
Friday Fallback Story: McPhy Signs a Strategic Partnership With Hype to Structure the Hydrogen Mobility Sector
February 11, 2022 | 6 min read February 11, 2022 | 6 min readA strategic agreement with several dimensions:
- The commercial part consists in the securing of firm short-term orders in 2022 and in a privileged access to a potential market of about 50 high-capacity hydrogen stations and 15 to 25 megawatts of electrolysis by 2025;
- The technological part of the agreement will focus on the mutualization of expertise, with a view to standardizing equipment, improving technical performance and increasing their economic competitiveness;
- The financial dimension of the partnership will materialize by an investment of 12 million euros by McPhy in the form of convertible bonds to be issued by Hype.