Norton Rose Fulbright advises JERA on investment in Hydrogenious

Global law firm Norton Rose Fulbright has advised JERA Co., Inc. (JERA), Japan’s largest power company, on its strategic investment in Hydrogenious LOHC Technologies GmbH (Hydrogenious LOHC).

JERA has entered into an investment agreement and shareholders’ agreement with Hydrogenious LOHC through its subsidiary, JERA Americas Inc. This is a joint investment with Temasek, Chevron Technology Ventures and Pavilion Capital, and with JERA Americas as lead investor.

Hydrogenious LOHC, headquartered in Erlangen, Germany, develops, produces and sells technology that supports the safe transport and delivery of hydrogen. Its liquid organic hydrogen carrier (LOHC) technology means that hydrogen can be safely transported and stored.

By investing in the company, JERA acquires knowledge of LOHC technology that will also support the development of LOHC plants internationally.

A cross-border Norton Rose Fulbright team advised JERA on the investment. In Germany, the team was led by partner Sebastian Frech and included partners Klaus Bader, Clemens Rübel and Christoph Ritzer. The firm’s team in Japan was led by the Tokyo managing partner George Gibson and counsel Andrew Clarke.

Sebastian Frech commented: “We’re delighted to advise JERA on its first investment in Germany. JERA is actively promoting the adoption of greener fuels and, in particular, thermal power that does not emit CO2 during power generation. The investment in Hydrogenious LOHC is a major step forward for JERA’s hydrogen strategy.”

George Gibson commented: “This investment demonstrates JERA’s strategic pursuit of opportunities and investments across the global supply chain, which support the transition to low-carbon fuels. Green hydrogen is key to Japan’s energy transition strategy.” 

Hydrogenious LOHC was advised by TRACC LEGAL Rechtsanwälte Lotz und Partner mbB led by Matthias Jacobs.