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RCL 2021 Summer Internship programme – Hydrogen technology

RCL Associates’ summer internship programme for 2021 drew to a close with a project by intern Hauk Hofseth focused on Hydrogen technology.



Hauk, a recent graduate from King’s College London with a degree in Politics, Philosophy and Economics, who was also the President of King’s ‘Private Equity Club’, completed his week long internship remotely from home in Norway. His project involved producing a research paper providing an introduction to hydrogen, an overview of the existing global market and then insights into the benefits and risks of investing into hydrogen related businesses at present. At the end of the internship Hauk presented his findings to the RCL Investment team and fielded a range of questions.


Paul Faulkner, Chief of Staff at RCL, said,

“Hauk produced an excellent paper, providing a thorough overview into the fast developing hydrogen sector. As with all our internship projects at RCL, we aim to set challenging topics for the interns which focus on subject that our investment team, and people across the wider business, are starting to play close attention to, so that the programme not only provides some valuable experience for the intern but also adds value and knowledge to our core business.
As Hauk highlighted, hydrogen is energy dense, sustainable and the most prevalent substance in the universe, and as the technology around hydrogen develops it seems ever likely that it will play an increasingly important role in a range of sectors and is something our team are paying close attention to from a future investment perspective.”

In total, three cohorts of interns have spent time with the RCL team over the summer, as part of the organisation’s commitment to offering students practical career development opportunities. Details on plans for 2022 summer internships will be confirmed in the new year.


For more information please contact Paul Faulkner – paul.faulkner@rclpartners.co.uk