Investment progress

Decarbonising Transport:

HYCAP's mission is to contribute to a more sustainable future by leading the transition to clean energy with our investments.?

Our portfolio includes innovative companies like Wrightbus, which has just secured a ￡64 million order from Translink to deliver 100 zero-emission electric buses for use across Northern Ireland. This milestone represents another significant step in decarbonising transport, a crucial sector for reducing greenhouse gas emissions.?

The Role of Electrification

Electrification, particularly through battery-electric buses, is essential for urban areas. Electric buses are efficient, produce zero tailpipe emissions, and improve air quality while reducing noise pollution.?Wrightbus’s electric buses are transforming public transport across the U.K.?and beyond?by offering clean, quiet, and reliable service. This investment will demonstrate the immediate benefits of electrification in dense urban settings.

The Importance of Hydrogen

Wrightbus manufacture both electric and hydrogen-powered zero-emission buses.?Hydrogen fuel cell technology complements electrification, especially for long-range and heavy-duty applications. Wrightbus’s hydrogen buses, already in service across the U.K. and now entering Europe, are ideal for longer routes and demanding conditions where battery-electric solutions may be less practical. Hydrogen fuel cells provide high energy density, enabling extended driving ranges without lengthy charging times, and nothing comes out of the exhaust pipe except water vapour. Hydrogen, produced using renewable energy, helps balance the grid and store excess energy, making it a versatile fuel that compliments electrification efforts.

The ￡64 million order for Wrightbus’s electric buses is another great step towards a zero-emission future. As we continue to support advancements in hydrogen, electrification, and other technologies with our portfolio, we can all envision a greener future.