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UK backs GeoPura with £27 million for green hydrogen plant


GeoPura has secured a £27 million green loan to expand its hydrogen-based energy services in the United Kingdom and to establish a new Danish hub supporting electrolyzers. The financing package was jointly structured by Barclays and the Danish Export and Investment Fund (EIFO), with Barclays providing the funding and EIFO backing £16.5 million through its first international Power-to-X guarantee, marking an expansion of its clean energy presence in the UK.

The green loan will be directed toward HyMarnham Power, GeoPura’s joint venture with JG Pears, which will produce large-scale low-carbon hydrogen. The project progresses under the UK government’s Hydrogen Allocation Round 1 (HAR1) support program, highlighting how policy frameworks can accelerate new technologies to market.

HyMarnham Power will become the first HAR1-backed hydrogen plant to enter commercial operation by the end of 2025. The facility, located on a former coal power station in the East Midlands, will be transformed into a clean hydrogen hub supplying low-carbon hydrogen for GeoPura’s zero-emission power units and other applications.

GeoPura’s role in the clean energy transition

GeoPura is replacing diesel generators, a major source of emissions, with hydrogen fuel cell alternatives. Its hydrogen power units (HPUs) provide reliable, zero-emission energy to sectors traditionally reliant on diesel, including construction, data centers, film and TV production, and large-scale international events. Clients include Balfour Beatty, National Grid, and the BBC.

Recently, GeoPura launched HPU2, its next-generation power unit, designed to meet higher-capacity energy demands across a wider range of use cases. Alongside the HyMarnham Power project, this positions GeoPura to scale rapidly, offering a robust and secure hydrogen supply chain across the UK.

A First-of-Its-kind UK financing initiative

The £27 million financing package from Barclays, including EIFO’s £16.5 million guarantee, underscores the strength of UK-Denmark collaboration in delivering large-scale clean energy projects.

GeoPura is expanding into Europe with the launch of GeoPura (Europe) Limited in Denmark. The Danish hub, made possible by the EIFO guarantee, will play a central role in the expansion, ensuring electrolyzer capacity and developing delivery capabilities across the continent.

By combining UK ambition, Danish expertise, and international financial backing, GeoPura, EIFO, and Barclays demonstrate how cross-border collaboration can accelerate the shift away from fossil fuels. HyMarnham Power not only delivers one of the first large-scale hydrogen projects but also lays the groundwork for financing, deployment, and scaling of clean energy infrastructure. The project is expected to stimulate supply chain investment, create skilled jobs in both the UK and Denmark, and provide a long-term platform for industrial growth as Europe advances toward its net-zero targets.

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