A few months ago, green hydrogen producer Lhyfe launched a crowdfunding campaign on the Lita platform. The initiative aims to engage environmentally conscious citizens and diversify sources of capital.
We reported on the campaign back in December, when it was announced as a means to help finance production sites. With a target of €2.5 million, Lhyfe has so far raised just over €900,000 — a solid result. The Nantes-based company takes pride in its close relationship with the public: it has hosted more than 200 debates and public meetings, as well as participating in numerous trade shows. Through these interactions with citizens and local communities, Lhyfe has witnessed strong interest — and often enthusiastic support — for the hydrogen sector.
This citizen funding complements other financial mechanisms. On 29 April, Lhyfe signed a landmark agreement with major financial partners, who committed €53 million to the development of four green and renewable hydrogen production facilities.
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