Flexens spin-off HydRe receives an 800,000 euro investment grant from the Finnish Energy Authority to build Finland’s first hydrogen refuelling station in Lieto
1/11/2023
HydRe was founded at the beginning of 2022 as a Flexens spin-off company to develop a network of hydrogen refuelling stations for heavy transport in Northern Europe. In November, the HydRe team applied for a Finnish Energy Authority investment grant. As a result, HydRe was granted about 800,000 euros for its project in Lieto, where the startup intends to build Finland’s first hydrogen refuelling station. THE PLAN: A BOOST IN HYDROGEN REFUELLING The Lieto station is scheduled to open by 2024. The startup’s ambition does not end there: By 2025, seven additional hydrogen refuelling stations will be finalised, growing to about fifty stations by 2030. Most of the planned stations are intended f