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CCR invests in a fund dedicated to low-carbon hydrogen infrastructures

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Mar 2022

Caisse Centrale de Réassurance (CCR)The Caisse Centrale de Réassurance (CCR) has invested 100 million EUR (108.8 million USD) in Clean H2 Infra Fund, the world's largest fund devoted to the development of low-carbon hydrogen infrastructures.

This fund is supported by the main hydrogen energy industrialists: Air Liquide, TotalEnergies, VINCI Concessions, Plug Power, Baker Hughes and Chart Industries, as well as two institutional investors, CCR and AXA.

Clean H2 Infra Fund is managed by Hy24, a decarbonized hydrogen investment platform equally owned by investors ARDIAN and FiveTHydrogen.

The fund invests in assets that reduce greenhouse gas emissions with a target value of 1.5 billion EUR (1.63 billion USD).

Read also | Insurers and reinsurers withdraw from the coal industry [4]

Wed, 09/03/2022 - 16:49

Source URL: https://www.atlas-mag.net/en/article/ccr-invests-in-a-fund-dedicated-to-low-carbon-hydrogen-infrastructures

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