Yamna, a Green Hydrogen Platform, Completes its first Fundraising Round with HYCAP

NEWS /

July 23, 2023

Green Hydrogen

Yamna, a leading green hydrogen platform specialised in the development of green hydrogen projects across EMEA, is raising funds through investment firm HYCAP.

Yamna specialises in the development of green hydrogen and associated derivative projects across Europe, the Middle East and Africa (EMEA). The company is committed to developing and operating a portfolio of green hydrogen production assets, with the aim of driving decarbonisation efforts, promoting renewable energy integration, and fostering a cleaner and more sustainable energy landscape.

The venture is a continuation of HYCAP’s investments in the hydrogen market and the first in the emerging markets field. Recognising the tremendous potential of green hydrogen as a key driver in the transition towards a sustainable energy future, HYCAP is committed to supporting innovative companies and projects in this sector.

We are delighted to have HYCAP as an investor in Yamna. Their commitment to sustainable investments and their extensive network in the hydrogen sector will undoubtedly bolster our efforts to accelerate the development and adoption of green hydrogen projects. Together, we can drive positive change and shape a cleaner, more sustainable energy future.

Abdelaziz Yatribi

Yamna's Co-Founder & CEO

HYCAP’s strategic investment in Yamna will enable us to accelerate the progress we have made with our projects in the Middle East, Africa and Europe. Yamna has already built an attractive project pipeline with focus on green ammonia and green hydrogen for industrial usages and going forward we will accelerate it and evolve it further.

Gal Bogin

Yamna's Co-Founder & CDO

HYCAP has a vital role in helping accelerate green hydrogen production and supply, creating jobs and contributing to Net Zero targets. We are delighted to be working with Yamna and assisting with the company’s growth of green hydrogen projects around the world.

James Munce

CEO at HYCAP

About YAMNA

Yamna is a global green hydrogen platform dedicated to developing and operating green hydrogen projects across primary the EMEA region. With a focus on decarbonization and sustainable energy solutions, Yamna leverages its expertise and network to advance the adoption of green hydrogen, driving the transition to a cleaner and more sustainable energy landscape. Yamna was co-founded by Abdelaziz Yatribi and Gal Bogin one year ago after respective successful careers in the renewables industry.

MEDIA CONTACT

Amine Masnaoui Business Development Manager

[email protected]

+33 6 37 22 55 38

About HYCAP

HYCAP has a key focus on investing in the emerging clean hydrogen economy and their investment strategy is to match supply and demand for hydrogen, with a focus on demand origination allowing the market to scale rapidly.