Deals Counterparts

REH2 to build 24 hydrogen filling stations in Sweden

Development Hydrogen announced Sweden Jan 1, 2025
SEK500M
Deal Value
24 MW
Capacity
development
Stage

REH2 will build 24 filling stations for green hydrogen in Sweden by 2025. The total investment amounts to approximately SEK 500 million and is co-financed with the EU and the Swedish Environmental Protection Agency.

Deal Analysis

REH2's plan to construct 24 green hydrogen filling stations across Sweden by 2025 represents a significant development in the country's emerging hydrogen infrastructure. The SEK 500 million investment, co-financed by the EU and the Swedish Environmental Protection Agency, underscores the growing commitment to hydrogen as a viable alternative fuel source. This project aims to address a critical bottleneck in the adoption of hydrogen-powered vehicles by expanding refueling accessibility. The involvement of FAM AB, a Swedish investment company with a long-term ownership perspective, further validates the strategic importance of this project. The development of these filling stations is crucial for supporting the broader adoption of hydrogen technology in Sweden's transportation sector. By creating a more robust refueling network, REH2 is facilitating the transition towards cleaner energy solutions and contributing to Sweden's environmental goals. The project's success hinges on the timely execution of the construction plan and the subsequent adoption of hydrogen vehicles by consumers and businesses. This initiative could serve as a model for other countries seeking to establish their own hydrogen infrastructure.
  • Development of 24 green hydrogen filling stations in Sweden by 2025.
  • Total investment of approximately SEK 500 million.
  • Co-financed by the EU and the Swedish Environmental Protection Agency.
  • Involvement of FAM AB, a Swedish investment company with a long-term perspective.
Market Context: The hydrogen sector is experiencing rapid growth globally, driven by increasing demand for clean energy solutions and government support for decarbonization initiatives. Sweden, with its strong focus on sustainability, is well-positioned to become a leader in hydrogen technology adoption.

Source Intelligence

KEY DETAILS

The project is co-financed with the EU and the Swedish Environmental Protection Agency. Quote: The total investment amounts to approximately SEK 500 million and is co-financed with the EU and the Swedish Environmental Protection Agency.

Deal Size
The total investment amounts to approximately SEK 500 million and is co-financed with the EU and the Swedish Environmental Protection Agency.
Location
REH2 will build 24 filling stations for green hydrogen in Sweden by 2025.
Announcement
Apr 25, 2023
COD
REH2 will build 24 filling stations for green hydrogen in Sweden by 2025.
PARTIES MENTIONED IN SOURCE
F
FAM AB investor

"FAM AB, owned by Wallenberg Investments AB acquires 25 percent of Qarlbo Energy, a subsidiary of Qarlbo AB, owned by Conni Jonsson and family."

Q
Qarlbo AB seller

"FAM AB, owned by Wallenberg Investments AB acquires 25 percent of Qarlbo Energy, a subsidiary of Qarlbo AB, owned by Conni Jonsson and family."

Q
Qarlbo Energy developer

"Through its subsidiaries Nilsson Energy and REH2, Qarlbo Energy has already begun the establishment of an infrastructure for fossil-free transport."

R
REH2 developer

"REH2 will build 24 filling stations for green hydrogen in Sweden by 2025."

N
Nilsson Energy developer

"Through its subsidiaries Nilsson Energy and REH2, Qarlbo Energy has already begun the establishment of an infrastructure for fossil-free transport."

W
Wavemaker Impact investor

"Qarlbo Energy has also invested in Singapore-based Wavemaker Impact."

W
Wallenberg Investments AB owner

"FAM AB, owned by Wallenberg Investments AB acquires 25 percent of Qarlbo Energy, a subsidiary of Qarlbo AB, owned by Conni Jonsson and family."

high quality Enriched Feb 19, 2026

Timeline

Announced
Jan 1, 2025
Signed
Closed

Market Context

This deal is part of the Hydrogen sector in Sweden.
110
Hydrogen deals
45
deals in Sweden
1 of 110 Hydrogen deals tracked this month · Updated daily

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