GeoPura has secured £27 million in green financing from Barclays to expand its hydrogen energy operations in the UK and establish a new base in Denmark. The package includes a £16.5 million guarantee from the Export and Investment Fund of Denmark (EIFO), marking EIFO’s first international Power-to-X guarantee.
The funding supports HyMarnham Power, GeoPura’s joint venture with JG Pears, which will produce low-carbon hydrogen at a former coal-fired power station in the East Midlands. Expected to become the first project under the UK Government’s Hydrogen Allocation Round 1 (HAR1) to reach commercial operation, it will supply hydrogen for GeoPura’s zero-emission power units and other industrial uses.
The new Danish hub, GeoPura (Europe) Limited, will secure electrolyser capacity and support delivery capability across Europe, strengthening the company’s continental operations.
GeoPura’s hydrogen systems replace diesel generators in sectors such as construction, data centres, film production, and major events. Clients include National Grid, Balfour Beatty, and the BBC. Its next-generation Hydrogen Power Unit 2 is designed for higher-capacity applications, expanding its reach into new markets.
The Barclays-EIFO partnership highlights growing UK-Danish collaboration in clean energy finance, aiming to drive investment, job creation, and industrial growth in both markets.
