Bouygues Construction invests in PowiDian, a specialist in autonomous hydrogen-based energy production

Contacts presse

Hubert Engelmann
06 99 05 46 66
h.engelmann@bouygues-construction.com

Marie Pinot
07 61 64 22 81
m.pinot@bouygues-construction.com

15-10-2020
Bouygues Energies & Services, a partner in the energy and digital transformation of regions, industries and buildings, and Construction Venture, a Bouygues Construction investment vehicle for start-ups, today announced they have signed an agreement to purchase a stake in PowiDian, a  specialist in “green” hydrogen solutions for regional energy self-sufficiency.
 
PowiDian operates in the energy transition sector. It develops 100% renewable power generation solutions for isolated sites that are not connected to the power grid. Its generators work with all types of renewable energy. Energy storage takes the form of green hydrogen produced by electrolysis. The energy is then restored when required through a fuel cell. PowiDian has developed the MobHylpower® range of zero-emission hydrogen generators intended to replace polluting and noisy diesel generators.
 
Jean-Marie Bourgeais, CEO of PowiDian, said: “We have been financed and supported for six years by the Xerys investment funds, but we are now delighted to welcome the Bouygues Group as a shareholder in PowiDian. This investment in our equity is combined with an ambitious commercial agreement that will allow us to significantly accelerate our development.”
 
Bouygues Energies & Services supports its customers in the energy transition and provides a range of services based on green hydrogen in France and a number of other countries. This investment agreement and the associated partnership contract provide the structure for an ambitious co-development strategy, which will enable Bouygues Energies & Services to broaden its range of green hydrogen-based solutions to address its customers’ energy challenges effectively. This offer strengthens the positioning of Bouygues Construction’s Energies and Services division, whose subsidiary Kraftanlagen has already been active for some years in the green hydrogen market in Germany and Switzerland.
 
Maxime Merolle, head of the Products and New Technologies department at Bouygues Energies & Services, said: “Our customers’ needs and expectations are very much focused on environmental issues. Green hydrogen has a key role to play in the decarbonation process. PowiDian’s proven expertise in the hydrogen market and its platform for the testing and qualification of equipment, which is unique in Europe, will be major assets in our company’s service offering in this emerging market.”