Vedra Partners launches EUR1 billion HYCAP Fund I
Vedra Partners has launched its energy transition fund, HYCAP Fund I, which seeks to raise up to EUR1 billion (US$1.19 billion) in partnership with Wright Bus chair and entrepreneur Jo Bamford.
HYCAP I is a Green Hydrogen Private Equity Fund that is focused on the Energy Transition. Hycap was set up in partnership with the Bamford Family (JCB Group) to invest across the Hydrogen value chain in the UK and Europe.
The Fund has initially been injected with EUR200 million (US$237.50 million) after the first round of investment.
Country updates
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August 31, 2021
ACS starts operation of world’s largest floating wind farm project
Spanish construction engineering group ACS, through its subsidiary Cobra Wind, has completed the construction and started the operation of the 50 MW Kincardine floating offshore wind farm pr...
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August 30, 2021
SSE Renewables to invest GBP50mn in Tummel Bridge hydro project in Scottish Highlands
SSE Renewables is investing up to GBP50 million (US$68.8 million) for the next two years to repower the Tummel Bridge hydropower plant project in the Scottish Highlands, UK. The repowering...
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August 30, 2021
ILI Group starts planning for 600 MW Corrievarkie pumped storage hydro project in Loch Ericht
ILI Group has begun the initial planning phase for the new 600 MW Corrievarkie Pumped Storage Hydro (PSH) project at Loch Ericht, Dalwhinnie, Highlands. The project will create a new upper reservoir...
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August 26, 2021
Plans progress for 200 MW Manchester green hydrogen hub
Carlto Power, through its subsidiary Trafford Green Hydrogen, has submitted a planning application to develop Manchester’s first hydrogen fuel hub. Based at the Trafford Low Carbon Energy Park,...
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August 20, 2021
Carlton Power seeks approval for 10 MW hydrogen system development near Manchester
The Trafford Green Hydrogen, a unit of Carlton Power, has applied for the development approval from the Trafford Council for a 10 MW hydrogen system in Carrington, UK. The proposed capacity can...
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