GeoPura secures £36M investment for hydrogen-fuelled generators

UK green hydrogen company GeoPura has secured £36 million in an investment round led by GM Ventures, the investment arm of General Motors, and co-led by Barclays Sustainable Impact Capital with participation from SWEN CP and Siemens Energy Ventures. The investment will allow GeoPura to scale its business in replacing diesel-fuelled generators with green.
GeoPura’s hydrogen power unit (HPU) is used by companies including Balfour Beatty, HS2, National Grid and the BBC to replace traditional diesel generators. The HPUs are used for temporary, supplementary, off grid and backup power. GeoPura plans to grow the use of hydrogen into other hard-to-decarbonise areas of the energy system, such as EV charging and supplementary grid power.
The £36 million investment will enable GeoPura to mass manufacture HPUs alongside partner Siemens Energy in Nottingham and Newcastle upon Tyne, increase the production of green hydrogen to fuel the units and drive green skills.
GeoPura wants to deploy over 3,600 HPUs by 2033. It aims to bring a number of new products to market, addressing smaller and larger power requirements.
Andrew Cunningham, CEO of GeoPura, said: “This investment allows us to build on our installed base of HPUs and hydrogen production infrastructure to stimulate the green hydrogen economy, and then expand the use of clean fuels into other hard-to-decarbonise areas of our energy system.”
“The need for green hydrogen energy solutions is expanding as a wide range of customers move toward replacing diesel-powered sources,” said Wade Sheffer, Managing Director, GM Ventures.
James Ferrier, Director, Principal Investments, Barclays Sustainable Impact Capital said: “Whilst most of the focus in the UK is rightly on ‘greening’ our energy grid, industries which are reliant on fossil-fuel powered generators – such as construction, film production and events – should not be forgotten. Establishing tailored methods of off-grid green energy generation such as GeoPura’s Hydrogen Power Unit technology will be crucial for the decarbonisation of these industries, and we are excited to support GeoPura as they begin to scale.”