Hynamics
Hynamics, a wholly-owned EDF subsidiary, designs, finances, builds, and operates low-carbon hydrogen production and distribution assets — plus e-fuel plants — for industrial offtakers (chemicals, fertilizers, petrochemicals) and heavy mobility operators (buses, refuse trucks, aviation) across France, Germany, and the UK.
- Company typePrivate
- Founded2019
- HeadquartersParis, France
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Hynamics does
Hynamics is a wholly-owned subsidiary of Electricité de France (EDF), established in April 2019 to develop, finance, construct, and operate low-carbon and renewable hydrogen production and distribution assets for industrial decarbonization and heavy mobility. The company applies water electrolysis powered by low-carbon electricity (EDF nuclear and renewable sources) to produce hydrogen without direct CO2 emissions, contrasting with the approximately 10 kg CO2 per kg of hydrogen produced via conventional steam reforming. Its product portfolio covers industrial on-site electrolysers, hydrogen refueling stations for heavy-duty vehicles, and synthetic e-fuel (e-kerosene) plants for aviation and maritime. Hynamics serves a mix of public-sector mobility authorities and large enterprise industrial offtakers, including LAT Nitrogen (ammonia/fertilizers), ExxonMobil (Fawley petrochemical complex up to 120 MW), and Air France-KLM (e-kerosene via Take Kair).
The company operates through a project-company/SPV model in which Hynamics invests in dedicated vehicles whose capital is opened to financial partners (Banque des Territoires, ADEME, CINEA, regional authorities), enabling risk-sharing and amplified financing capacity while EDF retains full ownership of the parent. Turnkey delivery spans feasibility studies, EPC management, and long-term O&M with 24/7 remote monitoring. The current portfolio includes operational stations at Auxerre, Belfort, Cannes Lérins, Vallée Sud, and Dunkerque (SHYMED), with larger industrial and aviation projects — ABC Ottmarsheim, OphelHy, Tees Green Hydrogen, Fawley Green Hydrogen, and Take Kair — in development or construction across France, Germany, and the United Kingdom. The company employs 160+ staff across these geographies.
Hynamics firmographics
Firmographics- Name
- Hynamics
- Legal name
- Electricité de France (EDF)
- Website
- https://hynamics.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Hynamics, a wholly-owned EDF subsidiary, designs, finances, builds, and operates low-carbon hydrogen production and distribution assets — plus e-fuel plants — for industrial offtakers (chemicals, fertilizers, petrochemicals) and heavy mobility operators (buses, refuse trucks, aviation) across France, Germany, and the UK.
- Ownership category
- akta.pro rank
Hynamics industry classification
Industry- Product category
- Hydrogen Production & Distribution
- NAICS
- Industrial Gas Manufacturing (32512), Electric Power Generation (22111)
- SIC
- Electrical Industrial Apparatus (3620)
- akta.pro primary industry
- Hydrogen (Industrial & Mobility) (IMAEACAB)
- akta.pro secondary industries
- Hydrogen & Derivative Fuels for Industry (H₂, Ammonia, Methanol) (EUABAJAC), Hydrogen Energy Storage & Power-to-X Equipment (electrolyzers, storage, fuel cell systems) (IMAGAHAM), Refinery Hydrogen & Utilities Systems (SMR/ATR, Steam, Power, Water) (EUALAGAI), Hydrogen Production Supply & Offtake (Green/Blue H2) for Utility Blending (EUAJAJAF)
Keywords
Where Hynamics is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices2 records
Markets served
Hynamics business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Hydrogen Production and Distribution: Hynamics designs, installs and operates hydrogen production stations and synthetic fuel plants. Revenue is generated through ownership and operation of hydrogen production assets, with electricity costs as primary input and hydrogen sales as output.
