Protium Accelerates UK Projects with Series B Funding

Protium Green Solutions Ltd has announced a successful first close of its Series B funding round, securing over £31 million to further its UK projects and commercialize its portfolio. The funding round was led by existing investors Barclays Principal Investments and SWEN Capital Partners, through its SWEN Impact Fund for Transition, with additional contributions from new industrial partners ITOCHU Corporation and Toho Gas Co. By attracting such prominent investors, Protium underscores the importance of green hydrogen in the global energy transition, particularly for sectors where full electrification proves challenging. The company’s end-to-end service model in green hydrogen production and supply positions it as a crucial player in the industry, promising substantial revenue opportunities as demand increases. The Series B funding highlights Protium’s role in regional decarbonization and its strategy for a low-carbon economy.