Real assets manager Cordiant Capital is set to acquire HydrogenOne Capital, an alternative investment firm specialising in hydrogen asset investments.
The transaction – which allows Cordiant to build on its existing UK-listed company strategy – will involve rebranding HydrogenOne Capital as Cordiant HydrogenOne under its energy transition division.
Cordiant HydrogenOne will maintain its investment advisory relationship with HydrogenOne Capital Growth, the UK’s first listed hydrogen fund.
Benn Mikula, managing partner and CEO of Cordiant Capital, said: “In combining Cordiant’s global investment capabilities with HydrogenOne’s deep technical knowledge in the hydrogen value chain, we look to build even more value for HydrogenOne shareholders even as we expand Cordiant’s skills and product offering in the energy transition infrastructure sector.”
In a joint statement, JJ Traynor and Richard Hulf, managing directors, co-heads of Cordiant HydrogenOne, said: “Through this partnership, Cordiant HydrogenOne has the opportunity to unlock substantial growth potential, accelerating hydrogen infrastructure development.
“Our existing shareholders can benefit from enhanced resources, broader market access, and a resilient pathway to capturing the long-term economic potential inherent in the hydrogen ecosystem.”
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