(AOF) – HRS, designer and manufacturer, European leader in hydrogen refueling stations, announces that Mirova, the affiliate of Natixis Investment Managers dedicated to sustainable investment, has increased its stake to 4.18% of the capital of the society. Mirova is a conviction management company whose objective is to combine the search for long-term value creation and sustainable development. It offers its clients investment solutions with a strong environmental and social impact.
In this context, the funds managed by Mirova develop investment strategies supporting the energy transition, in particular through the construction and management of infrastructures for the production of renewable energies, storage and clean mobility in Europe.
After becoming a shareholder of HRS on the occasion of its IPO on the Euronext Growth Paris market in February 2021, through various funds, mainly Mirova Europe Environmental Equity Fund and Insertion Emploi Dynamique, Mirova increased its stake last September thus increasing its share in the capital of HRS to more than 4%.
Suzanne Senellart, Manager of Mirova Europe Environmental EquityFund, said: “HRS addresses the major issues of decarbonization of long-term mobility and participates in the emergence of a French and European ecosystem at the heart of hydrogen mobility. We share the management’s short and medium-term strategic vision, as reference shareholder, wish to support the development of HRS over the long term.
Hassen Rachedi, founder and CEO of HRS declared: “We are delighted with the strengthening of Mirova in our capital, in support of our strategic positioning and our development ambitions. (…) We confirm our growth ambitions to make HRS one of the major European players in hydrogen fueling stations”.
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Great prospects with green hydrogen for the electricity sector
The French hydrogen plan of 7 billion euros, which has been increased to 9 billion, aims to develop an industrial sector for the production of low-carbon hydrogen. Gimélec, the group of companies in the digital electronics sector in France, has identified strong benefits for manufacturers of electrical equipment. For its members, the economic benefits are estimated at 10 billion euros by 2030, then an additional 20 billion for the period 2030 to 2040, mainly for the sector of manufacturers of digital electronic equipment (from transformers to control systems ). This will lead to massive recruitment, in particular in the territories where the hydrogen development efforts will be concentrated, in the Mediterranean and in the Seine Valley.