Barclay Pearce Capital has announced a joint mandate with The Ince Group to raise pre-IPO capital for hydrogen fuel cell electric vehicle leader H2X Global Limited.

Together, BPC and Ince Group will work to introduce new investments across Europe and Asia to fund the exciting growth opportunities for H2X in 2023.

Furthermore, the agreement crystallises H2X’s plans to list on the London Stock Exchange in the next 12 months.

As a founding shareholder with a major position in H2X, United H2 Limited (UHL) is extremely proud of what H2X has been able to achieve as it heads towards delivering a significant liquidity event.

UHL is currently taking expressions of interest for its upcoming Series A Capital Raise, which will give investors a rare opportunity to access the world’s largest and most diversified hydrogen conglomerate, with significant positions in 37 hydrogen companies and projects, such as H2X.

Following this, UHL plans to seek a listing on a suitable exchange to execute its proven special-purpose vehicle (SPV) model at scale, which involves a systematic approach to identifying high-growth hydrogen projects and forming SPVs with technology partners to unlock their value quickly.

Over the past three years, this has seen the Company work closely with its partners to generate $650m in market capitalisation across 11 hydrogen companies, with each starting from a valuation of zero.

Additionally, UHL has had seven successful exits over the past 18 months, which delivered a $23.5m return for shareholders.

If you are interested in participating in UHL’s pre-IPO capital raise, register your interest today.