As the UK’s largest hydrogen refuelling operator, here at Motive we are delighted to have been acquired by net zero investment firm HYCAP Group, as the company increases its position in the UK renewable energy market.

The acquisition will allow us to develop plans to expand our network of clean hydrogen refuelling stations across the UK and into Europe.

We have been building and operating hydrogen refuelling stations since 2016, initially for hydrogen cars before moving to larger stations for heavy vehicles.

Gary Wilson, our Managing Director, said: “We are delighted and excited to be entering into this relationship with HYCAP, which has a proven track record in the field of hydrogen and the zero-emissions sector.

“The team at Motive are passionate about the hydrogen economy and its potential.. This is the next logical step in our evolution to cement our desire to support the UK’s transition to net zero.”

James Munce, CEO at HYCAP Group, said: “We are delighted to have acquired Motive Fuels and look forward to working with the team to help further develop its hydrogen offering both across the UK and in Europe.

“HYCAP has a vital role in helping speed-up green hydrogen production and supply, creating jobs and contributing to net zero targets and Motive fits seamlessly into those ambitions.”

Motive Fuels acquired by HYCAP Group