GeoPura Scores Major Green Hydrogen Boost with EIFO and Barclays

England, Tuesday, 7 October 2025.
GeoPura secures a £27 million loan backed by EIFO and Barclays to produce green hydrogen in the UK. This funding supports a pivotal shift from diesel to clean hydrogen power.
Barclays and EIFO’s Financial Support
The collaboration between Barclays and the Export and Investment Fund of Denmark (EIFO) has resulted in a substantial £27 million green loan facility for GeoPura. A significant portion of this, £16.5 million, is guaranteed by EIFO, underscoring their commitment to fostering sustainable energy solutions [6][7].
Transforming Energy at HyMarnham
GeoPura’s HyMarnham Power project is at the heart of this financial boost. Located at a former coal-fired power station in Lincoln’s East Midlands, the site is set to become a beacon of clean energy, replacing diesel generators with hydrogen power units. This transformation is part of the UK Government’s Hydrogen Allocation Round 1 (HAR1) initiative [2][6].
GeoPura’s Strategic Expansion
The funding not only supports GeoPura’s UK operations but also facilitates the establishment of a Danish entity. This new hub in Denmark will focus on electrolyser maintenance and support, expanding GeoPura’s influence across Europe. The strategic move is enabled through EIFO’s guarantee, further supporting the clean energy transition [1][6].
EIFO’s First Power-to-X Guarantee
This project marks EIFO’s first venture into providing a Power-to-X guarantee internationally, beyond their traditional focus on offshore wind. By stepping into the green hydrogen space, EIFO aims to leverage their experience and expand their role in the UK’s clean energy market [2][6].
A Vision for the Future
GeoPura’s CEO, Andrew Cunningham, expressed enthusiasm about the partnership with EIFO and Barclays, highlighting the importance of such collaborations in achieving large-scale clean energy transitions. The initiative demonstrates how strategic frameworks and financial backing can turn green hydrogen from a concept into reality [6][7].