H2APEX Secures Financing for Expansion of Hydrogen Production Capacities
Key Ideas
  • H2APEX Group secured a shareholder loan of EUR 20 million from Active Ownership and an additional comfort letter for EUR 15 million from an investor of the Atlan Group, demonstrating confidence in the hydrogen market expansion.
  • The funds will be used for acquiring and developing hydrogen projects, including a project in Lubmin with the potential to generate up to 1,000 MW of electrolysis capacity, enhancing H2APEX's role in Germany's hydrogen sector.
  • The company's strategic focus on internal production capacities is reinforced by political support, market demand certainty, and the aim to lead in European hydrogen initiatives, aligning with the inclusion of climate neutrality by 2045 in the German constitution.
  • H2APEX plans a capital increase of EUR 30 million in June 2025 to further solidify its business model, with the loan's conversion into shares and participation of institutional investors, highlighting the company's commitment to sustainable hydrogen solutions.
H2APEX Group, based in Rostock, Grevenmacher, and Lubmin, has secured significant financing for the expansion of its hydrogen production capacities. The company entered into a loan agreement of EUR 20 million with shareholder Active Ownership Fund and received a comfort letter for an additional EUR 15 million from an investor of the Atlan Group. These financial injections signify strong confidence in the hydrogen market's growth and affirm long-term shareholder support. The funds will be utilized for acquiring and enhancing hydrogen projects, especially in Lubmin, where projects have the potential to generate significant electrolysis capacity. CEO Peter Rößner expressed gratitude for the shareholders' backing, emphasizing the importance of strengthening corporate strategies and contributing to the development of hydrogen infrastructure in Germany. Additionally, H2APEX is gearing up for a capital increase of EUR 30 million in June 2025 to further bolster its operations. The company's strategic shift towards internal production capacities aligns with the evolving market demands, political support for hydrogen initiatives in Europe, and the drive towards climate neutrality by 2045 in Germany. H2APEX's commitment to sustainable hydrogen solutions is evident through its efforts to secure funding, acquire projects, and pave the way for substantial electrolysis capacity with a focus on green technology.
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