Stargate Hydrogen enters strategic partnership with global energy group Repsol

Repsol’s venture capital fund, listed on the Spanish stock exchange, has acquired a minority stake in Stargate Hydrogen to strengthen the Estonian company’s position as an international technology leader and boost its competitiveness in the global renewable hydrogen sector.

Stargate is one of the few electrolyzer manufacturers recognized as an IPCEI (Important Project of Common European Interest) company. Its clients include Fortum, Utilitas, ABB, and many others across Europe, Turkey, the Middle East, and India.

COBALT advised Stargate Hydrogen on the investment and the establishment of the partnership with the energy group Repsol. Our team included Managing Associate Grete Kuru and Junior Associate Paul Schifrin.

Image: Stargate Hydrogen