on 2G Bio-Energietechnik AG (isin : DE000A0HL8N9)
2G Energy Secures Major Order in the USA Worth EUR 17.5 Million
2G Energy, known for its combined heat and power (CHP) systems, has secured a notable order in the US valued at EUR 17.5 million. This involves equipping 32 nursing homes in California with hydrogen-capable CHP systems. The order advances 2G's record order intake, which reached EUR 80.4 million in Q3, marking a 91% increase from the prior year.
The company’s order backlog increased to over EUR 230 million by the end of the third quarter, indicating robust future sales. 2G anticipates high capacity utilization through the second half of 2025. Interest in decentralized CHP systems remains strong, especially in Eastern Europe.
This significant contract highlights 2G Energy's technological leadership. A substantial part of the advance payment for this order is expected to be recognized in October, further boosting the next quarter's financial outcomes.
R. P.
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