McPhy was founded in France in 2008. A trailblazer in hydrogen technologies at the service of energy transition, McPhy has turned into one of the world leaders in clean hydrogen production and distribution equipment.
The company’s mission is to help the main players in energy, industry, and transport with their energy transition.
“We help our customers in the energy, mobility, and industry sectors to successfully transition to business models based on zero-carbon hydrogen, reconciling economic performance and corporate social responsibility.”
McPhy and Its Clients
McPhy contributes to the delivery of clean hydrogen around the world as a leading supplier of hydrogen production and distribution equipment in the framework of the energy transition.
The company offers turnkey solutions to its clients across the globe, including a wide range of products and services dedicated to hydrogen energy, industrial hydrogen markets, and zero-emission mobility.
McPhy tailors these solutions to their client applications:
- Raw materials for industrial sites.
- Recharging of fuel cell electric vehicles.
- Renewable energy surplus storage and valorisation.
Biggest Achievements
Massive Capital Increase
McPhy’s biggest achievement to date is its recent capital increase to the tune of the whopping €180 million. The money was raised from historical shareholders, strategic investors, and new institutions. This was announced on October 13th, 2020, using an Accelerated Bookbuild to the benefit of certain categories of beneficiaries.
“We would like to thank all of the historical and new investors, which have contributed to the outstanding success of this capital increase. It is the most significant one to date for McPhy,” commented Laurent Carme, CEO of McPhy. Mr. Carme also added that his company is now in an ideal position to scale up its industrial capabilities – both from an operational and a financial perspective.
McPhy will use the gigantic capital increase by investing in:
- A Giga factory to accelerate its production capacities.
- Research and innovation, including the development of very large capacity electrolysers and hydrogen stations.
- Acceleration of the recruitment policy, as well as sales and marketing.
- Working capital.
Listing on the Stock Exchange
McPhy is listed on NYSE Euronext Paris (Segment C, ISIN code: FR0011742329; ticker: MCPHY).
Five Production Units in Three European Countries
Since 2008, McPhy has been designing, manufacturing, and integrating hydrogen equipment. Today, the company has five development, engineering, and production units in Europe – in France, Germany, and Italy.
What’s more, McPhy’s international subsidiaries ensure global sales and commercial coverage of the company’s innovative hydrogen solutions.
Equipping the Largest Zero-Carbon Hydrogen Site in Europe
On January 22nd, 2020, McPhy, announced that it has been selected to equip the biggest electrolysis plant for zero-carbon hydrogen production, which is the first of its kind and magnitude in Europe.
The production capacity would be 3,000 tonnes per year (20 MW). The aim is to produce bio methanol, thereby reducing carbon dioxide emissions by up to 27,000 tonnes per year.
Nouryon and Gasunie, two leading industrial groups, initiated the project. It’ll be installed in Delfzijl, the Netherlands.
Relation with Tech Tour
At Tech Tour, we always aim to bring high-quality companies to our events. McPhy was such a high-quality participant at two Tech Tour events – Energy in Transition 19 and Tech Tour Mobility 19. The high-quality of participating companies is due to the Selection Committees of active investors and industry experts. They review, recommend and cherry-pick the most outstanding participants.