Cookies

We use cookies in order to provide you with an optimal website experience. These include cookies that are technically or legally necessary for operating our site and controlling our commercial business objectives as well as cookies that are used for anonymous statistical purposes, monitoring comfort settings or displaying personalized content. The decision as to which types of cookies to allow is up to you. Please note that, based on your settings, some features of our website might not be accessible for you. For more information, see Details and Settings.

 

These cookies are absolutely vital for operating our site. They are required for security reasons or are necessary from a legal point of view.
*They cannot be deactivated.

In order to improve our website for you further, we collect anonymous data for statistical and analytical purposes.

These cookies are intended to facilitate use of our website for you. Your settings can be saved for 30 days.

24.3.2022

Metzler advised Copenhagen Infrastructure Parters on the investment in Sunfire

Sunfire increases its Series D capital raising to EUR 195 m (USD 215 m), partnering with Copenhagen Infrastructure Partners (CIP) and Blue Earth Capital (BlueEarth). The electrolysis company benefits from the unique partnership by entering into a framework agreement with CIP for its alkaline electrolyzers alongside growth and climate impact expertise from BlueEarth.

With the EU set to significantly increase its targets for renewable hydrogen to reduce fossil fuel dependency, key players in the energy market are rising to the challenge. Sunfire is rapidly expanding its manufacturing capacity and has raised further funds to enable the scaling of its hydrogen technologies. Following an initial EUR 109 m (USD 125 m) capital raise in October 2021, Sunfire has secured two additional partners in a second Series D round, to reach a total raise of EUR 195 million (USD 215 m).

Metzler Corporate Finance acted as exclusive financial adviser to Copenhagen Infrastructure Partners. 

Please read Sunfire's press release.

More articles