€315m market cap
€71 last close
2G Energy is a leading international manufacturer of highly efficient combined heat and power plants (CHP). These are deployed in the housing industry, agriculture, commercial and industrial companies, public energy utilities and municipal and local government authorities.
2G Energy appears relatively resilient to the impact of the coronavirus pandemic. Its manufacturing facility in Germany has been operational throughout. New order intake remains robust, with minimal exposure to the leisure sector, which is where investment in co-generation projects is most likely to be affected. Longer-term demand is linked to phasing out nuclear and coal-fired power generation plants, which could potentially be delayed if the pandemic causes a severe and lengthy recession.