a year ago

GeoPura Raises £56 Million for Green Energy Expansion

  • GeoPura, a UK-based green energy company, has secured £56 million in funding

  • The round was led by The UK Infrastructure Bank and Barclays Sustainable Impact Capital, with participation from existing investors GM Ventures, SWEN Capital Partners, and Siemens Energy Ventures

  • GeoPura develops and provides hydrogen-based zero emission fuels and power generation units, utilizing renewable energy sources to create hydrogen and convert it into electrical power at the point of use

  • The funding will be used to expand production capacity, grow its workforce, and increase the deployment of its power generation technology

  • The company's HPUs have already been supplied to a wide range of high-profile customers, including the Ministry of Defence, Balfour Beatty, National Grid, and the BBC.

      • ProblemRenewable Energy

      "Traditional diesel generators used for power generation emit harmful emissions, contributing to air pollution and climate change."

      Solution

      "GeoPura provides a clean and carbon-free power generation technology solution using renewable energy to create hydrogen and hydrogen-based zero-emission fuels. This fuel is transported to locations where a local generator converts it to electrical power, replacing traditional diesel generators with a sustainable alternative."

      Covered on