Paris\/Frankfurt \u2014 Bird & Bird LLP has advi\u00adsed French inves\u00adtors Hy24 and Mirova on the acqui\u00adsi\u00adtion of stakes in German Hy2gen AG, a pionee\u00adring green hydro\u00adgen company. The record invest\u00adment of EUR 200 million is the largest private capi\u00adtal increase in the green hydro\u00adgen sector to date and is provi\u00added by Hy24 and Mirova toge\u00adther with Caisse de d\u00e9p\u00f4t et place\u00adment du Qu\u00e9bec (CDPQ) and stra\u00adte\u00adgic inves\u00adtor Tech\u00adnip Energies.<\/p>\n
Hy24, a joint venture between Ardian, a leading global private invest\u00adment firm, and FiveT Hydro\u00adgen<\/strong>, an invest\u00adment mana\u00adger focu\u00adsed exclu\u00adsi\u00advely on clean hydro\u00adgen invest\u00adments, is the worl\u00add\u2019s largest clean hydro\u00adgen infra\u00adstruc\u00adture plat\u00adform<\/strong>. Mirova is a subsi\u00addiary of Nati\u00adxis Invest\u00adment Mana\u00adgers that focu\u00adses on sustainable investments.<\/p>\n Hy2gen AG, based in Wies\u00adba\u00adden, Germany, deve\u00adlops, finan\u00adces, builds and opera\u00adtes plants world\u00adwide for the produc\u00adtion of green hydro\u00adgen and hydro\u00adgen-based e\u2011fuels. These products are used to create carbon-neutral and compe\u00adti\u00adtive fuels and indus\u00adtrial solu\u00adti\u00adons. The capi\u00adtal from this finan\u00adcing round will be used to build faci\u00adli\u00adties in seve\u00adral count\u00adries that produce green hydro\u00adgen-based fuels, or \u201ce\u2011fuels,\u201d for marine, land trans\u00adpor\u00adta\u00adtion, avia\u00adtion and indus\u00adtrial appli\u00adca\u00adti\u00adons. In southern France, the company foun\u00added by Cyril Dufau-Sansot has been opera\u00adting a produc\u00adtion faci\u00adlity for Sustainable Avia\u00adtion Fuels (SAF, Hynovera project) since Octo\u00adber 2021. The fresh capi\u00adtal is to be used to open up many more loca\u00adti\u00adons \u2014 for exam\u00adple in Canada and Norway.<\/p>\n Advi\u00adsors Hy24 and Mirova: Bird & Bird<\/strong> Nomura Green\u00adtech<\/strong> acted as exclu\u00adsive finan\u00adcial advi\u00adsor to Hy2gen. About Bird & Bird<\/strong> Paris\/Frankfurt \u2014 Bird & Bird LLP has advi\u00adsed French inves\u00adtors Hy24 and Mirova on the acqui\u00adsi\u00adtion of stakes in German Hy2gen AG, a pionee\u00adring green hydro\u00adgen company. The record invest\u00adment of EUR 200 million is the largest private capi\u00adtal increase in the green hydro\u00adgen sector to date and is provi\u00added by Hy24 and Mirova together [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":39478,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1367,1368,1369,1372],"tags":[],"class_list":["post-40162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-lawyers-tax-advisors-auditors-en","category-lawyers-tax-consultants-auditors","category-investors","category-consultant"],"yoast_head":"\n
\nPart\u00adner Sibylle Weiler, Lead (Finance & Energy, Head of the inter\u00adna\u00adtio\u00adnal Bird & Bird Hydro\u00adgen Group and coun\u00adsel in France and Germany), Coun\u00adsel Olivier Fazio (Due Dili\u00adgence and leading multi\u00adju\u00adris\u00addic\u00adtional legal due dili\u00adgence, to review projects in France, Germany, Norway and Canada), Part\u00adner Xavier Leroux (Corpo\u00adrate), all Paris.
\nThe German team consis\u00adted of the part\u00adners Dr. Hans Peter Leube, LL.M. (Corporate\/M&A, Frank\u00adfurt), Dr. Marc Seeger (Corporate\/M&A), Dr. Matthias Lang (Energy) and Dr. Stephan Wald\u00adheim (Anti\u00adtrust, all D\u00fcssel\u00addorf) as well as Coun\u00adsel Dr. Chris\u00adtina Lorenz (Corporate\/M&A, Munich) and Asso\u00adcia\u00adtes Jan Medele, Felix Spind\u00adler (both Corporate\/M&A), Anja Holter\u00admann (Energy) and Tamy Tietze (Anti\u00adtrust, all D\u00fcsseldorf).<\/p>\n
\n Soci\u00e9t\u00e9 G\u00e9n\u00e9\u00adrale<\/strong> acted as exclu\u00adsive finan\u00adcial advi\u00adsor to Hy24 and Mirova.
\nLegal advi\u00adsors included Baker Tilly<\/strong> on behalf of Hy2gen, Bird & Bird<\/strong> on behalf of Hy24 and Mirova, Jones Day<\/strong> on behalf of CDPQ and Clif\u00adford Chance<\/strong> on behalf of Tech\u00adnip Energies.<\/p>\n
\nBird & Bird is a leading inter\u00adna\u00adtio\u00adnal law firm with more than 1,400 lawy\u00aders in 30 offices in 21 count\u00adries in Europe, Africa, the Middle East, Asia Paci\u00adfic and North America. In Germany, we are repre\u00adsen\u00adted by more than 250 lawy\u00aders in D\u00fcssel\u00addorf, Frank\u00adfurt, Hamburg and Munich. We focus our consul\u00adting in parti\u00adcu\u00adlar on indus\u00adtrial sectors that are deve\u00adlo\u00adping new tech\u00adno\u00adlo\u00adgies and helping to shape digi\u00adta\u00adliza\u00adtion. www.twobirds.com.<\/p>\n","protected":false},"excerpt":{"rendered":"