Global law firm Freshfields Bruckhaus Deringer advised Canada Pension Plan Investment Board (‘CPP Investments’) on its long-term investment partnership with Power2X. The partnership plans to invest an initial EUR 130 million to accelerate the growth of Power2X as a development platform and fund green molecule projects. Under the terms of the deal, CPP Investments will acquire a majority interest in Power2X. Headquartered in Amsterdam, Power2X develops large-scale new energy assets and infrastructure focusing on decarbonising industrial value chains. The investment supports Power2X’s mission to become a long-term developer, owner and operator of next-generation energy assets with a focus on green hydrogen and other clean molecules such as green methanol and ammonia. The Freshfields team advising CPP Investments was led by partner Saloua Ouchan, with support from Marius Weyers, Nayoung Kwon, Emelde Rubaij-Bouman, Nick Surgey, Tijn Mandema, Sebastiaan Bonapart, Jordi Wals (Corporate), Eelco van der Stok and Daan van Schaik (Tax), Paul van den Berg, Rosa Warning and Clara Mendez de Vigo (Antitrust and Regulatory), Brechje Nollen, Julia Van Heusden and Babette Koning (People & Reward), Bert Spijkervet (Notarial) and Jan-Jaap Koningsveld (IP).