Hygen Acquires HyBont Low-Carbon Hydrogen Project

By Global Infrastructure Sherpa · Jan 15, 2026

Acquisition Hydrogen announced Bridgend, Wales, United Kingdom Jan 15, 2026

early_development

Stage

HyBont

Project

Hygen Energy has acquired the HyBont low-carbon hydrogen project from Marubeni Corporation, located in Bridgend, Wales. The project was awarded funding through the UK Government’s first Hydrogen Allocation Round for electrolytic hydrogen production. The acquisition adds another HAR-supported asset to Hygen’s growing portfolio and represents the company’s first hydrogen project in Wales and the west of the UK.

Deal Analysis

Hygen Energy's acquisition of the HyBont low-carbon hydrogen project from Marubeni Corporation marks a strategic expansion for Hygen into Wales and the western UK hydrogen market. The HyBont project, located in Bridgend, has already secured funding through the UK Government’s Hydrogen Allocation Round (HAR), indicating its alignment with national hydrogen strategy and de-risking the early development phase for Hygen. This acquisition strengthens Hygen's portfolio of HAR-supported assets, positioning them as a key player in the UK's emerging hydrogen economy. The deal is notable due to Hygen's focus on developing a portfolio of green hydrogen projects and Marubeni's decision to divest this early-stage asset. While the specific value of the transaction is not disclosed, the involvement of a major Japanese conglomerate like Marubeni underscores the global interest in the UK's hydrogen sector. The acquisition allows Hygen to leverage existing government support and potentially accelerate the project's development towards commercial operation. This move could signal further consolidation and strategic repositioning within the hydrogen project development landscape.

Hygen Energy acquires a UK Government HAR-supported hydrogen project.
The deal represents Hygen's first hydrogen project in Wales and the west of the UK.
Marubeni Corporation divests an early-stage hydrogen asset.
The acquisition strengthens Hygen's position as a key player in the UK hydrogen economy.

Market Context: The hydrogen sector is experiencing rapid growth, driven by decarbonization efforts and government support for clean energy technologies. The UK government's Hydrogen Allocation Round is a key mechanism for incentivizing hydrogen production and infrastructure development. This deal reflects the increasing interest in hydrogen projects and the strategic importance of securing government funding to de-risk early-stage developments.