HydrogenOne's Investment Adviser Acquisition by Cordiant: A Strategic Move for Growth
Key Ideas
  • HydrogenOne's Investment Adviser, HydrogenOne Capital LLP, has signed a deal to sell its business to Cordiant, a global infrastructure manager, aiming to enhance market access and capabilities.
  • The Transaction, subject to regulatory approvals in early 2025, will lead to a name change to Cordiant HydrogenOne plc, ensuring continuity in management and operations.
  • Cordiant's area of expertise in infrastructure investment aligns with HydrogenOne's focus on clean hydrogen, providing a strategic advantage for growth and shareholder value.
  • Both companies aim to accelerate hydrogen infrastructure development, leveraging Cordiant's global investment capabilities with HydrogenOne's technical knowledge in the hydrogen value chain.
HydrogenOne Capital Growth plc, the first London-listed fund investing in clean hydrogen, has announced the acquisition of its investment adviser, HydrogenOne Capital LLP, by Cordiant Capital Inc. This strategic move is aimed at expanding the Company's market access and capabilities. The Transaction, expected to be finalized in early 2025, will result in the Company changing its name to Cordiant HydrogenOne plc while ensuring no changes to the existing management team. Cordiant's expertise in infrastructure investment, particularly in energy transition infrastructure, aligns with HydrogenOne's goals in the hydrogen sector. The partnership is seen as a strategic positioning to drive growth and maximize shareholder value. The Investment Adviser and Cordiant project that this collaboration will unlock substantial opportunities in hydrogen infrastructure development, benefiting from enhanced resources and broader market access. Cordiant's experience in managing UK listed funds and HydrogenOne's specialization in hydrogen technology create a synergy to accelerate the long-term economic potential within the hydrogen sector. The announcement has been positively received, with HydrogenOne's Chairman expressing support for the Transaction as a way to drive future development. Cordiant's Managing Partner also highlighted the value of combining global investment capabilities with deep technical knowledge in the hydrogen value chain. Moreover, an investor webinar is scheduled to provide further details on the Transaction, emphasizing the commitment to transparency and stakeholder communication.
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