McDermott Advises Bayotech On Partnership With Nikola
International law firm McDermott Will & Emery represented BayoTech, Inc., an innovator in hydrogen production, transportation and storage solutions, on its strategic supply agreement with Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions.
McDermott’s hydrogen team and e-mobility team combined to advise on negotiating and executing agreements to purchase up to 50 Nikola Class 8 hydrogen fuel cell electric trucks for zero-emission hydrogen transport over the next five years. The Nikola trucks will be paired with up to 10 BayoTech HyFill™ bulk transport trailers to deliver low-carbon hydrogen to customer refueling stations. BayoTech will supply Nikola with low-carbon hydrogen from its Missouri and California hydrogen hubs.
BayoTech, is committed to addressing the global need for reliable, cost-effective and low-carbon hydrogen. BayoTech sites hydrogen production close to demand and distributes it to nearby consumers via high-pressure gas transport and storage equipment. Customers are accelerating the decarbonization of their energy and transportation systems through BayoTech’s supply of hydrogen molecules and equipment.
The McDermott team was led by partner Carl Fleming and Ming Lei. Jonathan Henry is the relationship partner for BayoTech.
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.