Hy24 Invests US$50 Million in StormFisher Hydrogen with Guidance from DAI Magister
London, 13th February 2025 – DAI Magister, a boutique investment bank specializing in technology, climate tech, digital infrastructure, and healthcare sectors, is proud to announce its role as the exclusive advisor to StormFisher Hydrogen. The leading clean fuels developer and producer recently secured a US$50 million investment from Hy24’s Clean Hydrogen Infrastructure Fund.
This significant investment will further accelerate StormFisher Hydrogen’s mission to develop alternative energy solutions and solidify its position as a leader in circular economy and clean hydrogen projects throughout North America. The funding will be utilized to support the development of existing projects in the United States and Canada, ultimately contributing to the broader global energy transition.
DAI Magister’s Co-Head, Divij Ruparelia, commented on the collaboration, stating, “StormFisher’s innovative approach to waste-to-energy solutions plays a crucial role in the decarbonization ecosystem. We are thrilled to have supported the company in securing this investment from Hy24, a renowned clean hydrogen private equity asset manager.”
Judson Whiteside, President and CEO of StormFisher Hydrogen, also expressed his excitement for the partnership, saying, “This collaboration with Hy24 allows us to advance projects in our pipeline and reinforces our role as a pioneer in project development. Our initiatives not only bring value and long-term job opportunities to the communities we work in but also increase molecule exports to Europe and Asia.”
This partnership between StormFisher and Hy24 highlights the growing investor interest in alternative energy infrastructure and showcases the increasing importance of hydrogen projects in the global shift towards net-zero emissions.
With a proven track record of advising high-growth companies on strategic transactions, DAI Magister continues to play a pivotal role in facilitating capital deployment into pioneering climate and clean energy initiatives.
About DAI Magister:
DAI Magister is a boutique investment bank that offers advisory services for M&A and capital financing transactions in the technology, climate tech, digital infrastructure, and healthcare sectors. The company supports CEOs and their investors by identifying and establishing key relationships to assist in the growth, scaling, and management of their business.
About StormFisher Hydrogen:
StormFisher Hydrogen is a leading developer and operator of facilities that produce e-Fuels utilizing renewable electricity to produce green hydrogen and sourcing carbon dioxide from industrial point sources. The company works with hard-to-abate sectors such as transportation (maritime/aviation), heavy industry, and gas utility companies, as well as traditional methanol users seeking clean fuel solutions to achieve long-term decarbonization goals.
About Hy24:
The Clean H2 Infra Fund is managed by Hy24, a 50/50 joint venture between Ardian, a globally recognized private investment house, and FiveT Hydrogen, a clean hydrogen investment pureplay. The world’s largest clean hydrogen infrastructure fund is the result of a collaboration between Air Liquide, TotalEnergies, VINCI Concessions, Plug Power, Chart Industries, and Baker Hughes, all with a common goal of accelerating the development of the hydrogen sector. With extensive industrial and financial expertise, Hy24 has the capacity to accelerate the scaling up of hydrogen solutions across the entire value chain, including production, conversion, storage, supply, and usage. The fund is compliant with Article 9 of the European regulation on sustainability-related disclosures in the financial services sector (SFDR) and is regulated by the French Autorité des marchés financiers under the number GP-202171. The Clean H2 Infra Fund is exclusively available to professional investors and is not marketed in the United States of America. For more information, please visit hy24partners.com.
For media inquiries, please contact:
Rayana Choudhary at rchoudhary@daimagister.com
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