Client Background

A world-leading pioneer in hydrogen fuel cell power systems, listed on Nasdaq with offices across North America, Europe, and China. The company develops, manufactures, and services fuel cell systems for heavy-duty motive power, materials handling, backup power, marine, and rail applications.

The Challenge

The company was scaling its global operations and needed growth capital. China represented both a major market opportunity and a potential source of strategic investment — Chinese industrial groups and funds were increasingly active in hydrogen, which China had designated a national strategic industry. The company needed a financial advisor who could connect it with the right Chinese investors.