HVR Energy funding in order to build its first 20 hydrogen distribution stations (ACTIVA) intended to supply vehicles.
Since the launch of round 1 (1,500,000 EUR), HVR Energy has secured strategic partnerships with several companies in the energy and automotive sectors.
Moreover, the initial target of installing 20 stations by 2027 has been revised upwards. The new objective is now 25 ACTIVA stations, representing a 20% increase in the number of subsidized stations since the launch of round 1, reflecting the interest this model generates among European and Spanish authorities.
This project concerns HVR Energy corporate financing. The company will use the funds to build its first 20 hydrogen refueling stations (ACTIVA type).
The amount requested for the secound round of funding is 1,000,000 EUR, for a total of 5,000,000 EUR, in several rounds, with an investment term of 48 months and an interest rate of 12%. The simple bonds issued are of senior range.
A pledge of 15% of the shares of the parent entity, Langur Holding Corporation, S.L. is settled as a guarantee.
The offer
20 hydrogen refueling stations construction funding along the Trans-European Transport Network
HVR Energy offers an investment opportunity in the financing of the construction of its first 20 hydrogen refueling station in Spain.
The interest rate of the simple bonds issued as part of this project is 12%, with a duration of 48 months. The repayment strategy is in fine with an annual interest payment.
These are regulated by Spanish jurisdiction.
The repayment strategy is based on increasing equity and on obtaining grants. The promise will cover the 15% of the shares of Langur Holding Corporation, S.L. the parent company.
Specifications
Investment phases
- Investment open to everyone
End of project financing
Resources
Simulator
Investment simulation
H2Move - T2 - Obligation 12%/year over 3.8 years
Simulation - Rate : 12% / year on 3.8 ans
Initial investment:
€1,000
Repayments and interest:
€1,464.55
In 4 transfers
| Date | Interest* | Capital | Amount |
| 06/05/2026 | €104.55 | €0 | €104.55 |
| 06/05/2027 | €120 | €0 | €120 |
| 06/05/2028 | €120 | €0 | €120 |
| 06/05/2029 | €120 | €1,000 | €1,120 |
| Total | €464.55 | €1,000 | €1,464.55 |
*Gross interest before tax, including all fees (view taxation) The result presented is not a forecast of the future performance of your investments. It is only intended to illustrate the mechanics of your investment over the investment period. The evolution of the value of your investment may vary from what is shown, either increasing or decreasing. | |||
The project
HVR Energy is a Spanish company founded in 2020 that develops hydrogen refueling stations and currently operates a project for production, storage, and distribution of green hydrogen in Coslada (Spain). This first installation serves as a show platform.
The company produces and distributes green hydrogen by purchasing electricity through green energy contracts.
The company offers solutions in various sectors and for various applications:
- Mobility: urban mobility, interurban mobility, and light vehicles
- Logistics: heavy transport, light transport, last-mile transport, as well as forklifts
- Data centers:Memorandum of Understanding signed with Nvidia and certified as official H2 supplier to supply hydrogen in Nvidia data center backup systems
HVR energy works with car manufacturers, energy companies, and logistics companies to promote the use of hydrogen.
ACTIVA Type Stations:
ACTIVA is a distribution hydrogen project. This type of station will be installed in existing gas stations or directly in the facilities of companies that require a hydrogen supply (such as logistics operators and car manufacturers).
Features of an ACTIVA station:
- Distribution: dual connection at 350 bar and 700 bar
- Installed power: 15 kW
- Dispensing capacity: 1 ton/day
- Storage system: 900 bar
- Occupied surface: 20 m²
- Construction time: 6 to 8 months
The technology has been developed by Wolftank, an Austrian group and global player in energy solutions.
The 20 stations funding is part of a larger deployment strategy that foresees a total of 75 ACTIVA stations across Spain. Exact locations have not been precisely defined yet as the client will decide the exact location at the time of signing the contract.
The company development is based on an increase in capital and also on the support of European organizations:
- EIT (European Institute of Innovation & Technology)
- CEF (Connecting Europe Facility – European Commission)
- ICO (Instituto de Crédito Oficial)
The company has structured its operation by dividing it into implementation phases that are named after the awarded grant.
- EIT: 1 station (grant awarded)
- PATSYD: 4 stations (grant awarded)
- CEF 20: 20 stations (grant awarded)
- CEF 50: 30 stations
With the installation of the first 20 stations, HVR Energy aims to demonstrate the reliability of its model and gain credibility before launching a fundraising equity campaign.
The crowdfunding is carried out within the framework CEF 20 for which the grant has already been awarded.
Business Model:
1) The ACTIVA stations will be leased to two types of clients for a monthly rental:
- Traditional fuel companies with a distribution network settled
- Companies using hydrogen vehicles (cars, buses, trucks, forklifts)
In this way, HVR Energy ensures part of its income that will not be directly affected by hydrogen demand.
2) In addition, HVR Energy will also receive a commission of 0.5 € per kg of hydrogen sold.
The press is talking about the project!
- https://elperiodicodelaenergia.com/hvr-energy-recibe-ayudas-de-los-fondos-europeos-para-instalar-20-hidrolineras-en-espana/
- https://hidrogeno-verde.es/proyecto-hvr-energy-movilidad-hidrogeno/
- https://elperiodicodelaenergia.com/eit-apoya-la-propuesta-de-hvr-energy-para-potenciar-la-movilidad-impulsada-por-hidrogeno/
- https://www.bolsamania.com/noticias/empresas/economia–eit-apoya-la-propuesta-de-hvr-energy-para-potenciar-la-movilidad-impulsada-por-hidrogeno–18957380.html
- https://elmercantil.com/2025/02/24/la-comision-europea-apoya-con-65-millones-seis-proyectos-espanoles-en-fueles-verdes/
Project owners
Langur Holding Corporation
Founded in 2016, Langur Holding Corporation (LHC), a Spanish company, is a private entity created to manage minority and majority stakes in a variety of companies in Europe, LATAM, and GCC (Gulf Cooperation Council) countries.
Langur provides strategic consulting, business structuring expertise, and market penetration services to all the companies it invests in, across the following sectors:
- Energy sector
- Fintech
- Home services
The subsidiary Langur Portugal is dedicated to the development, construction, and operation of photovoltaic assets in Portugal.
Our analysis
Investing in this participatory financing project involves risks, including the risk of total or partial loss of the capital invested. Your investment is not covered by the deposit guarantee schemes established in accordance with directive 2014/49/EU of the European Parliament and of the Council. Your investment is also not covered by the investor compensation schemes established in accordance with Directive 97/9/EC of the European Parliament and of the Council. Return on investment is not guaranteed. This is not a savings product, and we recommend that you not to invest more than 10% of your net assets in participatory finance projects. You may not be able to sell the investment instruments when you wish. If you are able to sell them, however, you may incur losses.
