Led by Energy & Infrastructure Projects global co-leader Mona Dajani, a team of Pillsbury lawyers is representing leading energy infrastructure company TC Energy, a North American energy infrastructure company, with operations in natural gas, oil and power industries, in a strategic deal with Nikola Corporation, a global leader in zero-emissions transportation and energy infrastructure solutions.
Together, both companies are evaluating opportunities to develop and operate clean hydrogen production hubs centered around TC Energy’s existing pipeline and electrical infrastructure to deliver low-cost and low-carbon hydrogen at scale, to facilitate the adoption of heavy-duty zero-emission fuel-cell electric vehicles (FCEVs) and hydrogen across various industrial sectors. A key objective of the collaboration is to produce 150 tonnes or more of hydrogen per day near strategically located hydrogen supply hubs near highly traveled truck corridors, which will serve Nikola’s growing need for hydrogen to fuel its Class 8 FCEVs within the next five years.
Read more about the transaction here.
In addition to Mona Dajani, the Pillsbury team included Energy Industry co-leader Sheila Harvey, Deputy Energy co-leader Elina Teplinsky, Energy and Projects partner Veronica Relea, Tax partner Jorge Medina and Energy and Projects counsel Shellka Arora-Cox.
As a globally recognized law firm leader in the energy transition, more than a year ago, Pillsbury launched its Hydrogen practice. One of the first Hydrogen practices launched by an AmLaw 100 firm, the team also created and maintains the interactive The Hydrogen Map, the first public resource tracking the development of hydrogen projects worldwide. Pillsbury’s Hydrogen team has a deep understanding of hydrogen-based energy technologies and stands ready to advise clients across all sectors on its vast potential. Read more here.