United H2 Limited’s (UHL) $400m acquisition of Australia’s leading zero-emissions mobility company, GoZero Group, has been featured in the Australian Financial Review.
In the article, UHL’s CEO, Will Davidson, provides an overview of UHL’s plans to expand its presence in the zero-emissions mobility sector.
Key Acquisition Terms:
- Subject to shareholder approval, UHL will acquire GoZero Group, creating a company with a combined value exceeding $400 million.
- GoZero will pursue an Initial Public Offering (IPO) on the ASX in mid-2025, with Morgans and MA Moelis Australia appointed as Joint Lead Managers.
- UHL will follow with a listing on the NASDAQ within 12 months of the transaction.
- To align with this acquisition, United H2 Limited will rebrand as New Energy Opportunities Limited (“NEO”), subject to shareholder approval. This name change reflects an expanded focus on clean energy solutions and strengthens brand clarity.
This landmark acquisition showcases that UHL is continuing to build shareholder value.
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