Nishimura & Asahi Advised Idemitsu Kosan Co., Ltd. On Its Investment In HIF Global LLC
Nishimura & Asahi Advised Idemitsu Kosan Co., Ltd. On Its Investment In HIF Global LLC
Nishimura & Asahi, a prominent law firm in Japan, played a pivotal role in advising Idemitsu Kosan Co., Ltd., a leading Japanese Energy Company, on its recent investment in HIF Global LLC. HIF Global is renowned as the world's foremost eFuels company, spearheading projects aimed at converting hydrogen, produced with low-cost renewable energy, into carbon-neutral liquid eFuels that can be readily utilized in existing infrastructure.
The investment by Idemitsu Kosan Co., Ltd. marks a significant milestone in the company's pursuit of diverse and environmentally friendly low-carbon energy solutions.
Idemitsu Kosan Co., Ltd. joins an esteemed group of existing HIF investors, including AME, EIG, Porsche, Baker Hughes, and Gemstone Investments. This strategic investment underscores the growing momentum in the development of eFuels markets, particularly in Japan, with strong support from policymakers aligned with the Green Growth Strategy Through Achieving Carbon Neutrality in 2050.
Under the leadership of Partners Yuki Oi, Takeshi Nemoto, and Toshihito Yasaki, the Nishimura & Asahi team provided invaluable legal counsel to Idemitsu Kosan Co., Ltd.
