.
MergerLinks Header Logo

New Deal


Announced

H2B2 Electrolysis Technologies to go public via a SPAC merger with RMG Acquisition III in a $750m deal.

Financials

Edit Data
Transaction Value£600m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

De-SPAC

Cross Border

Spain

Private

Friendly

Majority

Pending

Acquisition

Alternative Fuels

Single Bidder

green hydrogen

Merger

Synopsis

Edit

H2B2 Electrolysis Technologies, a global green hydrogen platform that provides bespoke integrated solutions across the hydrogen value chain, agreed to go public via a SPAC merger with RMG Acquisition III, a publicly-traded special purpose acquisition company, in a $750m deal. “With the operations that we have underway, we are seeking to strengthen not only the international business that we are currently developing, but our operational capacity worldwide. The business and technological development of H2B2 will be bolstered as a result of this transaction with RMG III, thus making the energy vector of hydrogen key to decarbonization,” Anselmo Andrade, H2B2 CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US