SENCO Hydrogen Capital, a private equity firm specializing in transitional energies, has announced a €20 million investment in Strohm, a Netherlands-based company known for its thermoplastic composite pipelines (TCP). This investment is specifically targeted to enhance Strohm's presence in the hydrogen and carbon capture and storage (CCUS) sectors on a global scale. The capital injection follows the initial closing of SENCO's Hydrogen Equity fund, marking a significant step for both entities in promoting sustainable energy solutions. Carsten Schmeding, CEO of SENCO, and Martin van Onna, CEO of Strohm, emphasized the importance of innovative technologies in driving the transition to renewable energies. The partnership aims to leverage Strohm's expertise in TCP development for offshore energy applications to contribute to the energy transition. SENCO's investment, alongside other key shareholders like Chevron Technology Ventures and Shell Ventures, indicates a collective commitment to fostering technology development and low-carbon solutions. Through collaborations like this, the focus on advancing the hydrogen energy sector becomes apparent, showcasing a dedication to addressing energy market challenges and fostering sustainable growth in the industry.