HPP assisted French energy giant, TotalEnergies on its acquisition of a 20% stake in Ductor

HPP avusti ranskalaista energia-alan suuryritystä TotalEnergiesiä sen hankkiessa 20 prosentin osuuden suomalaisesta start-up-yhtiöstä Ductorista

Reflecting its strength in advising on green transition mandates, HPP was pleased to have assisted French energy giant, TotalEnergies on its acquisition of a 20% stake in Ductor, a Finland-based start-up. Ductor has developed an innovative technology to process high-nitrogen organic waste, such as poultry manure, which is usually difficult to use for biomethane production. By allowing the treatment of new types of input, this technology is helping to accelerate the development of the biogas value chain, thus contributing to the energy transition. It will also enable TotalEnergies to seize new market opportunities.

TotalEnergies has also formed a partnership with Ductor to develop and invest in several biomethane production projects, primarily in the United States and Europe. Ductor already has a pipeline of fifteen to twenty projects, some of which are at an advanced stage. The partners are planning to develop an initial facility in Ohio, United States. Under the terms of this joint venture, TotalEnergies will market the production of the biomethane, and Ductor the production of the sustainable biofertilizers.

HPP’s Energy team is ranked as one of the leading sector-focused teams in the Finnish legal market, with a track record of advising on some of the most significant renewable energy, decarbonization and green transition projects currently taking place in Finland. Combined with HPP’s strong transactional experience, this expertise makes HPP an excellent choice of legal counsel for transactions and projects in these rapidly-evolving and critical sectors. Please contact Björn Nykivst or Andrew Cotton  to find out more about how HPP can support clients in these areas.

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