Air Liquide announces a 40% stake acquisition in H2V Normandy, a subsidiary of H2V Product, which aims to build a large-scale electrolyzer complex of up to 200 MW for the production of renewable and low-carbon hydrogen in France.

This strategic investment demonstrates Air Liquide’s long-term commitment to hydrogen energy and its ambition to be a major player in the supply of renewable and low-carbon hydrogen in order to contribute to the decarbonization of the industry and mobility markets.

Located in the industrial zone of Port-Jerome in Normandy, France, the large-scale electrolyzer project of H2V Normandy aims to supply renewable and low-carbon hydrogen for industrial applications, as well as future heavy mobility applications. The project is part of an ambitious program to develop new energies to decarbonate industrial activities (refining and chemical) on the Seine Valley axis in Normandy, one of Air Liquide's historical industrial basins in France.

Francois Jackow, Executive Vice President and a member of the Air Liquide Group’s Executive Committee said, “With this strategic project aimed at producing hydrogen by electrolysis, the Group is strengthening its presence in the Normandy industrial basin. This investment is in line with Air Liquide’s commitment to supply hydrogen from renewable or low-carbon sources for mobility and to support the decarbonization of the industry and thus to promote the emergence of hydrogen as a key element in the energy transition.”