: 18.24%

Average Trading Volume: 332,608

Technical Sentiment Consensus Rating: Buy

For an in-depth examination of HGEN stock, go to TipRanks’ Stock Analysis page.

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