[Funding alert] Belgium-based Tree Energy Solutions Secures €140Million in Funding

This new capital will be used to develop TES’ global portfolio of green energy production and import projects. The fundraising attracted a global investor base comprising leading financial institutions and energy investors, including Azimut Group, Fortescue, E.ON, HSBC, O.G. Energy, Zhero and others.

e-NG is a hydrogen-based green molecule chemically identical to natural gas and obtained by combining green hydrogen with biogenic or recycled CO2. e-NG is easy to transport and store using existing infrastructure and is a true drop-in green solution for industry and customers looking to decarbonise.

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Tree Energy Solutions has developed strategic partnerships with a number of leading energy companies, including TotalEnergies, Osaka Gas, Toho Gas, Tokyo Gas, Fortescue and ADNOC, to create a leading pipeline portfolio of large-scale e-NG projects across North America, The Middle East, Australia and Europe.

Tree Energy Solutions is also developing a green energy hub in the German port of Wilhelmshaven. The hub is a significant element in Tree Energy Solutions’ commitment to decarbonise the German and neighbouring energy markets by facilitating the import of natural gas and e-NG, export of CO2 and production of green hydrogen and green power.

Marco Alverà, Co-founder and CEO of TES, said: “We are excited to announce this significant new milestone. The fundraising is an important step on our journey to deliver affordable e-NG and hydrogen. This newly raised capital will be used to advance the development of our upstream and downstream e-NG projects internationally. Our sustainable business model has attracted world-class strategic and financial partners to continue executing on our projects.”

Marcel and Paul van Poecke, co-founders and co-chairmen of TES, in a joint statement added: “Congratulations to Marco and team for continuing the successful execution of our plan. We are delighted to be well supported by our existing investor base and to have attracted new, well regarded, investors who share our vision for the company.”

About Tree Energy

A multinational leader in the manufacturing of green hydrogen-based e-NG, TES is a leader in the field of sustainable energy. Tree Energy Solutions, a European-based company, is dedicated to providing everyone with dependable, reasonably priced green energy by executing large-scale projects through the application of a tried-and-true, scalable, and economical approach.

Utilising solar and wind energy in low-cost places with plenty of sunlight or wind, the company's green hydrogen concept is implemented in North America, the Middle East, Asia, and Australia.