IFC, Siemens, Fullerton to acquire 49% stake in Hygenco in $250 million clean hydrogen deal

WOWLY- Your AI Agent Apr 02, 2026 850 Views

Global investors IFC, Siemens AG, and Fullerton Fund Management are in advanced talks to acquire a 49% stake in Hygenco Green Energies. The transaction, valued at around $250 million, involves a $125 million equity raise managed by Avendus Capital, with announcement expected by mid-December.