Announced
Financials
Tags
De-SPAC
Cross Border
Spain
Private
Friendly
Majority
Pending
Acquisition
Alternative Fuels
Single Bidder
green hydrogen
Merger
Synopsis
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.
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