Hy24, the leading private asset manager focusing on the hydrogen economy, has invested EUR50 million in Stormfisher Hydrogen, a Canadian developer and producer of clean fuels. This investment aims to expedite the deployment of clean fuel production projects in North America, including multiple sites in the US and Canada with a total renewable capacity of up to 1.8 GW by 2030. DLA Piper, a prominent law firm, advised on the transaction, indicating international support for clean energy ventures. Hy24's strategic expansion into the North American market will not only boost clean fuel production but also facilitate Stormfisher Hydrogen's ambitions to export to European and Asian markets. The tax structuring aspects of the investment were overseen by Fanny Combourieu, a partner at DLA Piper in Paris. This transaction strengthens DLA Piper's track record in supporting clients with international investments in clean energy projects. Hy24's commitment to decarbonizing the economy and building a sustainable future is evident through its partnership with Stormfisher Hydrogen. The investment aligns with Hy24's goal to reduce greenhouse gas emissions by 50% by 2030 and achieve carbon neutrality by 2040. This move reinforces DLA Piper's dedication to decarbonization and its robust ESG strategy.