Hy24, a leading private asset manager in the hydrogen economy, has invested EUR50 million from its Clean H2 Infra Fund into Stormfisher Hydrogen, a Canadian developer of clean fuels operating in the US and Canada. The investment aims to accelerate the deployment of clean fuel production projects, including sites in North America with a total renewable capacity of up to 1.8 GW by 2030. This move signifies Hy24's direct entry into the North American market, supporting the development of clean fuel production and potentially expanding to European and Asian markets. DLA Piper, a global law firm, played a crucial role in facilitating the transaction, with teams from France, Canada, the United States, and Belgium involved in tax structuring, legal due diligence, and other aspects. The cooperation highlights DLA Piper's capability to support international strategic investments. Hy24, managed by a joint venture between Ardian and FiveT Hydrogen, focuses on decarbonized hydrogen investments to promote the hydrogen economy globally. On the other hand, Stormfisher Hydrogen specializes in e-fuels production using renewable energy sources like green hydrogen, targeting industries such as transport, heavy industry, and gas supply with decarbonization solutions. The collaboration between Hy24 and Stormfisher Hydrogen reflects a shared commitment to decarbonization and sustainable energy solutions. It aligns with DLA Piper's own environmental goals, showcasing a collective effort to advance clean energy projects and contribute to a more sustainable future.