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VINCI Concessions is deeply committed to the hydrogen economy. Its investment in H2 Mobility is a driving force for achieving our future ambitions, in particular to develop new hydrogen stations in Germany, where VINCI Concessions is a major player in motorway mobility.
SUPPORTING DEVELOPMENT OF HYDROGEN-POWERED ROAD MOBILITY
VINCI Concessions and its subsidiary VINCI Highways are committed to fast-tracking use of hydrogen to support decarbonisation of road mobility.
In October 2022, VINCI Concessions participated in the latest financing round for H2 Mobility, raising €10 million alongside the Clean H2 Infra Fund, the world’s first low-carbon hydrogen fund.
H2 Mobility is the leader in hydrogen refuelling stations for road mobility in Germany, with more than 90 stations in operation. It aims to expand this network to 300 – mostly high capacity – stations by 2030, to meet the crucial challenge of decarbonising heavy and long-distance transportation. VINCI Concessions will strongly support H2 Mobility’s growth ambitions through its subsidiary VINCI Highways, Germany’s leading private motorway concession operator.
This investment is part of VINCI’s global commitment to develop clean hydrogen, in particular for the mobility sector. The Group is a founding partner and key industrial investor, alongside Air Liquide and TotalEnergies, in the Clean H2 Infra Fund. One year after its creation in October 2021, the fund closed to new investment after raising €2 billion in capital, surpassing its initial target. It aims to invest the funds across the entire clean hydrogen value chain, from upstream production to downstream distribution before 2030.
300 The number of hydrogen stations set to be in service in Germany by 2030.