- Project Investment and Financing: Hynamics invests in hydrogen production and distribution assets through project companies whose capital can be opened to partners, providing deconsolidated investment opportunities for financial partners.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-specific pricing based on hydrogen production capacity and offtake agreements |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Hynamics product offering
Product offeringCore offering
Hynamics designs, installs, finances, and operates hydrogen production stations and synthetic fuel plants using water electrolysis powered by low-carbon electricity (nuclear and/or renewable). It delivers turnkey solutions to industrial clients and public authorities covering project feasibility, EPC construction, operation and maintenance with 24/7 remote monitoring, and serves industry decarbonization as well as heavy-duty mobility (buses, refuse vehicles, trains, ships, aircraft) and e-fuel production for aviation and maritime transport.
Product overview
Hynamics offers a turnkey integrated solution for low-carbon and renewable hydrogen production and distribution. The core offerings include hydrogen production stations for industry (electrolysers installed on industrial sites), hydrogen stations for mobility (supplying heavy-duty vehicles), and e-fuel production plants for aviation and maritime transport. These are supported by four service modules: project development, investor/financing, construction, and operation & maintenance. The company serves both industry clients and public/private mobility operators through a combination of own assets and project company structures.
Differentiator
Problem solved
Functional benefit
Products and services
- Hydrogen Production Stations for Industry
- Hydrogen Production and Distribution for Heavy-Duty Mobility
- E-Fuel Production (Take Kair)
- Project Development Service
- Investor / Financing Service
- Construction Service
- Operation & Maintenance Service
Quantifiable outcome
- Cannes Lérins Hydrogen prevents 3,228 tonnes of CO2 emissions per year
- +4 more outcomes
Companies that use Hynamics
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles3 records
Hynamics technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Hynamics partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- ESB (Electricity Supply Board)coreESB and Hynamics UK signed MOU for development of green hydrogen production facility at Port of Barry, Wales. Partnership aims to formalize contractual agreements for co-development of Barry Hydrogen Project, securing financing and development expertise. ESB brings 30+ years UK market presence and Net Zero by 2040 strategy.
- ExxonMobilcoreHynamics Fawley Green Hydrogen project aims to supply up to 120MW of green hydrogen via pipeline to ExxonMobil Fawley petrochemical complex, reducing emissions by up to 100,000 tonnes per annum.
- SEM Green Energy 06coreLocal public-private partnership (SEML) initiated by Alpes-Maritimes Department, holding 4% in Cannes Lérins Hydrogen project. Develops local renewable energy infrastructure.
- Communauté d'Agglomération Cannes Pays de Lérinscore25% shareholder in Cannes Lérins Hydrogen project company. Committed to decarbonizing Palm Bus public transport network with 41 hydrogen buses.
- LAT NitrogencorePartnership to decarbonize ammonia and fertilizer production at Ottmarsheim site. ABC Ottmarsheim project replaces fossil hydrogen with 7,000 tonnes/year of low-carbon hydrogen from electrolysis.
- AxenscorePartner with Hynamics and IFPEN for Take Kair e-kerosene production plant at Nantes Saint-Nazaire port. Axens provides conversion technology for synthetic fuel production.
- IFPEN (IFP Energies nouvelles)coreResearch and innovation partner for Take Kair project, providing expertise in energy transition and synthetic fuel production processes.
- HolcimcoreCO2 capture partner for Take Kair project. Provides captured CO2 from Saint-Pierre-La-Cour cement plant for conversion into e-kerosene with hydrogen from 200MW electrolyzer.
- ADF & RESATO ConsortiumcoreConstruction consortium for Cannes Lérins Hydrogen station, delivering production and distribution units under Hynamics' delegated project management.
- Communauté Urbaine de DunkerquecoreProject partner in SHYMED hydrogen station for Dunkerque. Committed to decarbonizing heavy mobility with 10 buses and 3 refuse collection vehicles.
- Associated British PortsminorOwner of Port of Barry site designated for Clean Growth Hub development for Barry Hydrogen Project in Wales.
- EDF Power SolutionscorePartnership with EDF Power Solutions and CORYS to revolutionize hydrogen process simulation, developing digital twins and training simulators.
Scale indicators8 records
Recent moves9 records
Expansion highlights6 records
Hynamics competitors and assessment
Company assessmentDirect peers
- Air Products: Industrial gases major investing heavily in green hydrogen mega-projects and hydrogen mobility infrastructure, including in Europe. Comparable to Hynamics in industrial H2 supply, mobility refueling, and e-fuel/ammonia value chains.
