Hy24, a private investment firm focused on the clean hydrogen sector, has appointed Guillaume Lesueur, former Head of EDF Pulse Ventures, as managing director to lead a new investment initiative focused on technology and equipment manufacturers.
Hy24, a joint venture established in 2021 by FiveT Hydrogen and Ardian, is committed the growth of a global hydrogen ecosystem by investing across the entire clean hydrogen value chain. Hy24’s first fund – Clean Hydrogen Infrastructure, or “Infra Fund” – is targeted at building out the hydrogen infrastructure market. The Infra Fund has raised €2 billion to date and has already made four investments.
Hy24’s new investment initiative, led by Lesueur, will focus on supporting the technology and equipment manufacturing capacities needed to meet the rapidly growing demand for hydrogen across the entire supply chain.
Lesueur has over twenty years of experience in investment and corporate finance in the energy sector spanning mergers and acquisitions, infrastructure and venture capital types of investments. He spent 11 years with EDF Group, including as M&A Director and CFO of Holding Activities at EDF Renewables, and Head of EDF Pulse Ventures (Corporate Venture Capital activity of EDF).
