Sa-h2
Cape Town, Western Cape, South Africa
About
Founded in 2023, Sa-h2 is a private headquartered in Cape Town, South Africa specializing in Hydrogen.
Sa-h2 is an innovative blended finance facility established in June 2023 to facilitate and accelerate the development of the green hydrogen sector and circular economy in South Africa. The fund is supported by South Africa's Public Investment Corporation, Industrial Development Corporation, Development Bank of Southern Africa, Climate Fund Managers, Invest International B.V., and Sanlam Limited. Sa-h2 targets USD 1 billion in total funding and employs a tiered capital structure comprising a Development Tranche for early-stage concessional capital and three Equity Tranches for public and private investors. The fund's inaugural investment was USD 20 million in development funding for the Hive Hydrogen Coega Green Ammonia Project, South Africa's first large-scale green ammonia production facility. Sa-h2 is managed by a partnership between Climate Fund Managers and Invest International, building on the track record of Climate Investor One and Climate Investor Two funds, which collectively mobilized over USD 2 billion in clean energy and climate-resilient infrastructure across emerging markets.
Headquarters
Cape Town, South Africa
Founded
2023
Company Type
Private
Business Models
Value Chain
Service Regions
South Africa
Projects
Hive Hydrogen Coega Green Ammonia Project
Sustainability
2.6M
Tonnes CO₂/yr avoided
Partnerships
Climate Fund Managers, Invest International B.V., Hive Hydrogen South Africa, ITOCHU Corporation