Trinity Capital provides $50M in equipment financing to Electric Hydrogen

Trinity Capital announced the commitment of $50M in equipment financing to Electric Hydrogen, a manufacturer of electrolyzer systems that produce green hydrogen for critical industries. In 2023, Electric Hydrogen completed a Series C equity raise of $380M, bringing the total capital raised by the company to more than $600M. The new equipment finance facility from Trinity is a key piece of the financing behind Electric Hydrogen’s gigafactory in Devens, MA which begins production in Q2.