Infrastructure fund manager DIF Capital Partners has agreed to take a stake in VoltH2, a Dutch developer of green hydrogen production facilities.
DIF said today that it has entered into a strategic partnership with Belgian renewables company Virya Energy to acquire a majority stake in VoltH2, without disclosing how much. The founder and managing director of VoltH2, Andre Jurres, will retain “a meaningful share”.
DIF will make the investment via its DIF Infrastructure VI fund.
VoltH2 has secured permits and land for two hydrogen production sites in Vlissingen and Terneuzen, and is progressing the development of an additional site in Delfzijl. These three projects would initially have a combined capacity of 75 MW, which could be scaled up to 250 MW.
Apart from these, the firm has a number of other projects in early planning stages.
Virya Energy has already been working alonside VoltH2 on the Terneuzen project. Now with DIF and Virya as shareholders, the partnership expects the combination to enable VoltH2 to realise its first projects in the near future and further expand the pipeline, DIF said.
“This investment attests to the confidence in green hydrogen and in the growth of VoltH2. With the involvement of DIF Capital Partners and Virya Energy, we can anchor VoltH2 locally as well as internationally, achieve our ambitions and play a crucial role in the European energy market and energy transition,” commented Andre Jurres.
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