Hydrogenone Capital Growth Plc (GB:HGEN) has released an update.
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HydrogenOne Capital Growth PLC announces that its portfolio company, Strohm Holding B.V., has raised €30 million to expand its manufacturing of Thermoplastic Composite Pipe, supporting the transition to clean energy. The funding, with significant contribution from SENCO Hydrogen Capital, will bolster Strohm’s capabilities in offshore hydrogen and carbon capture infrastructure. HydrogenOne’s investment in Strohm underscores its commitment to environmentally positive hydrogen investments.
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