Aviation giant, Airbus, announced on Thursday (July 21) it had joined the ‘world’s largest’ hydrogen infrastructure investment fund, managed by Hy24, a joint venture between Ardian and FiveTHydrogen.
Airbus says its involvement in the fund, which sets out to provide financial capital to back credible, large-scale green hydrogen infrastructure projects globally, assures its commitment to scaling the global hydrogen economy.
The Hy24 fund was launched in 2021 with a goal of raising €1.5bn ($1.52bn) to support hydrogen infrastructure project developments and players in the market.
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