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John Cockerill Hydrogen Finalizes a €116 Million Capital Increase to Continue Its Strategic Development Plan - Hydrogen Central
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John Cockerill Hydrogen finalizes a €116 million capital increase to continue its strategic development plan - Hydrogen Central
John Cockerill Hydrogen finalizes a €116 million capital increase to continue its strategic development plan John Cockerill Hydrogen is continuing its expansion across Europe and internationally, successfully completing the planned €116 million capital raise to support its strategic development. The support of SFPIM and Wallonie Entreprendre strengthens the John Cockerill Group’s Belgian roots, while SLB and Rely reaffirm their commitment to Joh…
John Cockerill finds €116 million for hydrogen subsidiary
Walloon industrial group John Cockerill has completed a 166 million euros capital increase. With that much-needed money, it intends to pursue its strategic development plan around hydrogen, and thus the production of its electrolyzers. Among others, the semi-public investment company SFPIM and gas grid operator Fluxys are stepping into the project. John Cockerill Hydrogen had already raised 230 million euros from investors in 2024. Therefore, an…
John Cockerill Hydrogen finalizes a EUR 116 million capital increase to continue its strategic development plan - Business News Week
National, 26th June 2025: John Cockerill Hydrogen is continuing its expansion across Europe and internationally, successfully completing the planned €116 million capital raise to support its strategic development. The support of SFPIM and Wallonie Entreprendre strengthens the John Cockerill Group’s Belgian roots, while SLB and Rely reaffirm their commitment to John Cockerill Hydrogen’s industrial project portfolio. Fluxys, a Belgian infrastructu…
In addition to the John Cockerill Group, the raising of funds was followed by the Federal State and the Walloon Region, through the Société fédérale de participations et d'investissement (SFPIM) and Wallonie Entreprise. There is also the presence of the Franco-American parapetrolier group SLB and Rely, a joint venture between the group and Technip Energies. The novelty comes from the arrival of Fluxys, with its subsidiary Fluxys Hydrogen.
John Cockerill Hydrogen raises €116 million to drive global growth
The amount covers nearly all the funding required to accelerate the development of John Cockerill’s hydrogen business, including the rollout of next-generation pressurized alkaline electrolyzer technologies and international expansion.John Cockerill Hydrogen has raised €116 million in fresh capital to support its strategic expansion in Europe and internationally. The round includes investments from Belgium’s SFPIM and Wallonie Entreprendre. Flux…
17:55 Gas network operator Fluxys is investing in the capital of Belgian industrial group John Cockerill via a subsidiary. The latter is raising 116 million euros in fresh money via a capital operation.
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