Browne Jacobson’s specialist cleantech lawyers have advised AIM listed Clean Power Hydrogen Group Limited (CPH2) on its licence agreement with Bentec GmbH, a member of the Kenera business of the KCA Deutag Group. Kenera will manufacture CPH2’s unique membrane-free electrolysers from its facility in Bad Bentheim, Germany.
Browne Jacobson’s specialist cleantech lawyers have advised AIM listed Clean Power Hydrogen Group Limited (CPH2) on its licence agreement with Bentec GmbH, a member of the Kenera business of the KCA Deutag Group. Kenera will manufacture CPH2’s unique membrane-free electrolysers from its facility in Bad Bentheim, Germany.
The deal will also provide Kenera with a licence to sell CPH2’s patented electrolysers in Germany, Scotland, Azerbaijan, Denmark and Norway, as well as specified countries the Middle East.
CPH2’s simple, safe and sustainable technology is designed to deliver a modular solution to the green hydrogen production market in a cost-effective, scalable, reliable and long-lasting manner. Browne Jacobson has advised Clean Power Hydrogen on numerous deals, including its ground breaking project with Northern Ireland Water and its admission to trade on AIM stock market.
Scotland headquartered Kenera, which is part of KCA Deutag Group specialises in the provision of innovative energy solutions and products to the hydrocarbon and renewable energy sector.
Browne Jacobson partner Nick Smee and associate Jess Johnson advised CPH2 on the deal.
Nick said: “We are pleased to have been involved in what is another exciting deal for CPH2 and to have further bolstered our reputation in the hydrogen and clean tech sector.
“CPH2’s partnering with Kenera allows them to monopolise the clean power space across the wider European market, and push into the Middle East with its ground-breaking electrolyser product.”
Jon Duffy, Chief Executive Officer of CPH2, commented "We are delighted to enter into this agreement with Kenera, whose parent company, KCA Deutag, is not only an investor in CPH2 but is also one of the leading energy sector manufacturing businesses in the world, adding valuable and immediate manufacturing capacity.
“I also want to thank the excellent work of the Browne Jacobson team on this project, whose in-depth knowledge of our business and experience in this sector has been invaluable. As usual they went the extra mile to help us achieve this successful outcome.”
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