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CHARBONE Hydrogen’s acquisition of a hydroelectric power plant in the United States

Fasken
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Overview

Client

CHARBONE Hydrogen

CHARBONE Hydrogen has acquired Wolf River Hydro Limited Partnership.

CHARBONE is a Canadian green hydrogen business based in North America that focuses on developing modular and expandable hydrogen facilities. As part of this strategy, it acquired the Wolf River Hydro Limited Partnership hydroelectric power plant in Wisconsin, United States.

Through the acquisition of hydroelectric power plants in the United States and Canada, CHARBONE aims to produce green dihydrogen molecules using reliable and sustainable energy in order to become a leader in environmentally friendly solutions for industrial and commercial businesses.

Fasken advised CHARBONE Hydrogen on this acquisition with a team composed of André Turmel, Antonella Penta and Catherine Decoste-Mahseredjian.

Jurisdiction

  • United States

Team

  • André Turmel, Partner, Montréal, QC, +1 514 397 5141, aturmel@fasken.com
  • Antonella Penta, Partner, Montréal, QC, +1 514 397 4357, apenta@fasken.com
  • Catherine Decoste-Mahseredjian, Associate, Montréal, QC, +1 514 397 7658, cdecoste@fasken.com