CIP to acquire a 70% stake in IPCEI-funded hydrogen project from H2APEX for €15m.

CIP, a fund manager focused on greenfield energy infrastructure investments, agreed to acquire a 70% stake in IPCEI-funded hydrogen project from H2APEX, a German company specializing in the development and maintenance of CO2-neutral energy supply solutions, for €15m. “The strategic partnership with CIP is a milestone both for the development of our own hydrogen production capacities and for the entire H2APEX Group. We are delighted to have brought one of the world’s most financially strong infrastructure funds to Mecklenburg-Western Pomerania, bringing us a big step closer to the start of construction of our projects in Lubmin," Peter Rößner, H2APEX CEO.