H2 Energy Europe appoints Cyril Cabanes as CEO
Note: As of 29 October 2024, HE Energy Europe has rebranded to MorGen Energy. The content below reflects information prior to this change.
Zurich, 17 July 2024 – H2 Energy Europe, a developer of large-scale green hydrogen ecosystems majority-owned by Trafigura, today announced the appointment of Cyril Cabanes as Chief Executive Officer with effect from 5 August.
Cyril succeeds Julien Rolland, Head of Strategic Projects and Investments for Trafigura, who also served as Interim CEO for Trafigura investment H2 Energy Europe since late 2023, overseeing key projects and corporate strategy. Julien remains on the board of H2 Energy Europe as Chairman.
Cyril brings over 26 years’ experience in energy and infrastructure investment, with a strong track record in developments, acquisitions, portfolio management and capital raising.
His international experience spans roles in Asia-Pacific, Europe and the Middle East, where he successfully managed large portfolios and led high-profile infrastructure projects. His extensive board experience includes working in the renewables, utilities, transport, social infrastructure and natural resources sectors.
His previous roles include as Managing Director at global investment group CDPQ, Senior Vice President at Marubeni Asian Power and Director at RREEF Infrastructure (DWS). Cyril’s extensive expertise and leadership will be important to advance H2 Energy Europe’s strategic projects and growth plans in the green hydrogen sector.
Cyril Cabanes commented: “I am delighted to have been given the opportunity to help H2 Energy Europe develop its leadership position in the green hydrogen sector in Europe. Since its inception in 2021, the company has demonstrated its ability to build robust business cases for its projects and develop strong, trust-based relationships with its partners by leveraging the credibility and market strength of Trafigura. I look forward to contributing to turning these efforts into tangible successes that will have a meaningful impact on Europe’s energy transition”
Cyril holds a Master’s Degree in Business and Strategy from ESCP Business School, Paris and is an accredited company director from the Australian Institute of Company Directors.
ENDS
Notes for Editors:
Media Contacts:
MorGen Energy AG
Dirlene Lopez
Email: media@morgenenergy.com
About MorGen Energy
In 2020, Trafigura announced an investment in H2 Energy, forming a joint venture, H2 Energy Europe, to develop green hydrogen ecosystems across Europe. In October 2023, Trafigura became the majority owner of H2 Energy Europe. On 29 October 2024, H2 Energy Europe rebranded as MorGen Energy. MorGen Energy’s major projects covering different parts of the hydrogen value chain include working towards a final investment decision on a 1GW scale green hydrogen project in Esbjerg, Denmark converting offshore wind power and a 20MW green hydrogen project in Milford Haven, South Wales. MorGen Energy is working towards the roll out of a hydrogen filling station network with sites along major transport routes across Germany.
