HydrogenOne Capital Growth (ticker: HGEN) joined the London market in July 2021, raising £107m that included a £25m cornerstone investment from INEOS Energy. Its shares were initially strongly rated and HGEN raised a further £21.5m from investors in April 2022. Over the past year, its shares have suffered the same fate as many other specialist trusts and have sunk to a large discount as investors turned their backs on highly-rated growth stocks. HGEN seeks 'clean hydrogen' investments and is targeting annual returns of between 10 and 15%. Right now, it has a very concentrated portfolio of ten ...
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