Air Liquide and Groupe ADP Announce Their Ambition to Create the First Joint Venture to Facilitate the Development of Hydrogen Infrastructure at Airports
June 15 2022 - 2:48AM
Business Wire
Regulatory News:
With this ambition of creating the first engineering joint
venture dedicated to accompanying airports in their project to
integrate hydrogen in their infrastructure, Air Liquide
(Paris:AI) and Groupe ADP are strengthening their
collaboration. This announcement follows a memorandum of
understanding signed in 2021 to carry out feasibility studies to
accompany the arrival of hydrogen-powered aircraft. This
partnership project demonstrates the Groups’ shared ambition to act
now to pave the way for decarbonized air transport
worldwide.
The purpose of this 50:50 joint venture will be to provide
airports in France and across the world with the engineering and
services they will need in their transition to hydrogen. As the
first hydrogen-powered commercial aircrafts are expected by 2035,
airports need to start reconsidering their infrastructure as of
today. In particular, they must look at how liquid hydrogen will be
supplied and how it can also serve other ground mobility usages,
notably heavy duty mobility or light ground support equipment.
The services provided will allow airports to meet all the
challenges they will face to integrate hydrogen, including:
- Estimated volumes of hydrogen required over time;
- The optimal hydrogen supply chain based on the airport’s
specific characteristics and location;
- Scope and pre-installation work for the hydrogen infrastructure
required at the airport;
- Preliminary safety studies;
- Cost studies and investment road maps;
- Carbon impact assessments...
In 2021, Air Liquide and Groupe ADP initiated a first
collaboration, together with Airbus, to carry out a year-long study
into the configurations of 30 airports worldwide, with a particular
focus on Paris-Charles de Gaulle and Paris-Orly. Preliminary
studies confirmed hydrogen’s potential to decarbonize aviation,
identifying several production and supply chain patterns that can
be integrated in airport infrastructures. Thanks to this
cooperation, Air Liquide and Groupe ADP have developed unique
expertise in the infrastructure sizing and pre-implementation
phases that will be required at airports for this
transformation.
Air Liquide will bring to the joint venture1 its expertise in
hydrogen, from production through electrolysis, liquefaction,
storage to the distribution of hydrogen to aircraft. Groupe ADP
will contribute its expertise in airport engineering and knowhow in
airport operations.
Matthieu Giard, Vice President, member of the Air Liquide
Executive Committee notably supervising hydrogen activities, said:
“ Hydrogen is necessary to tackle the challenge of the energy
transition. Studies carried out with Groupe ADP over the last year
have confirmed hydrogen can have a major contribution to
decarbonize the airport sector. Airports have to be ready
for hydrogen-powered aircrafts by 2035, and to foster the emergence
of a hydrogen mobility ecosystem at large. This is why now is the
time to work on adapting infrastructures. Air Liquide and Groupe
ADP therefore project to create the first joint venture specialized
in this field, building on our initial collaboration and pooling
the complementary expertise of our two Groups. In line with our
commitments, our ambition is to actively contribute to the
emergence of a low-carbon society.”
Edward Arkwright, Groupe ADP Deputy Chief Executive
Officer, said: “Having worked together with Air Liquide to
produce studies over the past year, this joint venture was a
logical next step. With it, we expect to have the first
ground-based hydrogen technology use cases in place at
Paris-Charles de Gaulle and Paris-Orly airports in 2023. Our
collaboration with Air Liquide is a long-term one and is based on
the complementarity of our respective expertises : the hydrogen
supply chain for Air Liquide and airport infrastructure and
operations for Groupe ADP.”
About Air Liquide
A world leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 75 countries with
approximately 66,400 employees and serves more than 3.8 million
customers and patients. Oxygen, nitrogen and hydrogen are essential
small molecules for life, matter and energy. They embody Air
Liquide’s scientific territory and have been at the core of the
company’s activities since its creation in 1902.
Taking action today while preparing the future is at the heart
of Air Liquide’s strategy. With ADVANCE, its strategic plan for
2025, Air Liquide is targeting a global performance, combining
financial and extra-financial dimensions. Positioned on new
markets, the Group benefits from major assets such as its business
model combining resilience and strength, its ability to innovate
and its technological expertise. The Group develops solutions
contributing to climate and the energy transition—particularly with
hydrogen—and takes action to progress in areas of healthcare,
digital and high technologies.
Air Liquide’s revenue amounted to more than 23 billion euros in
2021. Air Liquide is listed on the Euronext Paris stock exchange
(compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX
50 and FTSE4Good indexes.
About Groupe ADP
Groupe ADP develops and manages airports, including
Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget. In 2021,
the group handled through its brand Paris Aéroport more than 41.9
million passengers and 2.1 million metric tons of freight and mail
at Paris-Charles de Gaulle and Paris-Orly, and more than 118.1
million passengers in airports abroad. Boasting an exceptional
geographic location and a major catchment area, the Group is
pursuing its strategy of adapting and modernizing its terminal
facilities and upgrading quality of services; the group also
intends to develop its retail and real estate businesses. In 2021,
group revenue stood at €2,777 million and net income at -€248
million
Registered office: 1, rue de France, 93 290 Tremblay-en-France.
Aéroports de Paris is a public limited company (Société Anonyme)
with share capital of €296,881,806. Registered in the Bobigny Trade
and Company Register under no. 552 016 628.
1 The creation of the joint venture between Air Liquide and
Groupe ADP remains subject to the finalization of the appropriate
contractual documentation and, among other things and as necessary,
to obtaining the approval from the relevant competition
authorities.
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AIR LIQUIDE CONTACTS
Media Relations: media@airliquide.com
Investor Relations: IRTeam@airliquide.com
GROUPE ADP CONTACTS
Press Service: Lola Bourget +33 (0)1 74 25 23 23
Investor Relations: Cécile Combeau, Eliott Roch +33 1 74
25 31 33 - invest@adp.fr
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