10-29-2020

Additional funding round: Neste expands commitment at SunFire




Dr. Götz G. Karrer, Partner at Heuking Kühn Lüer Wojtek, legally advised Neste on expanding its commitment at SunFire in an additional funding round. Publicly listed Neste Oyi, the world’s leading provider of renewable diesel fuel and sustainable aviation fuel and an expert in drop-in solutions for renewable chemicals, had already acquired a stake in German cleantech company SunFire in March 2020.
 
SunFire is a leading developer of high temperature electrolysis processes. The company’s patented technology allows for the production of sustainable hydrogen and the direct conversion of water and CO2 into raw materials for petrochemical products. 

Counsel to Neste
Heuking Kühn Lüer Wojtek:

Dr. Götz G. Karrer, Düsseldorf

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