John Cockerill Hydrogen has secured €116 million in new funding to support its growth plans across Europe and other international markets. The latest round of investment includes contributions from Belgium’s Federal Holding and Investment Company (SFPIM) and Wallonie Entreprendre.
Belgian energy infrastructure group Fluxys has also taken an equity stake, reinforcing its commitment to helping develop a strong hydrogen supply network—from production to transport. Fluxys’ hydrogen subsidiary has been designated as the hydrogen transmission operator in Belgium, playing a key role in the country’s clean energy strategy. SLB and Rely—a joint venture between Technip Energies and John Cockerill—have also reaffirmed their support for the company’s industrial hydrogen projects.
This latest funding round follows a €230 million raise earlier in 2024, bringing total capital raised to €346 million. The funds will support the company’s efforts to expand production capacity, deliver next-generation pressurized alkaline electrolyzers, and scale operations globally.
In Europe, John Cockerill has already begun large-scale manufacturing of electrolyzers at its facilities in Aspach, France, and Seraing, Belgium, for key clients across the continent. In India, the company is working alongside its partner AM Green to supply electrolyzers for what is set to be the country’s largest green ammonia facility. With a growing global project pipeline, John Cockerill Hydrogen plans to meet demand through a network of international manufacturing hubs, positioning itself as a key player in the worldwide shift toward clean hydrogen energy.
John Cockerill Hydrogen is a leading global player in the development of sustainable hydrogen solutions, focused on advancing clean energy technology through its innovative hydrogen production systems. With a strong commitment to accelerating the transition to green energy, the company specializes in the design and manufacturing of high-performance electrolyzers, which are essential for producing green hydrogen. John Cockerill Hydrogen has a significant presence in both European and international markets, working with key partners and stakeholders to support large-scale hydrogen projects across various industries, including energy, transportation, and manufacturing. The company’s dedication to innovation and sustainability positions it as a crucial contributor to building a global hydrogen economy, with an emphasis on reducing carbon emissions and fostering long-term energy independence. By continuously expanding its capabilities and expertise, John Cockerill Hydrogen aims to lead the charge in delivering clean, reliable, and scalable hydrogen solutions worldwide.
