Gowling WLG's Energy Transition team recently advised HydrogenOne Capital Growth plc on the successful completion of a consolidation process by portfolio company HH2E AG, with the aim of establishing 4 GW of green hydrogen production in Germany by 2030. HH2E, a green energy company based in Germany, restructured to take full ownership of several project-specific Special Purpose Vehicles (SPVs) under its management, setting the stage for future growth. HydrogenOne maintained an 11% stake in HH2E post-consolidation, with Foresight Group becoming the majority shareholder. The legal team at Gowling WLG, led by Sian Dewing and partner Gareth Baker, facilitated this transaction, showcasing the firm's commitment to the renewable energy sector. The firm's Energy Transition team has a strong reputation in advising on renewable and clean energy transactions globally, including recent involvements with Brockwell, RNA-Energy Ltd, Pioneer, Perpetum Europe, and Sunfire GmbH. This transaction highlights the significant progress in the green hydrogen sector and the collaborative efforts of investors like HydrogenOne in driving growth and innovation. Gowling WLG's expertise and track record in energy transition technologies further solidify its position as a leading legal advisor in the renewables sector.