Shares of TECO 2030 successfully listed
Lysaker, Norway, 12 October 2020: TECO 2030 ASA (OSE: TECO-ME) today started trading on Merkur Market, a multilateral trading facility operated by the Oslo Stock Exchange, giving investors an opportunity to invest in the transformation of the world’s shipping fleet to zero emissions.
“This is the first page of a new chapter for TECO 2030. The listing gives us a platform from which we can work even more effectively to support the shipping industry’s move from yesterday’s technology to the technology of the future, hydrogen-based fuel cells.,” said Tore Enger, CEO of TECO 2030 ASA.
TECO 2030 develops the TECO Marine Fuel Cell, a modular hydrogen Proton Exchange Membrane fuel cell system specifically designed for heavy-duty marine applications, offering emission free propulsion by using hydrogen as fuel. The company also supplies other technology products aimed at reducing the environmental footprint of the shipping industry.
The listing follows a public share offering raising NOK 80 million at a price of NOK 40 per share, corresponding to a pre-money equity value of NOK 400 million. Following the offering, the company has more than 450 new shareholders.
For further information please visit www.teco2030.no.
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Tore EngerCEO
Tel:+47 920 83 800tore.enger@teco.noImages
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About TECO 2030 ASA
TECO 2030 (OSE: TECO) tackles one of the biggest environmental challenges of our time: How to reduce emissions from increasing freight volumes. The shipping industry can move to zero emissions by implementing new technologies, with hydrogen-based fuel cells as the ultimate solution. TECO 2030 – powering the maritime industry's transition to renewable energy.
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Latest releases from TECO 2030 ASA
Invitasjon til åpent møte i Narvik 2. august: TECO 2030s nye innovasjonssenter i Narvik og dets betydning for Nord-Norge8.7.2021 15:20:55 CEST | Presseinvitasjon
Vi i TECO 2030 åpner en ny fabrikk i Narvik neste år, og er nå i gang med å gjøre klart bygget som skal huse vår nye brenselcellefabrikk og innovasjonssenter. I samarbeid med NHO Nordland og Narvikregionen Næringsforening inviterer vi derfor til et åpent møte i Narvik 2. august.
TECO 2030 og Implenia har fått Enova-støtte til å utvikle nullutslippsløsninger for byggeplasser6.7.2021 07:00:00 CEST | Pressemelding
(Lysaker, 6. juli 2021): Det norske teknologiselskapet TECO 2030 og infrastrukturentreprenøren Implenia Norge har blitt tildelt støtte fra Enova til å utvikle og teste hydrogendrevne løsninger som vil bidra til å redusere klimagassutslippene fra byggeplasser.
TECO 2030 and Implenia have been awarded public funding for developing zero-emission construction site solutions6.7.2021 07:00:00 CEST | Press release
(Lysaker, Norway, 6 July 2021): Cleantech company TECO 2030 and infrastructure contractor Implenia Norway have been granted funding by the Norwegian state enterprise Enova to jointly develop and pilot hydrogen-powered solutions that will eliminate emissions at construction sites.
TECO 2030 flytter inn i sin nye gigafabrikk i Narvik1.7.2021 14:55:51 CEST | Pressemelding
(Lysaker, 1. juli 2021): Det norske teknologiselskapet TECO 2030, som utvikler løsninger som skal bidra til å kutte utslippene til skip og annen tungtransport, overtar i dag sine nye fabrikklokaler i Narvik. Arbeidet med å gjøre klar brenselcellefabrikken begynner nå for fullt.
TECO 2030 moves into its new giga factory for fuel cell production in northern Norway1.7.2021 14:55:50 CEST | Press release
(Lysaker, Norway, 1 July 2021): The Norwegian cleantech company TECO 2030, which is developing solutions to help cut emissions from ships and other heavy-duty applications, has today taken over the building that will become home to its new fuel cell giga factory in Narvik in northern Norway.
TECO 2030 ASA has commenced trading on the U.S. OTCQB Venture Market30.6.2021 14:01:42 CEST | Press release
(Lysaker, Norway, 30 June 2021): TECO 2030 ASA has been approved to trade on the U.S. OTCQB Market under ticker symbol TECFF, making the company’s shares more accessible to American investors.
TECO 2030 to cooperate with Chart Industries, Inc. on developing marine carbon capture and storage solutions14.6.2021 12:18:54 CEST | Press release
(Lysaker, Norway and Atlanta, GA, USA, 14 June 2021) TECO 2030 ASA (OSE: TECO) has signed a Memorandum of Understanding with Chart Industries, Inc. (“Chart”) (NYSE: GTLS) to jointly develop technological solutions that will capture carbon dioxide (CO₂) emitted by ships and subsequently store it in liquid form.
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