Investment in Nordic Ren-Gas

Posted on

12 Dec

2022

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Cross-border:

Yes

Status:

Ongoing

We advised the anchor investor Ilkka Herlin in the Finnish green hydrogen and power-to-gas developer Nordic Ren-Gas in connection with the initial investment in 2021 and in connection with the announced minority investment by Allianz Capital Partners in Nordic Ren-Gas.

The power-to-gas production facilities to be developed by Nordic Ren-Gas will produce renewable synthetic methane from green hydrogen using renewable energy and carbon dioxide from district heating plants. CO2-free excess heat from the process is supplied to the district heating networks near the facilities.

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