- McPhy Energy: France-based electrolyzer manufacturer and hydrogen station provider targeting industrial decarbonization and mobility. Comparable to Hynamics as a French-headquartered hydrogen player supplying both production technology and refueling/mobility solutions.
- Plug Power: US-listed hydrogen company focused on green hydrogen production, fuel cells, and mobility/refueling stations for material handling and heavy-duty transport. Comparable to Hynamics in electrolytic H2 and heavy-duty mobility use cases.
- ITM Power: UK-based PEM electrolyzer manufacturer and refueling station developer with projects across Europe for industrial and mobility applications. Comparable to Hynamics on green hydrogen production and heavy-duty refueling infrastructure, including in the UK market.
- Nel ASA: Norwegian electrolyzer manufacturer supplying PEM and alkaline systems for industrial and mobility hydrogen projects globally. Comparable to Hynamics as a hydrogen production technology supplier addressing the same industrial and heavy-mobility customers.
- Linde: Major industrial gases company with large-scale hydrogen production, green H2 project development, and hydrogen mobility refueling stations globally. Competes with Hynamics on industrial hydrogen supply and clean H2 projects for refineries/chemicals.
- H2V: French green hydrogen project developer building large electrolyzer plants for industrial and mobility offtake, with backing from Samfi Invest. Most direct French competitor to Hynamics on industrial-scale electrolytic H2 and has overlapping customer segments.
- Air Liquide: Global industrial gases leader producing and distributing hydrogen via pipelines and on-site electrolyzers to chemicals, refining, and mobility customers. Directly comparable to Hynamics in offering low-carbon/renewable hydrogen for industry and heavy mobility, and the largest incumbent competitor.
Broad incumbents
- Engie: Global utility with hydrogen and renewable gas strategies, including Storengy (where Hynamics' BD director previously led renewable H2). Comparable as a large incumbent utility-adjacent player developing low-carbon hydrogen for industry and mobility in Europe.
- EDF (Électricité de France): Parent company of Hynamics and a major European utility with nuclear and renewable generation supplying low-carbon electricity. Comparable to Hynamics via shared hydrogen strategy and EDF Pulse Croissance, but as a broad incumbent rather than a focused H2 developer.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Hynamics social profiles
Digital presenceHynamics financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hynamics leadership team
Management profileNumber of profiles
Profiles8 records
Hynamics subsidiaries and ownership
Company hierarchySubsidiaries2 records
Hynamics funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hynamics M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hynamics
What does Hynamics do?
Hynamics designs, installs, finances, and operates hydrogen production stations and synthetic fuel plants using water electrolysis powered by low-carbon electricity (nuclear and/or renewable). It delivers turnkey solutions to industrial clients and public authorities covering project feasibility, EPC construction, operation and maintenance with 24/7 remote monitoring, and serves industry decarbonization as well as heavy-duty mobility (buses, refuse vehicles, trains, ships, aircraft) and e-fuel production for aviation and maritime transport.
Is Hynamics a public or private company?
Hynamics is a private company. It is classified as corporate owned and is currently operating.
When was Hynamics founded?
Hynamics was founded in 2019. It employs 101 to 250 people.
Where is Hynamics based?
Hynamics is headquartered in Paris, France, in the Europe region.
How does Hynamics make money?
Two revenue lines are on record. Hydrogen Production and Distribution is the primary driver. The others are project Investment and Financing.
Who are Hynamics's main competitors?
Direct peers on record are Air Products, McPhy Energy, Plug Power, ITM Power, Nel ASA, Linde, H2V and Air Liquide. Broad incumbents are Engie and EDF (Électricité de France).
Does Hynamics have an API?
No public API is recorded for Hynamics.
What industry is Hynamics in?
Hynamics's product category is Hydrogen Production & Distribution. Its primary akta.pro industry code is IMAEACAB, Hydrogen (Industrial & Mobility), with a secondary code of EUABAJAC, Hydrogen & Derivative Fuels for Industry (H₂, Ammonia, Methanol). Its NAICS code is 32512 and its SIC code is 3620.