ARTICLE Hy24: Financing hydrogen projects Ardian deploys experience garnered in the conventional energy sector, and later in renewables, to make sound investment and management choices in hydrogen. Ardian is convinced that hydrogen is the green energy vector be a hub for hydrogen stations, or airports for captive fleets or of the future, and therefore a massive opportunity for investors. handling equipment. When Ardian began its involvement in renewables more than 15 years ago, doubts about In October 2021, Ardian went their future role remained. As one step further in hydrogen by Ardian helped it mature, the announcing both the creation of experience gained in the sector Hy24 joint venture, a 50/50 has given a real confidence in the “We are in the company in association with understanding of the development decade of hydrogen, the clean hydrogen investment paths for technologies rolled platform FiveT Hydrogen, and out to replace fossil fuels. As and we see and the launch of Hy24’s first fund an extension of this activity ‘the Clean H2 Infrastructure and in line with its convictions, will see numerous fund”. Hy24 is an independent Ardian created a working group early infrastructure company aiming to invest in dedicated to hydrogen to provide projects. renewable hydrogen-based large its portfolio companies with the scale upstream and downstream best development solutions for this Hy24 was created infrastructure projects that creates clean energy vector. Among the an added value for the society companies directly concerned are to bring them to and are profitable for investors. those involved in the production maturity stage.” This first-of-its-kind initiative in of renewable energies which the world is based on Ardian could supply electrolyzers with and FiveT Hydrogen respective clean energy. But also, logistics, expertise and experience in pipeline and storage assets that infrastructure, finance, and could also be converted to hydrogen in the long term, as well industry, thus providing Hy24 with a position of catalyst in the as downstream assets such as highways that could potentially hydrogen ecosystem. Hy24 can also count on the expertise of a 42