https://www.polity.org.za
Deepening Democracy through Access to Information
Home / Press Office / Other Briefs RSS ← Back
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Verification Image. Please refresh the page if you cannot see this image.

Sponsored by

Close

Article Enquiry

Baker McKenzie Advises Implats on Hydrogen Energy Fund Investment

Verification Image. Please refresh the page if you cannot see this image.
Close

Embed Video

Baker McKenzie Advises Implats on Hydrogen Energy Fund Investment

19th January 2021

ARTICLE ENQUIRY      SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

A team from Baker McKenzie advised Impala Platinum Holdings Limited (Implats) on its investment into the AP Ventures Fund II, which focuses on companies developing sustainable hydrogen energy technologies. 

Implats has taken a significant Limited Partner stake and Advisory Board seat in the fund. The cross-border team from Baker McKenzie was led by Morne van der Merwe, Implats Relationship Partner and Johannesburg Head of Corporate/M&A, with support from James Burdett, Partner, and Naomi Inns, Associate, in Baker McKenzie’s London Investment Funds Group.

Advertisement

Morne van der Merwe, commented, “We were delighted to assist Implats on this significant investment in technologies that are critical to Africa’s sustainable energy future. New solutions are urgently needed to address Africa’s power crisis and boost its post-pandemic recovery. Such solutions must take into account the energy transition and the global drive towards a decentralised, decarbonised and secure energy supply that addresses climate change and stimulates economic growth. This exciting investment will enable the development of hydrogen technologies that can lower energy costs, increase the power system’s flexibility and facilitate the decarbonization of African industries.”

Sifiso Sibiya, Group Executive, Refining and Marketing at Implats said, “Our thanks go to Morne, James and the Baker McKenzie team for helping us close this complex transaction within a very tight deadline. A zero-carbon hydrogen solution is one of the key evolving end uses for platinum group metals and an important part of the successful path to decarbonisation. This investment will help to harness the benefits of PGM demand growth and add value to our local communities through hydrogen’s role as a key enabler of the energy transition.”

Advertisement

Last year, Baker McKenzie’s Hydrogen team, comprising a global, multi-practice team of hydrogen industry experts, launched the Hydrogen Hub to share new policy and developments focusing on the important role of hydrogen in global sustainable energy initiatives.

 

EMAIL THIS ARTICLE      SAVE THIS ARTICLE ARTICLE ENQUIRY

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now