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New Deal


Announced

Tree Energy Solutions and Fortescue Future Industries to form an joint venture.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Joint Venture

Friendly

Single Bidder

Australia

Belgium

Private

Germany

green energy

global green hydrogen

Alternative Fuels

Acquisition

Majority

Cross Border

Pending

Synopsis

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Tree Energy Solutions, a green hydrogen company, and Fortescue Future Industries, a global green energy company, to form an joint venture. TES is a global green hydrogen company supplying long term non-intermittent carbon-neutral energy on-demand at industrial scale. TES aims to accelerate the energy transition by unlocking the potential of existing global energy infrastructure to reach customers with green hydrogen, green gas and green power while accelerating the phase-out of fossil fuels from the energy system worldwide and adopting a circular carbon economy.

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