Eight Advisory has been mandated to perform the financial due diligence of H2Gen as part of its acquisition by GTT.
H2Gen is the only electrolyser manufacturer in France with expertise in PEM (Proton Exchange Membrane) electrolysis, a proton exchange membrane technology.
GTT is a French specialist in containment systems for the maritime transport and storage of liquefied gas. This acquisition of H2Gen, financed out of the Group’s cash flow, strengthens GTT’s foothold in advanced energy technologies, while enriching its technology portfolio and reinforcing the French hydrogen industry.
Eight Advisory performed the financial due diligence, the team was composed of Boris Bignon and Arnaud Bensaid.