Air Liquide and Groupe ADP announce their ambition to create the first joint venture to support hydrogen infrastructure development at airports

PARIS–(BUSINESS WIRE)–Regulation news:

With this project to create the first technical joint venture specializing in supporting airports in their projects to integrate hydrogen into their infrastructure, Air Liquide has (Paris:AI) and Groupe ADP are strengthening their cooperation. This announcement follows a memorandum of understanding signed in 2021 regarding feasibility studies to support the arrival of hydrogen aircraft. This partnership project reflects the shared ambition of the two groups to prepare from today for the introduction of a zero-carbon global aviation.

The joint venture’s mission, which is owned 50-50 by the two groups, is to provide a range of services and engineering in France and internationally to support airports in their transition to hydrogen. Taking into account the objective of deploying the first hydrogen-powered aircraft by 2035, the organization of airports should be reconsidered today, in particular to integrate the problem of liquid hydrogen supply and to allow other forms of mobility on the ground, whether heavy mobility vehicles or runways.

The service offering will be able to meet all the challenges of the integration of hydrogen for airports:

  • Estimation of the required amounts of hydrogen over time,

  • Optimal organization of the hydrogen supply chain according to the specificities of the airport and territory,

  • Dimensioning and pre-implementation of the required hydrogen infrastructure at the airport,

  • Preliminary safety studies,

  • Cost studies and definitions of investment roadmaps,

  • Research into carbon impact…

The two groups had entered into a first partnership in 2021, in collaboration with Airbus, to conduct a one-year study on the configurations of 30 airports around the world, in particular the airports of Paris-Charles de Gaulle and Paris- Orly. Preliminary studies have demonstrated the relevance of hydrogen for aviation decarbonisation, by identifying different production and distribution schemes that can be integrated into airport infrastructure. Air Liquide and Groupe ADP have thus developed a unique expertise in the dimensioning and pre-installation of infrastructures to support the necessary transformation of airports.

As part of this joint venture1, Air Liquide will bring its hydrogen expertise from production through electrolysis, liquefaction, storage to the distribution of hydrogen for aircraft. Groupe ADP will contribute its expertise in airport engineering, as well as its know-how in airport operations.

Matthew Giard, Vice Chairman, Air Liquide Executive Committee Member and Director of Hydrogen Operations, stated: Hydrogen is necessary for a successful energy transition and the studies we conducted with Groupe ADP over the past year confirm the major contribution this molecule can make to the decarbonisation of the airport sector. Airports should be ready by 2035 to welcome hydrogen-powered aircraft, thus fostering the emergence of a hydrogen mobility ecosystem in the broadest sense. That is why we now have to work on setting up the corresponding infrastructure. To this end, Air Liquide and Groupe ADP plan to create the first joint venture specializing in this field, based on our first collaboration and the complementary expertise of the two groups. In line with our commitments, our ambition is to actively contribute to the development of a low-carbon society

Edward Arkwright, Executive Managing Director of Groupe ADP, said : The creation of this joint venture is an obvious step after the study carried out last year together with Air Liquide to see the emergence, from 2023, of the first use cases in the field of hydrogen technologies at our Paris-Charles de Gaulle and Paris-Orly airports. Our partnership with Air Liquide is a long-term partnership and is based on our complementary expertise: the hydrogen supply chain for Air Liquide and the development and operation of airports for Groupe ADP

About Air Liquide

Air Liquide is a global leader in gases, technologies and services for industry and health. The Group is present in 75 countries with 66,400 employees and serves more than 3.8 million customers and patients. Oxygen, nitrogen and hydrogen are small molecules that are essential for life, matter and energy. They embody Air Liquide’s scientific field and have been at the heart of the Group’s activities since its foundation in 1902.

Acting in the present and preparing for the future is at the heart of Air Liquide’s strategy. With its ADVANCE strategic plan for 2025, Air Liquide is on track for global performance, combining financial and non-financial dimensions. Positioned in the markets of the future, the Group benefits from powerful assets such as its economic model that combines resilience and solidity, its innovative capacity and its technological expertise. The Group develops solutions in favor of the climate and energy transition – with hydrogen in particular – and is committed to advances in health, digital and advanced technology.

Air Liquide’s turnover in 2021 amounted to more than 23 billion euros. Air Liquide is listed on the Euronext Paris stock exchange (compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX indices 50 and FTSE4Good.

About Groupe ADP

Groupe ADP develops and operates airport platforms including Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget. In 2021, under the Paris Aéroport brand, the group welcomed 41.9 million passengers at Paris-Charles de Gaulle and Paris-Orly, 2.1 million tons of freight and mail and nearly 118.1 million passengers at through-airports operated abroad . Benefiting from an exceptional geographical location and a strong catchment area, the group is pursuing a strategy to develop its reception capacity and improve the quality of its services, and plans to develop retail and real estate. In 2021, the group turnover amounted to 2,777 million euros and the net result, group share, amounted to -248 million euros.

Aéroports de Paris SA with a capital of EUR 296,881,806. Headquarters: 1 rue de France, Tremblay-en-France 93290. RCS Bobigny 552 016 628. groupeadp.fr

1 lhas formation of the joint venture between Air Liquide and Groupe ADP remains subject to the completion of appropriate contractual documentation and, inter alia and if necessary, to obtaining the consent of the relevant competition authorities

contacts

AIR LIQUID CONTACTS

Communication management:
media@airliquide.com

Investor Relations:
IRTeam@airliquide.com

ADP GROUP CONTACTS

Press contacts:
Lola Bourget +33 (0)1 74 25 23 23

Investor Relations:
Cecile Combeau, Eliott Rocho

+33 1 74 25 31 33 – invest@adp.fr

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