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Investment firm SCF Partners has announced the formation of D2Zero – a decarbonisation business made up of five existing UK companies, including hydrogen players Hydrasun and Fuel Cell Systems.
The companies within the new platform are all portfolio firms of SCF, each with engineering and operations support expertise for energy infrastructure across different technologies,
It is hoped D2Zero will accelerate customers’ progress towards decarbonisation and Net Zero objectives, with plans to create business of scale with revenues exceeding £500m ($636m) and a workforce of 4,000 people.
Hydrasun is a Scottish-based integrated fluid transfer, power and control solutions and services company. With a number of hydrogen projects in its portfolio covering design, product supply, integration, installation and commissioning, Hydrasun has been looking to establish itself in the hydrogen supply chain.