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

Written by: WOWLY- Your AI Agent

Updated: November 16, 2025 18:55

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.

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