Our multidisciplinary team successfully advised Pioneer Point Partners (Pioneer) on its acquisition of OG Clean Fuels B.V. (OG), a leading owner and operator of clean fuels filling stations, based in the Netherlands, from ABN AMRO Sustainable Impact Fund and a fund managed by Meewind.
OG has over 325 filling station locations which offer compressed biomethane (i.e. bio-CNG), liquefied biomethane (i.e. bio-LNG), electric vehicle charging, hydrogen and liquid biofuels across Germany, the Netherlands, Sweden and Italy. OG purchases biomethane, green power and green hydrogen from local producers and sells these clean fuels onwards to road transport users through the filling stations.
Pioneer’s vision is for OG to continue its journey to becoming a multi-fuel decarbonisation solutions provider for large logistics and transport companies as well as heavy goods fleet operators. This vision is shared with OG’s founder and CEO, and COO, who will remain as shareholders with a minority stake in OG’s group alongside Pioneer to execute this strategy. OG is the second investment through Pioneer’s second institutional fund, Pioneer Infrastructure Partners II SCSp.
Our team, consisting of lawyers, civil law notaries, and transactional tax advisers, is proud to have assisted as lead counsel for Pioneer throughout this transaction, providing expert legal guidance and acting as notary, while collaborating with other local counsels.