Berlin, 19 May 2022 - Raue comprehensively advised the Hamburg-based hydrogen company HH2E AG on an equity financing. With HydrogenOne and Foresight, two private equity investors are taking a stake in the green energy company HH2E. The HH2E founders and board members retain the majority of the shares.

The two new investors HydrogenOne and Foresight have also concluded a framework agreement on direct co-investments in HH2E projects with HH2E and will provide a substantial part of the development and construction capital for five major projects. These large-scale projects with total costs of more than 500 million euros are to be realised at industrial sites throughout Germany. The aim is to supply industrial companies on a large scale with green, climate-neutral hydrogen produced on site. The agreed investment plan of 2.7 billion euros is intended to enable HH2E to become one of the largest producers of green hydrogen in Germany.

Raue comprehensively advised HH2E on the financing round as well as on the conclusion of the framework agreement for the future project financing with the two investors HydrogenOne and Foresight.

About HH2E
HH2E is a new green-energy company in Germany founded to promote immediate change to renewable energy sources. Its technology-mix works to transform a variable input of sun or wind energy into a constant flow of price-competitive green Hydrogen, Heat and carbon-free Electricity, to supply local industries and municipalities.

Advisor to HH2E AG, Hamburg
Raue, Berlin: Prof. Dr. Andreas Nelle (Partner, Lead, Corporate/M&A, PE/VC), Dr. Michael Gläsner (Counsel, Corporate/M&A, PE/VC), Louise Fußy (Senior Associate, Corporate/ M&A), Dr. Peter Roegele (Counsel, Energy, financial regulation), Dr. Stephan Bernhard Koch (Partner, Corporate/M&A), Hendrik Witsch (Associate, Corporate/M&A, PE/VC).