2G Energy

DB: 2GB

€121.8m market cap

€27.4 last close

2G Energy is a leading international manufacturer of highly efficient combined heat and power plants. These are deployed in the housing industry, agriculture, commercial and industrial companies, public energy utilities and municipal and local government authorities.

Investment summary

2G Energy is the third-largest provider of gas-driven combined heat power
(CHP) plants in Germany. It has diversified its activities so that it is less
exposed to changes in the regulatory environment for renewables and CHP
in Germany through expanding export markets and service revenues. Gaspowered
systems are becoming increasingly important as sources of power
for supplying the difference when output from solar and wind systems is
low. The stock represents a low-risk play on the shift to decentralised,
decarbonised modes of power generation.

Sector
Industrials
Share price graph
Price performance
%
1m
3m
12m
Actual 23.3 37.5 48.6
Relative* 20.2 35.3 62.3
52-week high/low €29.9/€17.9
*% relative to local index
Key management
Friedrich Pehle CFO