Helios Aragon Acquires British Natural Hydrogen Company, Expands Global Portfolio
Key Ideas
- Helios Aragon acquires Helium Resources Limited, a British natural hydrogen and helium mining company, to expand its global portfolio.
- The Monzon Natural Hydrogen Project in Spain, operated by Helios Aragon, was recognized as being of regional interest by the Government of Aragon in 2023.
- HRL, with its focus on natural hydrogen and helium exploration in the UK, provides Helios Aragon with significant potential for growth in the natural resources sector.
- Squire Patton Boggs Madrid team, including Ramón Castilla, Antonio Bañón, and Laura Gómez, advised Helios on the acquisition and international development of their projects.
Helios Aragon, a prominent player in the European natural hydrogen industry and operator of the Monzon Natural Hydrogen Project in Spain, has acquired Helium Resources Limited (HRL), a UK-based company specializing in natural hydrogen and helium mining. The acquisition is part of Helios Aragon's strategy to enhance its global portfolio of natural hydrogen and helium projects. HRL, having conducted extensive exploration in the UK, has identified promising opportunities for both natural hydrogen and helium extraction. The Government of Aragon's recognition of the Monzon project's regional importance further underscores the potential of Helios Aragon's ventures. The legal advisory support provided by the Squire Patton Boggs Madrid team has been instrumental in facilitating the acquisition and subsequent international development efforts of Helios Aragon in the natural resources sector.