Hyrizeon and Etha Establish Joint Venture to Drive Large-Scale Green Hydrogen Development in Finland

The Swedish hydrogen technology company Hyrizeon AB and the Finnish renewable energy consulting company Etha Oy have entered into a strategic partnership to establish a joint venture, Hyrizeon Oy, targeting at the development of a 1 GW green hydrogen portfolio in Finland by 2027. The joint venture will be headquartered in Vaasa and is planned to commence operations in August 2025.

EU supports Etha’s development project aiming at building Transaction business

The aim of the development project NextGear is to build Etha Oy’s transaction advisory business as a key growth driver for 2024–2028. The project focuses on recruiting senior transaction expertise, building a dedicated team, and increasing market visibility. The goal is to achieve a leading market position in Finland and expand transaction services to Sweden and the Baltics.