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Spain · Mobility · Climate tech
HVR Energy develops and operates modular hydrogen refuelling stations and a network for professional fleets and hydrogen-powered light-duty vehicles. Its compact station design can be installed at existing sites and expanded in stages as demand grows, lowering the infrastructure commitment required to serve early hydrogen mobility markets.
HVR Energy installs modular, compact hydrogen refuelling equipment at existing sites. The station format is designed to scale capacity and network coverage incrementally as local demand develops, rather than requiring an oversized installation at the outset. The company operates the network as well as developing the infrastructure.
The stations are intended to serve fleet and light-duty vehicle users at strategic transport nodes and corridors. HVR Energy positions hydrogen as complementary to battery-electric vehicles for transport operations where range, high utilisation, downtime or limited electrical capacity can constrain battery charging.
The company serves professional fleets and users of hydrogen-powered light vehicles in Spain. It commissioned its first station in Coslada in 2023 and raised a €20 million Series A in September 2026 to accelerate deployment, with a stated target of 75 operational stations in Spain by 2030.
| Announced | Round | Amount | Investors |
|---|---|---|---|
| Series A | €20M | Sandton — LeadBarents Re — ParticipantLangur — Participant |