Stockholm and Lisbon, March 25, 2026
HYRIZEON AND FADO ENERGY ESTABLISH PLATFORM TO DRIVE LARGE-SCALE HYDROGEN AND DERIVATIVE DEVELOPMENT IN IBERIA
Hyrizeon AB and Fado Energy have entered into a strategic partnership to establish a platform for the development of industrial-scale hydrogen and hydrogen-derived projects across the Iberian Peninsula. The collaboration targets the build-out of a competitive pipeline of projects, combining renewable hydrogen with downstream fuels and industrial applications.
The platform will leverage Hyrizeon’s expertise in hydrogen value chain development and project structuring together with Fado Energy’s strong local capabilities in project origination, permitting, and stakeholder engagement in Portugal and Spain.
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HYDROGEN AND DERIVATIVES: ENABLING COMPETITIVE INDUSTRIAL TRANSITION
Hydrogen and hydrogen-derived fuels are expected to play a key role in decarbonizing industry, transport, and energy systems. At the same time, the market is evolving towards a stronger focus on cost competitiveness, demand alignment, and project bankability.
By integrating hydrogen production with downstream applications such as e-fuels and bio-based fuels, projects can achieve improved economics and faster commercialization. This enables scalable solutions for sectors including maritime, aviation, and chemicals, while strengthening the business case for renewable power generation.
STRATEGIC EXPANSION INTO IBERIA
Iberia is emerging as one of Europe’s most competitive regions for hydrogen and derivatives, supported by strong renewable resources, growing industrial demand, and access to export infrastructure.
Through this platform, Hyrizeon expands its geographic footprint and strengthens its ability to develop investment-ready hydrogen projects across Europe.
“The establishment of our Iberian platform marks an important step in our strategy to develop competitive hydrogen and derivative projects in the most attractive regions in Europe. By combining local development capabilities with our experience in structuring hydrogen value chains, we aim to accelerate the development of bankable projects,” says Axel Alm, CEO of Hyrizeon AB.