2G Energy AG Aligns Group Structure for International Growth

Heek, July 18, 2024 – 2G Energy AG (ISIN DE000A0HL8N9), a leading manufacturer of gas-driven combined heat and power (CHP) systems, is restructuring to foster international growth. The parent company will now operate as a holding structure, with 2G Energietechnik GmbH focusing on sales, project management, and service in Germany. A new entity, 2G Heek GmbH, will handle production and procurement, starting operations next year.

The company has reported a 14% increase in new orders in Q2, reaching EUR 41.9 million, up from EUR 36.7 million last year. This growth is driven by strong market performance in the USA, supported by the Inflation Reduction Act and a bolstered sales team.

2G Energy AG's future legal implementation is expected to be completed by mid-2025. The new structure aims to stabilize and streamline processes, aligning with the company's growth expectations of around 10% annually, adjusted for inflation, fueled by both traditional and emerging international markets.