Green hydrogen producer P2X Solutions’ project progresses: Equity investments of 20M€ have been agreed

Grannenfelt Finance advised P2X Solutions in their EUR 20 million equity round.

We are proud to work with the highly experienced team of P2X Solutions. The team, lead by Herkko Plit, is uniquely positioned to successfully execute an energy transition project of this scale. They have a strong long-term track record of building, operating and managing energy infrastructure assets, and the depth of skills, and execution capabilities. We strongly believe on the rapid development of green hydrogen market and P2X’s ability to be the leading company in the sector.

P2X Solutions, a Finnish green hydrogen and power-to-x technology pioneer, has reached an agreement on an equity investment of EUR 20 million in its funding round. The company has on December 8, 2021, signed an agreement with Enersense International Oyj, a creator of zero-emission energy solutions, for an investment of EUR 13–18 million in P2X Solutions Oy. In addition to Enersense, e.g., Lifeline Ventures, an early-stage investor in the company, will participate in the investment round (www.p2x.fi).