New board appointment further strengthens Ohmium’s capabilities in corporate financing, governance and risk management.
FREMONT, California, May 3, 2023 – Ohmium International green hydrogen company that designs, manufactures, and deploys advanced Proton Exchange Membrane (PEM) Electrolyzer systems, today announced the appointment of Andrea Nicolás as a new Board member to further strengthen and broaden Ohmium’s capabilities as it scales and accelerates its pioneering research and development programs to reduce the cost of green hydrogen production. Ohmium announced the appointment following a successful Series C investment raise of $250 million in April.
Nicolás joins Ohmium with several decades of experience including as a trusted advisor to Boards of Directors and Executive Management teams of US and global enterprises across a diverse range of industries. She provides expert strategic counsel on critical business issues for start-ups, joint ventures, growth and mature companies. Nicolás has deep experience in the renewable energy sector, corporate finance, risk management and corporate governance.
In addition, Nicolás brings with her a wealth of legal experience from a 25-year career at Skadden, Arps, Slate, Meagher and Flom LLP. She is an award-winning lawyer, having been recognized by Latinvex’s “Top 100 Female Lawyers in Latin America” for multiple years and The American Lawyer’s “Dealmaker of the Year”. Nicolás has a PhD in microbiology.
“I’m thrilled to be joining Ohmium as a Board Director. The company has some of the most experienced green hydrogen and clean technology professionals in the sector. I’m looking forward to being part of a team that is going to deliver on the company’s ambition of international growth and unrivaled technological leadership,” said Nicolás. “Ohmium’s innovative PEM hydrogen architecture, stack and cell technology has been designed to be one of the most efficient, cost effective and versatile solutions on the market, meeting the decarbonization needs of organizations working across diverse industries.”
“I’m delighted that Andrea is joining Ohmium’s Board of Directors. As an award-winning lawyer with extensive experience in both the renewable energy sector and corporate finance, her skill set will be hugely beneficial for the company as we continue to leverage our financial resources to deliver on our growth ambition,” said Arne Ballantine, CEO of Ohmium International. “I look forward to working with Andrea as we continue to scale up the delivery of our PEM electrolyzers to customers all around the world.”
Theo Carroll – Account Supervisor
Rachel Mountain – Director, Global Marketing
About Ohmium International
Ohmium International enables industries to deploy green hydrogen for a sustainable future. The company’s suite of electrochemical products helps customers achieve their sustainable energy goals in industrial, transportation, and energy projects. Ohmium is headquartered in the United States, with manufacturing in India and operations worldwide.
About Ohmium’s PEM Electrolyzers
Ohmium manufactures modular interlocking PEM electrolyzers that produce pressurized high-purity hydrogen, making it an ideal energy source for hard-to-abate sectors such as energy, heavy industry and transport. Individual, compact electrolyzers can be easily stacked to significantly reduce installation and maintenance costs and the standardized design enables rapid scaling from megawatts to gigawatts. Ohmium's patented electrolyzer technology features dynamic ramping capabilities, making it extremely suitable to pair with renewable electricity.
For more information, please visit www.ohmium.com