Selective oxidation of aromatic substrates to phenols is a challenging goal in synthetic chemistry. Herein, we investigate the catalytic activity of nickel(II) complexes of the type [Ni(L)(CH3CN)](X)2 (1‐4); (X = ClO4‐, BPh4‐, L = N4Py, BnTPEN and, BnImDPEN) supported by pentadentate ligands in the hydroxylation of aromatic substrates to corresponding phenols using H2O2. In benzene oxidation, complex 2 showed a phenol yield of 28% and a turnover number of 560 with 99% selectivity. Also, preferential oxidation of aromatic C‐H bonds over aliphatic C‐H bonds was noted during the oxidation of substituted benzenes. The kinetic isotope effect value (1.01) supported the involvement of nickel‐bound oxygen species in the catalytic cycle rather than hydroxyl radicals. The key source of oxygen in the formed phenol was found to be H2O2 based on the isotope‐labelling experiments using H218O2 and H218O. Although the formation of {[(BnTPEN)Ni(OOH)]+ +NCCH3}+ intermediate was identified upon reacting complex 2 with H2O2, this species did not directly react with benzene to form phenol. Further, DFT studies suggested that the species [(L)NiII(O•)]+ derived from O‐O homolysis of nickel hydroperoxo intermediate reacts with benzene to produce phenol and the presence of a nickel‐based oxidant is the reason behind the excellent selectivity.
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