Bird & Bird advises P2X Solutions on financing arrangement
Published
Apr 15 2024
International law firm Bird & Bird has advised P2X Solutions, a leading Finnish company in the green hydrogen sector, on a significant strategic financing arrangement with Alpiq. As a result of the investment, Alpiq will become the majority owner of P2X Solutions. P2X Solutions will continue as an independent company.
Alpiq is a leading Swiss energy services provider and electricity producer with operations spanning across Europe. By joining forces, Alpiq and P2X Solutions will strengthen their market positions and continue driving innovation and fostering sustainability in the energy sector.
Bird & Bird provided legal advice to P2X Solutions throughout the transaction process, underscoring Bird & Bird's capabilities in energy transition related ventures. The core Bird & Bird team consisted of partner Kimmo Reina (Corporate & Venture Capital), senior Counsel Kristiina Lehvilä (Finance & Financial Regulation) and senior associate Miika Hiidenhovi (Corporate & Venture Capital).
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