June 5, 2018, EDF Nouveaux Business invested €16m in McPHY, a leading player in hydrogen offering a full range of solutions including electrolyzers, hydrogen refueling stations and storage facilities. Thanks to McPhy’s expertise, EDF will be able to offer its customers new services reducing their carbon footprint while enhancing their competitiveness
EDF’s investment takes place through a reserved capital increase by McPhy totalling around €16 million at a price of €5.10 per share representing 3 137 250 new McPhy shares, around 21.7% of its share capital, and 20.4% of its voting rights.
Natureo Finance acted as financial advisor to EDF and focused on green hydrogen market valuation, business modelling and valuation and negotiation.