DLA Piper advises SG H2 Energy Global in offtake agreement for clean energy hydrogen plant in Southern California
DLA Piper is representing SG H2 Energy Global, LLC in the development and financing of a green hydrogen production facility to be located in Southern California. The representation includes the negotiation and signing of the recently concluded hydrogen offtake agreement with Iwatani Corporation and a public private partnership (PPP) agreement with the City of Lancaster, California, where the project will be located, as celebrated by SG H2 and project participants at the recent signing ceremony in Lancaster.
“We are honored to represent SG H2 Energy in this landmark green hydrogen project. We are proud to continue in our commitment to a more sustainable future for all, and we congratulate SG H2 on this transformational project,” said DLA Piper partner Vanessa Richelle Wilson.
SG H2 Energy’s advanced gasification technology uses biogenic waste, biomass and recycled water to produce carbon negative hydrogen. The City of Lancaster, host and co-owner of the green hydrogen production facility, will facilitate the supply of guaranteed feedstock of waste paper, reducing methane produced by landfill and saving the city between $50 to $75 per ton in landfilling and landfill space costs.
The SG H2 Lancaster plant is scheduled to break ground in Q1 of 2022 and begin production in Q3 of 2023. It will produce up to 11,000 kilograms of green hydrogen per day and 3.85 million kilograms per year at full operation. The facility will process 42,000 tons of recycled waste annually, employ 35 full-time employees once operational and provide over 600 jobs during construction. Iwatani is Japan’s leading hydrogen industrial gas company and a major developer of hydrogen refueling stations in California.
The DLA Piper team representing SG H2 was led by Mitchell Marder and Vanessa Richelle Wilson (both of Washington, DC) and included Shaked Hoter, Shirley Qin (both of Washington, DC) and Sima Kulkarni (Philadelphia).
DLA Piper's Energy sector lawyers advise sponsors, investors and other industry participants on the development, financing, purchase and sale of energy infrastructure projects. For decades, the firm has represented organizations operating in the sector throughout the world, with a global team serving clients in the renewable generation, oil and gas, nuclear, energy trading, climate change and water markets. In addition to energy companies, the firm’s clients also include financial institutions, governments, utilities, regulatory bodies, and corporate and industrial buyers.
DLA Piper’s renewable energy team was recently named a top renewable energy legal advisor for the first half of 2021 by Inspiratia, as well as #1 in North America by deal count and # 2 globally by deal count in 2020.
DLA Piper is committed to making businesses better by helping clients and communities transition to and thrive in a more sustainable future. The firm understands the unique challenges and needs of each sector and delivers seamless global solutions to clients around the world. To find out more, please visit DLA Piper’s Sustainability and Environment, Social and Governance portal.