Cases & Deals

CDPQ participates in record investment in Hy2gen

Clients Caisse de dépôt et placement du Québec

Jones Day advised Caisse de dépôt et placement du Québec (CDPQ) on its participation in the record €200 million investment in green hydrogen pioneer Hy2gen AG, the world’s largest private investment in green hydrogen to date.

Hy2gen, founded in 2017, is a pioneer in the electrolysis of green hydrogen and its derivatives. The company is one of the leading players in the green hydrogen industry, with 880MW in planning and construction and a further 12GW of projects in development. The capital will be used for the construction of facilities in several geographies including Europe, producing green hydrogen-based fuels for maritime and ground transport, aviation and industrial applications.