Hydrogen market growth: Cordiant and HydrogenOne join forces [Video]

Cordiant Capital CEO Benn Mikula and Cordiant HydrogenOne managing directors and co-heads Richard Hulf and JJ Traynor joined Proactive’s Stephen Gunnion with details of Cordiant Capital’s acquisition of HydrogenOne Capital LLP. He highlighted that the move aligns with Cordiant’s strategy to expand its clean energy and renewable energy franchise. Mikula explained, “It broadens in a most material and interesting way our renewable energy franchise.” This acquisition integrates the HydrogenOne team into Cordiant, providing their private capital investors access to the emerging hydrogen sector.

Hulf and Traynor shared insights on the synergies created by this partnership. They emphasised the potential to scale up investment opportunities in the industrial hydrogen market, which is projected to grow substantially by 2032. Traynor noted, “The sheer size of the opportunity set really talks to why we want to join forces with Cordiant.”

The discussion also touched on the current sentiment in the hydrogen market and …