Spain – ICO has funded €7 million to deploy 20 Renewable Green Hydrogen (RGH) filling stations on the TEN-T network
The operation is part of the European transport decarbonization program CEF-AFIF, from which the project has received a grant of 4.2 million euros thanks to the support of the ICO.
The Official Credit Institute (ICO) has granted financing of up to 7 million euros to Hidrógeno Verde Renovable SL (HVR), within the framework of the European program CEF-AFIF (Connecting Europe Facility – Alternative Fuels Infrastructure Facility), managed by the European Commission through CINEA (European Climate, Infrastructure and Environment Executive Agency).
This funding will be used to implement the ACTIVA project, promoted by HVR, which involves the development and deployment of 20 green hydrogen refueling stations in Spain along the Trans-European Transport Network (TEN-T). These stations will be installed at existing service stations and offered on an all-inclusive lease basis to specialized companies, facilitating access to renewable hydrogen without requiring direct investment from operators. The operation will cover part of the investment needed to deploy this infrastructure, which is complemented by a €4.2 million European grant awarded under the CEF AFIF program, thanks to ICO’s support of the project as an Implementing Partner of the European Commission.
Strategic and sustainable project with ICO support
HVR is a newly established company, majority-owned by Langur Holding Corporation SL, whose objective is to promote sustainable mobility by developing a network of accessible and efficient hydrogen refueling stations. In March 2023, HVR launched its first green hydrogen generation, storage, and supply plant in Coslada (Madrid), demonstrating its technical capabilities and commitment to the energy transition.
With the ACTIVA project, the company aims to facilitate access to renewable hydrogen through modular and scalable solutions, aligned with the European Union’s climate objectives. This project envisions the installation of hydrogen refueling stations with a dispensing capacity of 1 ton of hydrogen per day at 350 and 700 bar, occupying a small space of 20 m² and with an installed power of 15 kW. Companies such as BMW, Toyota, Exolum, Q8, Moeve, Repsol, CNH2, and Wolftank have expressed interest in this supply model.
The initiative will significantly reduce barriers to entry for the use of hydrogen in transport, promoting the decarbonization of the sector and contributing to the objectives of the AFIR Regulation (Alternative Fuels Infrastructure Regulation).
CEF AFIF Programme: European boost to alternative fuels
The CEF AFIF program, promoted by the European Commission, aims to accelerate the deployment of alternative fuel infrastructure in European transport. Through a blended funding model, it combines European grants with repayable financing from accredited entities such as the ICO (Official Credit Institute). Between 2019 and 2027, the program supports projects that promote the use of electricity, hydrogen, and other sustainable fuels in ports, airports, and land transport networks, contributing to the decarbonization of mobility on the TEN-T network.
ICO: strategic boost to sustainable mobility in Europe
Since its accreditation as an Implementing Partner in 2020, the ICO has played a key role in channeling European funds from the CEF AFIF program, actively contributing to the development of alternative fuel infrastructure in Spain. In the first call for proposals (2019–2024), the ICO financed €202 million across 14 projects, enabling the installation of more than 5,800 electric vehicle charging points, as well as natural gas stations, hydrogen refueling stations, and hydrogen production infrastructure for the transport sector.
In the current call for proposals under the CEF AFIF program (2024–2027), which has a European budget of €1 billion, the ICO has already approved funding for 14 projects totaling €180 million. Among them is the ACTIVA project by Hidrógeno Verde Renovable SL (HVR), reinforcing the Institute’s commitment to the decarbonization of transport and the deployment of sustainable infrastructure in the TEN-T network.
With this operation, the ICO reaffirms its commitment to promoting sustainable infrastructure and the energy transition in strategic sectors such as road transport.
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Spain – ICO has funded €7 million to deploy 20 Renewable Green Hydrogen (RGH) filling stations on the TEN-T network, source
