French startup Climate Horizon is seeking to raise more than €100 million ($108 million) for efforts to produce hydrogen from biomass, generate carbon credits and lease trucks powered by the clean fuel.
The company, owned by Luxembourg-based family office Kouros SA, wants to deploy 10 hydrogen-distribution stations in France by the end of 2025, President Florent Bergeret said in an interview last week. Climate Horizon also wants to build about 15 production units for green hydrogen and synthetic gas in France, he said.
“We want to offer decarbonization services to industries and heavy-duty transport,” said Bergeret, who joined Kouros and founded Climate Horizon after working 20 years at French energy giant Engie SA. “It’s for sectors that are the hardest to decarbonize.”
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