$400m Japan Hydrogen Fund launched with industrial and financing major backing

The first Japan Hydrogen Fund has been launched with over $400m committed by Japanese industrial and financing majors, along with TotalEnergies.

Managed by equity firm, Advantaged Partners (AP) and headed up by the Japan Hydrogen Association (JH2A), the fund is “dedicated to developing the low-carbon hydrogen value chain.”

Seeing participation from Toyota, Iwatani, Sumitomo Mitsui Banking, MUFG Bank, Tokyo Century, Japan Green Investment Corp. for Carbon Neutrality and the Bank of Fukoka, the fund will invest in hydrogen production, storage, transportation and use facilities.