AKD Partnersersersers advises Hy24 on its investment in Stormfisher Hydrogen

This transaction in North America further confirms our firm's ability to support its clients in achieving their strategic ambitions on the international stage. We are proud to support the world's leading private asset manager, dedicated to the hydrogen economy, committed to decarbonizing the economy and building a sustainable future, in line with our values and our goal to reduce our greenhouse gas emissions by 50% by 2030, to achieve carbon neutrality by 2040. AKD Partnersersersers is already reporting significant progress in decarbonization as part of a highly developed ESG strategy. �

 

Speakers:

Hy24 tips:

AKD Partnersersersers France with:

Fanny Combourieu (Partner and Managing Partner France), Thomas Guillier (Counsel) on tax structuring, Trevor Wong-Chor (Partner), Drew Young (Partner).

AKD Partnersersersers Canada with:

Trevor Wong-Chor (Partner), Maxime Lutz (Associate) and Elexa Clement (Associate) on the legal due diligence and legal aspects of the transaction. Kevin Fritz (Partner) and Prince Arora (Associate), on tax due diligence and tax structuring.

AKD Partnersersersers in the United States with:

Drew Young (Partner), Michael Madigan (Off Counsel) and Molly Mc Bride (Associate) on tax due diligence and tax structuring.

AKD Partnersersersers in Belgium with:

Daniel Colgan (Partner), Daniel Wojtczak (Senior Associate) on antitrust aspects.

About Hy24

Hy24 is the world's largest alternative investment fund manager for decarbonized hydrogen, dedicated entirely to the development of the global hydrogen economy. The Clean Hydrogen Infrastructure fund is managed by Hy24, a 50-50 joint venture between Ardian, a leading private investment firm, and FiveT Hydrogen, an investment firm specializing in clean hydrogen. It is the largest clean hydrogen infrastructure fund in the world. This is the result of the initiative of Air Liquide, TotalEnergies and VINCI Concessions, combined with that of Plug Power, Chart Industries and Baker Hughes, who shared the common objective of accelerating the development of the hydrogen sector. The fund is now operational with �2 billion in allocations. With strong industrial and financial expertise, Hy24 has the unique ability to accelerate the scale-up of hydrogen solutions across the entire value chain: production, conversion, storage, supply and use. Hy24 supports large, strategic and early-stage projects to become critical energy infrastructure. The infrastructure fund managed by Hy24 complies with Article 9 of the European Sustainability Disclosure Regulation (SFDR).

About Stormfisher Hydrogen

Stormfisher Hydrogen develops and operates facilities for the production of e-fuels with renewable electricity sources that produce green hydrogen and add value to the use of carbon dioxide from industrial sources. Stormfisher Hydrogen works for the benefit of industries whose decarbonization is complex: transport (maritime/aviation), heavy industry, and gas supply companies. Stormfisher Hydrogen also supports traditional methanol users looking for alternative clean fuel solutions to support their long-term decarbonization goals.