€233m market cap
€49.2 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 continues to diversify its activities by expanding export markets and developing service revenues. This strategy delivered a 14% increase in sales and almost a trebling in EBIT during H119. Importantly, its portfolio of CHP systems fuelled by biogas, natural gas or hydrogen provide mechanisms for providing supplementary power on an intermittent basis or storing surplus energy, thus permitting greater adoption of wind and solar power generation.