HydrogenOne Capital Growth plc, a London-listed fund focusing on clean hydrogen investments, released its Q2 2024 net asset value and portfolio update. The Company's Net Asset Value per share remained strong at 103.60 pence, showcasing a 2.9% increase since June 2023. Private portfolio companies saw a 44% revenue growth year over year, attracting over £140 million of new investments during the quarter. Key investments included Elcogen's major funding round from Baker Hughes and HiiROC's expansion into the US market. Portfolio developments featured advancements in industrial electrolyser production, solid oxide fuel cell technology, and low carbon pipelines. The financial summary showed a solid cash position of £1.7 million and successful capital raises by portfolio companies. HydrogenOne's strategic focus on sustainable investments and positive environmental impact was evident throughout the update, with a strong sentiment towards the growth potential of clean hydrogen technologies in the European market.