HydrogenOne Capital Growth PLC: Leading in Clean Hydrogen Investment
Key Ideas
  • HydrogenOne Capital Growth PLC is the first London-listed fund focused on clean hydrogen, offering investors a unique opportunity in the green energy technology sector.
  • The company's financial and operational highlights showcase positive growth, with NAV per share increasing and strategic investments from industrial and financial backers.
  • Environmental, Social, and Governance (ESG) highlights demonstrate the company's commitment to sustainability, with significant greenhouse gas emissions avoided and investments in low-carbon growth.
  • The clean hydrogen sector is experiencing notable growth, with increased production and investments, positioning HydrogenOne well for further success in the future.
HydrogenOne Capital Growth PLC, known as HGEN, is a London-listed fund launched in 2021 with a focus on clean hydrogen investments for positive environmental impact. The company's investment objective is to achieve capital growth by investing in a diversified portfolio of hydrogen and related assets while incorporating ESG principles. HGEN is classified as an Article 9 climate impact fund under the Sustainable Finance Disclosure Regulation. With a strong emphasis on sustainability and ESG mandates, HGEN aims to deliver 10-15% average NAV growth. Financially, HGEN has shown promising results with an increase in NAV per share and total revenue growth from portfolio companies. Strategic investments from major supporters like Baker Hughes and GIC have further strengthened the company's position. Additionally, the company's focus on private assets and valuation methodology has helped maintain a high-quality portfolio. In terms of ESG highlights, HGEN has avoided significant greenhouse gas emissions since its IPO and has deployed substantial capital in low-carbon growth. The company's alignment with the EU Taxonomy and commitment to sustainable activities underscore its dedication to environmental responsibility. HGEN has also released its first standalone Sustainability Report and actively engages with organizations like PRI and CDP. The clean hydrogen sector, in which HGEN operates, is experiencing robust growth, as evidenced by increased production and investment. This growth trajectory bodes well for HGEN's future prospects, establishing the company as a leader in the green energy technology sector. The positive sentiment surrounding clean hydrogen and the company's strategic investments position HGEN favorably for continued success.
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