TIDMHGEN

HydrogenOne Capital Growth PLC

11 July 2023

HydrogenOne Capital Growth plc ("HydrogenOne" or the "Company")

LEI: 213800PMTT98U879SF45

11 July 2023

Publication of "Bluffer's Guide to Hydrogen"

HydrogenOne, the first London-listed fund investing in clean hydrogen for a positive environmental impact, today announces the publication by its Investment Adviser, HydrogenOne Capital LLP, of its 2023 "Bluffer's Guide to Hydrogen".

The "Bluffer's Guide" is intended as a starter information pack for the complex and rapidly evolving hydrogen sector.

JJ Traynor, Managing Partner of HydrogenOne Capital LLP, commented: " When we launched HydrogenOne Capital LLP in 2020, we were tracking 20 listed and 50 private hydrogen companies, and c.200MW of operational green hydrogen projects in production.

The hydrogen sector has accelerated rapidly since 2020. Today, we are monitoring some 40 listed and over 200 private hydrogen-focused companies, c.800MW of operational green hydrogen projects, and 13GW of projects in development. The market has invested $13 billion of fresh capital since 2020 in the hydrogen theme, with a capital opportunity on the table of at least $300bn to 2030".

Richard Hulf, Managing Partner of HydrogenOne Capital LLP continued: " we believe that the clean hydrogen industry is investable now and is gathering momentum. Over the past couple years, there have been strong developments in the clean hydrogen industry.

With >1,000 clean hydrogen projects on the drawing board today, it's clear that hydrogen is becoming the future of energy. We anticipate a 200x increase in clean hydrogen supply 2019-2030, and potentially 20% of the energy mix by 2050."

Link to the report:

https://hydrogenonecapitalgrowthplc.com/the-hydrogen-market/hydrogen-sector-reports/

Notes

   For further information, please visit   www.hydrogenonecapitalgrowthplc.com   or contact: 
 
 HydrogenOne Capital LLP - Investment 
  Adviser                                  +44 20 3830 8231 
 Dr. JJ Traynor/Richard Hulf 
 
   Barclays Bank PLC - Corporate Broker      +44 20 7623 2323 
   Dion Di Miceli                            BarclaysInvestmentCompanies@barclays.com 
   Stuart Muress 
 
 FTI Consulting - Media Enquiries 
  Matthew O'Keeffe                           +44 20 3727 1725 
  Cally Billimore                            hygen@fticonsulting.com

About HydrogenOne:

HydrogenOne is the first London-listed hydrogen fund investing in clean hydrogen for a positive environmental impact. The Company was launched in 2021 with an investment objective to deliver an attractive level of capital growth by investing in a diversified portfolio of hydrogen and complementary hydrogen focussed assets. INEOS Energy is a strategic investor in HydrogenOne. The Company is listed on the London Stock Exchange's main market (ticker code: HGEN). The Company is an Article 9 climate impact fund with an ESG policy integrated in investment decisions and asset monitoring.

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END

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July 11, 2023 09:49 ET (13:49 GMT)

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