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An update from Hydrogenone Capital Growth Plc ( (GB:HGEN) ) is now available.
Sunfire GmbH, part of HydrogenOne Capital Growth plc’s portfolio, has secured €200 million in guaranteed financing from a consortium led by Commerzbank. This funding will enhance Sunfire’s ability to manage customer advance payments for electrolyzer production and eliminate the need for cash collateral, thereby facilitating industrial scaling and project execution. The move highlights Sunfire’s role in the energy transition and underscores the confidence in sustainable technologies within the German industry.
More about Hydrogenone Capital Growth Plc
HydrogenOne Capital Growth plc is the first London-listed fund focusing on investments in clean hydrogen technologies, aiming to create positive environmental impacts. The company is involved in funding and supporting innovative hydrogen solutions, with a focus on advancing the energy transition.
YTD Price Performance: 5.54%
Average Trading Volume: 323,194
Technical Sentiment Consensus Rating: Buy
See more insights into HGEN stock on TipRanks’ Stock Analysis page.
