Squire Patton Boggs has advised the co-founders of Helios Aragon on the acquisition of Helium Resources Limited (HRL), a UK-based natural hydrogen and helium exploration company.
The team in Madrid advising Helios Aragon consisted of partner Ramón Castilla, legal director and head of energy and public law Antonio Bañón, and senior associate Laura Gómez.
Helios Aragon is a recognised leader in the European natural hydrogen industry and is operator of the Monzon Natural Hydrogen Project in Spain. The Spanish project was declared of regional significance in 2023 by the Regional Government of Aragon. The purchase of HRL represents the continued implementation of a strategy to grow a quality global portfolio of natural hydrogen and helium projects.