H2APEX Group SCA has finalized a significant loan agreement and comfort letter deal totaling €35mn for a hydrogen project at the Lubmin site. The funding, provided by Active Ownership Fund and Atlan Group, aims to boost the electrolysis capacity at the site for both current and new projects. This financial support ensures operational flexibility and paves the way for future industrial hydrogen growth. Additionally, H2APEX plans a capital increase of €30mn in mid-2025, focusing on bolstering internal production capabilities and navigating market uncertainties. Amid a slowdown in third-party orders in the hydrogen sector and market consolidation in Germany, H2APEX remains committed to its independence strategy. The company sees opportunities for expansion and acquisitions in the German market, leveraging the country's increasing demand for hydrogen. With the recent political developments in Germany, including carbon neutrality goals by 2045, H2APEX anticipates improved planning security and is actively engaging with external investors to secure project financing for its industrial hydrogen production expansion.