LONDON - HydrogenOne Capital Growth PLC (LSE:HGEN) has entered into an agreement to sell its investment advisory business to Cordiant Capital, a global infrastructure and real assets manager. The deal, announced today, is expected to be finalized in early 2025.
Cordiant Capital, known for its focus on next-generation infrastructure investments, aims to enhance HydrogenOne's market reach and investment capabilities, particularly in the hydrogen sector. This strategic move is anticipated to address the current excessive discount of HydrogenOne's shares and potentially accelerate the company's growth.
The acquisition by Cordiant, a firm that prides itself on its partner-owned and operated structure and a history of surpassing client investment targets, could provide HydrogenOne with additional marketing support and advanced expertise in infrastructure-related investments.
HydrogenOne's focus on the hydrogen industry aligns with Cordiant's expertise in infrastructure, suggesting that the partnership may yield mutual benefits as the energy sector continues to evolve towards sustainable solutions.
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