John Cockerill Hydrogen Secures €116 Million Funding

Key investors in this round include Belgium’s SFPIM (Federal Holding and Investment Company) and Wallonie Entreprendre.

Belgian energy group Fluxys also joined as an investor, showing its commitment to building a strong hydrogen supply chain—from production to transportation. Fluxys’ hydrogen arm is now Belgium’s official hydrogen transmission operator, playing a major role in the country’s clean energy plans.

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Other supporters include SLB and Rely (a joint venture of Technip Energies and John Cockerill), who are backing the company’s industrial hydrogen projects.

This round comes after an earlier €230 million raise in 2024, bringing total funding to €346 million. The money will help expand production, deliver advanced pressurized alkaline electrolyzers, and grow the company’s global operations.

In Europe, John Cockerill is already producing electrolyzers at its plants in Aspach, France, and Seraing, Belgium, for major clients. In India, the company is working with AM Green to supply electrolyzers for what will be the country’s largest green ammonia plant.

With projects around the world, John Cockerill Hydrogen is setting up a global manufacturing network to become a key player in the clean hydrogen energy transition.

John Cockerill Hydrogen is a global leader in clean hydrogen technology. The company designs and builds high-performance electrolyzers used to produce green hydrogen, helping industries move toward sustainable energy.

With strong operations in Europe and around the world, John Cockerill works with partners to support large-scale hydrogen projects in sectors like energy, transport, and manufacturing.

The company is focused on reducing carbon emissions and promoting energy independence by offering reliable, scalable hydrogen solutions. Its commitment to innovation and sustainability makes it a key player in the global shift to green energy.

About John Cockerill

John Cockerill is a global company that designs, builds, upgrades, and maintains equipment in key sectors like energy, defence, steelmaking, environment and industry. They support clients through the entire life cycle of their equipment, helping improve performance, efficiency, and sustainability.