Financial DD and structuring for SWEN Capital Partners in its investment in Protium
Eight Advisory performed financial due diligence and structuring for SWEN Capital Partners in its investment in Protium.
Protium is a UK green hydrogen and fuel cell specialist. The group builds, finances, develops and operates green hydrogen and renewable energy assets. The group’s mission is to provide end-to-end decarbonized energy solutions. The group works with industrial companies and local authorities for their heat, power and transport needs through its HESCOTM business structure.
Protium has raised funds led by SWEN Capital Partners, through its SWIFT 2 fund. This fundraising is the largest for a green energy company based on hydrogen in the UK.
This fundraising will enable Protium to accelerate the development of its growing portfolio of 250MW green hydrogen projects, including by strengthening its regional teams in the UK.
SWEN is a fund specialized in green projects. Its SWIFT 2 fund (SWEN Impact Fund for Transition 2) is an infrastructure fund dedicated to renewable gas and circular economy initiatives.
Eight Advisory team was composed of Sébastien Smercan and Amen Sangha.
Eight Advisory Tax team was composed of Dean Lake and Caley Mogg.