Deals Counterparts

Clifford Chance advises on financing of hydrogen production facility

Financing Hydrogen announced United States May 1, 2025
USD750M
Deal Value
60 tonnes per day
Capacity
development
Stage
H2OK Hydrogen Project
Project

Clifford Chance advised the lenders on the $750 million financing of a hydrogen production facility in the United States. The facility will produce green hydrogen using renewable energy.

Source Intelligence

KEY DETAILS

The H2OK project will source power from the Oklahoma gas and electric grid, a large portion of which is wind-power. Renewable Energy Certificates will be used to abate any remaining emissions. Quote: Power for the project will be sourced from the Oklahoma gas and electric grid a large portion of which is wind-power, and Renewable Energy Certificates will be used to abate any remaining emissions.

Deal Size
advised Technip Energies NV , a leading Engineering & Technology company for the energy transition listed at Euronext Paris, as strategic investor on the successful participation in a EUR 200 million investment round for Hy2gen AG, the green hydrogen investment platform based in Wiesbaden, Germany.
Capacity
The project is expected to produce up to 60 tonnes per day of liquid hydrogen.
Location
advised Woodside Energy in the development of the H2OK Hydrogen Project located in Oklahoma.
Financials
Advised the Loan Programs Office (DOE LPO) on a US$504.4 million loan guarantee for the Advanced Clean Energy Storage Project, an innovative clean hydrogen production and storage facility capable of providing long-term seasonal energy storage.
PARTIES MENTIONED IN SOURCE
W
Woodside Energy developer

"advised Woodside Energy in the development of the H2OK Hydrogen Project located in Oklahoma."

T
Technip Energies NV investor

"advised Technip Energies NV , a leading Engineering & Technology company for the energy transition listed at Euronext Paris, as strategic investor on the successful participation in a EUR 200 million investment round for Hy2gen AG, the green hydrogen investment platform based in Wiesbaden, Germany."

H
Hy2gen AG developer

"advised Technip Energies NV , a leading Engineering & Technology company for the energy transition listed at Euronext Paris, as strategic investor on the successful participation in a EUR 200 million investment round for Hy2gen AG, the green hydrogen investment platform based in Wiesbaden, Germany."

G
Green Hydrogen Coalition developer

"Advised on a consultation platform established by the Green Hydrogen Coalition on with the aim to build supply chains to deliver green hydrogen at large scale to the Los Angeles basin by 2030."

D
Department of Energy lender

"Advised the Loan Programs Office (DOE LPO) on a US$504.4 million loan guarantee for the Advanced Clean Energy Storage Project, an innovative clean hydrogen production and storage facility capable of providing long-term seasonal energy storage."

medium quality Enriched Feb 19, 2026

Timeline

Announced
May 1, 2025
Signed
Closed

Market Context

This deal is part of the Hydrogen sector in United States.
110
Hydrogen deals
565
deals in United States
1 of 110 Hydrogen deals tracked this month · Updated daily

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