Antin Infrastructure Partners has announced the acquisition of a majority stake in GTL Leasing, a major player in the hydrogen transportation and storage equipment leasing market in North America. Orrick advised Antin on the transaction. Antin, a private equity firm with over $31 billion in assets under management, has been focusing on investments in the energy and environment, digital, transport, and social infrastructure sectors. GTL Leasing, established in 2013, provides high-pressure gaseous hydrogen transport and storage equipment among other services. This marks the sixth investment for Antin’s NextGen Fund I and its first foray into the hydrogen industry in North America. The deal aims to expand GTL’s platform, diversify its product portfolio, and allow it to capture new opportunities with blue-chip customers amidst the growing demand for low-carbon hydrogen in logistics and material handling markets.

Private Equity, Hydrogen and Renewable Energy, Logistics and Infrastructure,North America

https://www.orrick.com/en/News/2024/06/Investing-in-Hydrogen-Transportation-Antin-Infrastructure-Partners-to-Acquire-Majority-Stake