Linklaters has advised John Cockerill and John Cockerill Hydrogen, a subsidiary of the Group specialising in green hydrogen solutions, on the completion of a 116-million-euro capital increase. This transaction aims to support the company’s development strategy and further its expansion in Europe and internationally.
This fundraising round, which follows an initial 230-million-euro capital raised in 2024, reinforces John Cockerill Hydrogen’s position as a leading player in the sector, benefiting from the support of its longstanding shareholders – SFPIM, Wallonie Entreprendre, SLB, and Rely – as well as the entry of Fluxys, the Belgian infrastructure group. This capital increase will enable the subsidiary to continue the deployment of its advanced technologies and to industrialise its electrolyser production capacity in support of the global energy transition.
The Linklaters team was led from Brussels by Yves Moreau, Partner, and from Paris by Véra Maramzine, Counsel in Corporate/M&A. They were supported by Espérance Ait Bachir and Estel Robert, Associates in Corporate/M&A, with the support of Jérémy Filbiche, Managing Associate in the Corporate/M&A team at the Belgian office.