HVR Energy secures funding to deploy 30 hydrogen stations in Spain
ICO backing supports rollout of new refueling sites at existing service stations.
HVR Energy is set to accelerate Spain’s hydrogen refueling rollout after securing €12.75 million in financing to develop 30 new hydrogen stations across the country. The funding supports the company’s ACTIVA project, aimed at expanding access to renewable hydrogen for mobility.
The financing was granted by Spain’s Official Credit Institute (ICO) and marks the second round of ICO backing for HVR Energy in two years. In 2025, the institution supported the deployment of 20 hydrogen stations with €7 million in funding, reinforcing confidence in the company’s business model and execution.
Under the ACTIVA project, the new hydrogen stations will be installed at existing fuel retail sites and offered through an all‑inclusive leasing model. The structure allows mobility operators and service station owners to provide renewable hydrogen without the need for upfront investment, lowering barriers to adoption.
The rollout is partially supported by a €7.6 million European grant awarded under the Connecting Europe Facility Alternative Fuels Infrastructure Facility (CEF‑AFIF). In the most recent CEF‑AFIF call, HVR Energy secured backing to develop 30 of the 38 hydrogen refuelling stations awarded across Europe, positioning the company as a leading contributor to the continent’s hydrogen infrastructure expansion.
The company is pursuing one of Europe’s most ambitious hydrogen mobility plans, with a target of 75 operational hydrogen stations in Spain by 2030. To date, HVR Energy has mobilized more than €33 million in public and private funding, enabling the deployment of at least 55 stations by 2028.
