News Kilpatrick Townsend has adviced Botnia Hydrogen AB in connection with an investment for construction of hydrogen fueling stations in Piteå and Arvidsjaur

20 October 2022

Kilpatrick Townsend has represented Botnia Hydrogen AB, founded by Zelk Energy AB (publ) in connection with an investment from Metacon AB (publ), Lhyfe S.A and Skoogs Energi AB. The investment will be used to establish two electrolysis based and fully integrated hydrogen fueling stations in Piteå and Arvidsjaur. The hydrogen will be used by the heavy transport sector. Botnia Hydrogen AB receives SEK 25,000,000 through the investment and an additional SEK 6,000,000 as a convertible loan from Norrlandsfonden, in total approximately SEK 31,000,000. In addition, Botnia Hydrogen AB has also been granted state support from the Swedish Environmental Protection Agency’s initiative “Klimatklivet”.

Kilpatrick Townsends team comprised of Tobias Öd and Viktor Lundin.

Kilpatrick Townsends corporate team regularly represents investors, founders, buyers and sellers and we have great experience of tech-transactions and transactions within the service sector. We have been entrusted to work with some of Sweden’s most interesting growth companies and their founders.

Environmental technology concept. Sustainable development goals. SDGs.

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