Protium announces £40.5m green hydrogen funding
Green hydrogen energy company Protium has secured £40.5m investment in its latest funding round.

The funding round was led by SWEN Capital Partners through its SWIFT 2 fund, an infrastructure fund dedicated to renewable gas and circular economy initiatives. Additional investment comes from Barclays’ Sustainable Impact Capital programme and existing Protium investors. It is the largest funding secured for a pure play green hydrogen energy company in the UK to date.
Protium provides end-to-end net zero energy solutions for specific end customers with net zero ambitions. It does this by designing, developing, financing, owning and operating green hydrogen and renewable energy infrastructure assets. By packaging multiple infrastructure assets together, Protium supports its clients to decarbonise their heat, power and transportation requirements through a commercial structure called HESCO.
This funding will allow the company to accelerate its growing portfolio of more than 250MW of green hydrogen projects, including its flagship project in Magor South Wales with Budweiser and its 40MW green hydrogen project in Teesside, through planning, engineering and permitting.
Register now to continue reading
Thanks for visiting The Engineer. You’ve now reached your monthly limit of news stories. Register for free to unlock unlimited access to all of our news coverage, as well as premium content including opinion, in-depth features and special reports.
Benefits of registering
-
In-depth insights and coverage of key emerging trends
-
Unrestricted access to special reports throughout the year
-
Daily technology news delivered straight to your inbox
Hornsea 4 wind farm axed by Ørsted
Sounds like a job for Greta British Energy. IF it actually had staff. Or a business. Or manufacturing capabilities. Or access to the manifest promised...