© EIB

Resato Hydrogen Technology has secured a €25 million venture debt facility from the European Investment Bank (EIB). The financing, backed by the European Commission’s InvestEU initiative, aims to boost Resato’s research and development and expand production capacity in Assen, Netherlands.

Expansion Plans

The investment supports Resato’s ambition to deploy 1,000 hydrogen refuelling stations by 2030. This move aligns with the EU’s Sustainable and Smart Mobility Strategy. Resato plans to relocate to a new assembly facility this year, optimizing production scaling.

Hydrogen’s Role in Energy Transition

EIB Vice President Robert de Groot highlighted hydrogen’s importance in the energy mix, especially for sectors limited by grid capacity. Hydrogen offers significant benefits for heavy-duty transport due to its range and emission reduction potential.

Job Creation and Training

Resato’s expansion is expected to increase its workforce from 170 to up to 1,000 by 2030, also creating additional regional supply chain jobs. To address the need for skilled personnel, Resato launched its H2 Academy in 2024, collaborating with educational institutions for specialized training.

Proven Track Record

Since opening the Netherlands’ first large hydrogen refuelling station in 2019, Resato has sold over 55 stations across Europe. The company leads in hydrogen refuelling technology, manufacturing the largest hydrogen refuelling station with a capacity of 2000 kg per day, operated by Hypion in Germany.

Background on EIB and Invest-EU

The EIB, owned by EU Member States, provides long-term financing for projects aligning with EU policy goals. The InvestEU program leverages significant funds to support sustainable recovery, backing projects with a €26.2 billion EU budget guarantee, mobilizing at least €372 billion in additional investment.