Shares of TECO 2030 successfully listed
“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) accelerates the green transition in the maritime sector by delivering technology that helps ships to reduce their environmental and climate impacts. TECO 2030 is developing hydrogen fuel cells that enable ships and other heavy-duty applications to become emissions-free. The company is also developing other solutions that can help the maritime industry to reduce its emissions, such as exhaust gas cleaning and carbon capture systems for ships. TECO 2030 was founded in 2019 and is headquartered at Lysaker, Norway. The company is listed on Euronext Growth on Oslo Stock Exchange under TECO. TECO 2030 has its roots in the TECO Maritime Group, a group that has provided technology and repair services to the global shipping industry since 1994. For more information, please visit www.teco2030.no.
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Latest releases from TECO 2030 ASA
Åpent brev til Næringsdepartementet – 27. September 202427.9.2024 07:00:00 CEST | Pressemelding
Kjære Næringsminister Cecilie Myrseth, og relevante mottakere, Med referanse til gårsdagens pressemelding fra TECO 2030, har vi annonsert en strategiendring som innebærer at selskapet vil starte å se etter vekstmuligheter utenfor Norges grenser.
TECO 2030 kunngjør strategisk skifte til global leverandør av brenselcelleteknologi26.9.2024 07:00:00 CEST | Pressemelding
(Lysaker, Norge, 26. september 2024) – TECO 2030 er begeistret over å kunngjøre et strategisk skifte fra å produsere brenselceller i Norge i dag til å posisjonere seg som en global teknologileverandør. Ved å tilby lisensavtaler til internasjonale partnere er TECO 2030 klar til å akselerere den globale adopsjonen av sin brenselcelleteknologi for tungtransport. Dette skiftet gjør det mulig for selskapet å fokusere på sin kjernekompetanse for å låse opp nye vekstmuligheter internasjonalt. Produksjonen av stacker kan fortsatt finne sted i Norge.
TECO 2030 Announces Strategic Shift to Global Fuel Cell Technology Provider26.9.2024 07:00:00 CEST | Press release
(Lysaker, Norway, September 26th, 2024) – TECO 2030 is excited to announce a strategic shift from manufacturing fuel cells in Norway at present, to positioning itself as a global technology provider. By offering licensing agreements to international partners, TECO 2030 is poised to accelerate the global adoption of its fuel cell technology in heavy-duty applications. This shift allows the company to focus on its core technology to unlock new international growth opportunities. Stack production might still take place in Norway.
Samskip joins TECO 2030’s Horizon Europe project “HyEkoTank”30.8.2024 07:00:00 CEST | Press release
(Lysaker, Norway, August 30th 2024): TECO 2030 (OSE: TECO, OTC: TECFF, ISIN: NO0010887516) and the HyEkoTank consortium are proud to announce that Samskip has been formally approved by the EU as partner in the HyEkoTank project. The consortium also announces that the vessel to be retrofitted with their zero-emission technology will be Samskip’s MPP vessel Kvitnos. Samskip Kvitnos, built in 2015, is a cargo ship which operates in a fixed route on a weekly multipurpose service from Rotterdam, along the Norwegian west coast, all the way north to Hammerfest.
TECO 2030, BLOM Maritime and Samskip receive ENOVA grant to retrofit Samskip LNG Vessel with fuel cells and hydrogen fuel14.6.2024 07:00:00 CEST | Press release
(Lysaker, Norway, June 14th 2024): TECO 2030 (OSE: TECO, OTC: TECFF, ISIN: NO0010887516) together with BLOM Maritime and Samskip receive a grant for a pre-project aiming to retrofit Samskip’s vessel Kvitnos with TECO 2030 fuel cells and hydrogen fuel.
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