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New Deal


Announced

Completed

Hy24, Mirova, CDPQ and Technip Energies led a $226m round in Hy2gen.

Financials

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Transaction Value£166m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Alternative Fuels

Minority

Completed

Single Bidder

green energy

Private

hydroponics

Friendly

Germany

Venture Capital

Private Equity

Cross Border

Acquisition

Synopsis

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Hy24, Mirova, CDPQ and Technip Energies led a $226m round in Hy2gen, a green hydrogen investment platform. The capital will be used for the construction of facilities in several geographies including Europe, producing green hydrogen-based fuels - or “e-fuels” - for maritime and ground transport, aviation and industrial applications. "As early as 2021, we were looking for the best possible combination of financial and strategic investors to build e-fuel production facilities. These have the potential to decarbonise entire industries and transport sectors. We are now very pleased that all parties have sealed the largest investment in this segment," Cyril Dufau-Sansot, Hy2gen CEO.

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