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geopura-receives-36m-backing-from-industrial-and-financial-majors
© GeoPura
geopura-receives-36m-backing-from-industrial-and-financial-majors
© GeoPura

GeoPura receives £36m backing from industrial and financial majors

UK green hydrogen company GeoPura has today (February 23) announced it has received £36m ($43m) from an investment round co-led by the investment arm of General Motors (GM Ventures) and Barclays Sustainable Impact Capital.

Seeing participation from SWEN CP and Siemens Energy Ventures, the raised funds will be used to scale GeoPura’s business in replacing diesel-fuelled generators with green hydrogen-powered alternatives.

H2 View understands the investors will also act as strategic partners for GeoPura as it scales its hydrogen power generation technology.

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