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New Deal


Announced

Alpiq to acquire a majority stake in P2X Solutions.

Financials

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

Tags

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green hydrogen

Finland

Alternative Fuels

Acquisition

Cross Border

Majority

Private

Pending

Single Bidder

Friendly

Synopsis

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Alpiq, a Swiss energy services provider and European electricity producer, agreed to acquire a majority stake in P2X Solutions, a Finnish forerunner of green hydrogen. Financial terms were not disclosed. “Alpiq is a significant European energy company, and we are very excited to partner with them. Establishing a strategic partnership with Alpiq substantially strengthens our position and ability to scale up our business. Furthermore, with Alpiq we can optimize our value chain of renewable electricity, green hydrogen and e-fuels,” Herkko Plit, P2X Solutions CEO.

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