HDF Energy: Industrial advances and streamlining

As of June 30, 2026, HDF Energy, a hydrogen specialist, improved its financial performance with a net loss of €4.0 million compared to a loss of €6.6 million a year earlier. Revenue increased to €0.55 million, supported by a €4.1 million grant. The IPCEI program progressed with a second advance payment of €12.7 million received.

International projects are intensifying, with Indonesia and Mexico leading the way. Production in French Guiana is scheduled for the end of 2026. HDF is accelerating its streamlining: 93 employees compared to 103 previously, and a reduction in personnel costs to €3.9 million.

Despite reduced cash reserves of €27.2 million, the financial structure remains solid, supported by the IPCEI advance. The company is adjusting its strategy to adapt to developments in the hydrogen market.