Namibia Hydrogen Fund Managers

Catalysing Namibia’s Green Hydrogen Sector

Namibia Hydrogen Fund Managers is an infrastructure asset manager headquartered in Windhoek, Namibia.

It manages SDG Namibia One Fund (also known as Climate Investor Three Namibia/ CI3 Namibia) a USD 1 billion target blended finance facility focused on incubating Namibia’s green hydrogen sector and related infrastructure.

Founded in 2023 and licensed by the Namibia Financial Institutions Supervisory Authority in 2024; Namibia Hydrogen Fund Managers (Pty) Ltd (“Nam-H2 Fund Managers”) is a joint venture between Climate Fund Managers (“CFM”), a climate-focused blended finance investment manager, the Environmental Investment Fund of Namibia (“EIF”), owned by the Government of Namibia, and Invest International, a Dutch development financing institution.

Purpose & Primary Service

Nam-H2 Fund Managers was established to unlock the potential of Namibia’s green hydrogen sector – not only to drive Namibia’s long-term social and economic growth and transition to net zero but also to contribute to the global energy transition.

Green hydrogen, produced using renewable energy, is critical for decarbonising energy systems and hard-to-abate sectors such as steel production, fertilisers, cement, methanol, shipping, and aviation.

With vast expanses of land and some of the world’s best solar and wind resources, Namibia is well positioned to lead in green hydrogen production. In addition to supporting global markets, Namibian green hydrogen can drive the development of local green industries, creating jobs and fostering innovation.

Nam-H2 Fund Managers supports the development of Namibia’s green hydrogen sector across the entire value chain, including its essential supporting infrastructure. Drawing on our extensive expertise in renewable energy projects in emerging markets, we ensure that projects are both investable and scalable. By providing access to finance throughout the project lifecycle – from development to operation and beyond – we aim to help realise the full potential of Namibia’s green hydrogen ambitions.

Press Releases

Nam-H2 Fund Managers and HyIron Sign Development Funding Agreement for Africa’s First-Ever Green Iron Plant in Namibia

Windhoek, 25 October 2024: Namibia Hydrogen Fund Managers (Pty) Limited (“Nam-H2 Fund Managers”), an infrastructure fund manager focused on incubating Namibia’s green hydrogen sector, has signed a Development Funding Agreement (DFA) with HyIron, a green iron developer. The funding will accelerate the expansion of HyIron’s pioneering Oshivela Project, Africa’s first climate-neutral iron plant, significantly advancing global climate goals.

Nam-H2 Fund Managers Secures EUR 25 million Investment from the European Union to Propel Namibia’s Green Hydrogen Sector

Windhoek, 4 September 2024: Namibia Hydrogen Fund Managers (Pty) Limited (“Nam-H2 Fund Managers”), an infrastructure fund manager headquartered in Windhoek, today announced a EUR 25 million investment from the European Union to its flagship green hydrogen facility, SDG Namibia One Fund. This landmark investment will drive the development of Namibia’s green hydrogen sector, fuelling long-term social and economic growth while accelerating the global energy transition.

Hyphen Hydrogen Energy and SDG Namibia One Fund Agree on Equity Stake in Country’s First Gigawatt-scale Green Hydrogen Project

Windhoek, Namibia, 22nd December 2023 – SDG Namibia One Fund, Namibia’s dedicated green hydrogen blended finance vehicle and the designated funding partner to Government of Namibia’s green hydrogen initiatives (the “Fund” or “SDG Namibia One”), and Hyphen Hydrogen Energy (“Hyphen”) have concluded a share subscription agreement, following which the Fund will take up a 24% stake in the country’s landmark Hyphen green hydrogen project (the “Project”). The Fund’s equity subscription will be backed by an initial EUR 23 million development funding to the Project.

Government Announces “NAM-H2 Fund Managers” To Incubate Synthetic Fuels Sector. Firm Will Manage New “SDG Namibia One” Green Hydrogen Fund

Windhoek Namibia, Monday 19th June 2023: Today, the Government of the Republic of Namibia (Government) is pleased to announce the conclusion of agreements for the establishment and management of Nam-H2 Fund Managers, a new infrastructure asset manager that will incubate the synthetic fuels sector in Namibia.

Launch Of The New ‘SDG Namibia One Fund’ At Cop27 Targets The Development Of A Green Hydrogen Economy In Namibia

On Tuesday 8th November, during the United Nations Climate Change Conference in Sharm El-Sheikh, Egypt, better known as COP27, the ‘SDG Namibia One Fund’ was officially launched. This new fund is premised on the principles of an innovative blended finance platform to facilitate and accelerate the development of a green hydrogen sector and economy in Namibia. The fund is created through a partnership between the Environmental Investment Fund of Namibia (owned by the Namibian Government), Climate Fund Managers and Invest International, both from the Netherlands.

Namibia Hydrogen Fund Managers

Purpose & Primary Service

Press Releases

Nam-H2 Fund Managers and HyIron Sign Development Funding Agreement for Africa’s First-Ever Green Iron Plant in Namibia

Nam-H2 Fund Managers Secures EUR 25 million Investment from the European Union to Propel Namibia’s Green Hydrogen Sector

Hyphen Hydrogen Energy and SDG Namibia One Fund Agree on Equity Stake in Country’s First Gigawatt-scale Green Hydrogen Project

Government Announces “NAM-H2 Fund Managers” To Incubate Synthetic Fuels Sector. Firm Will Manage New “SDG Namibia One” Green Hydrogen Fund

Launch Of The New ‘SDG Namibia One Fund’ At Cop27 Targets The Development Of A Green Hydrogen Economy In Namibia

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