Mundus Nordic Green News – 14 April, 2021

Danish railways makes huge order from Alstom

Danish State Railways (DSB) has ordered a minimum of 100 electric trains from French train manufacturer Alstom. The trains, which will retire the aging diesel-powered trains, are scheduled to be delivered from 2024. The total investment in connection with the purchase of train sets and maintenance is more than DKK 20 billion. However, the agreement must be approved by the Folketing's Finance Committee before it can enter into force. (press release)

Ngenic to list on NASDAQ First North

With a shortage of capacity in the electricity networks, Ngenic offers solutions as an intermediary in the energy market. The sharp situation in the energy market right now gives Ngenic room for expansion and it is now applying for a listing on First North to take market share faster and grow outside Sweden.

During the company's most recently reported financial year, 2019, Ngenic had sales of SEK 16.5 million and made an operating loss of SEK 10.9 million. Ngenic has not yet reported figures for 2020, but sales increased marginally in 2020. The company's goal is to raise SEK 50 million at the listing. The company is currently valued at SEK 120 million. (press release)

Oslo Børs criticizes Everfuel for violating the rules

The Oslo Stock Exchange has made a stock exchange announcement, criticising Everfuel A/S, a Norwegian hydrogen company, as the Exchange believed that the company violated the rule of reporting inside information around Everfuel's acquisition of Danish Hydrogen Fuel (DHF), which was announced on 28 December 2020. (E24)

Ecoclime estimates doubled volume of Evertherm project 2021

Ecoclime says that increased marketing and sales efforts of its’ subsidiary, Evertherm, which markets the SEW system for energy recovery from wastewater in buildings has resulted in rapidly growing demand.  Therefore, Ecoclime has raised the level for Evertherm's order intake and regulations in 2021 from previously budgeted SEK 20 million to SEK 40 million, and the target for 2022 will be increased from SEK 50 million to SEK 100 million. (Svenska Dagbladet)

Permascand to make multi-million investment in green hydrogen

The Swedish company, Permascand is making one of its largest investments ever, investing SEK 300 million into green hydrogen. "What it's about for us is that we want to be very clear that we want to be a player in the market," says Viktoria Lindstrand, global marketing and sales manager at Permascand. (Sveriges Radio)

 

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