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Hygenco Seals India's Landmark $105 Million Green Hydrogen Deal: IFC, Siemens and Fullerton Back the Country's Boldest Clean Energy Bet Yet
ImpactJun 13, 2026

Hygenco Seals India's Landmark $105 Million Green Hydrogen Deal: IFC, Siemens and Fullerton Back the Country's Boldest Clean Energy Bet Yet

Hygenco Green Energies signed definitive agreements on June 5, 2026 for a $105 million equity investment from IFC, Siemens Financial Services, and the Fullerton Carbon Action Fund — marking all three investors' first direct entry into India's green hydrogen sector in a landmark deal that could accelerate the country's clean energy transition.

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