DGAP-News

2G Energy AG starts the year 2017 with tailwind - Seite 2

Switching to this segment will bring additional obligations aimed at further enhancing transparency which, however, have been familiar territory for 2G for years. 2G Energy AG satisfies Deutsche Börse AG's requirement to hold an annual analyst and investor conference by participating in the German Equity Forum in Frankfurt. This is supplemented by requiring mandatory coverage by two providers determined by Deutsche Börse. 2G already has commissioned several analyst firms with conducting research since many years, with other reports also being published on a voluntary basis. It should be mentioned that the in future additional qualitative as well as quantitative research will not include investment recommendations. Another novelty is the extended period of four months for publishing the half-yearly report. 2G will, however, adhere to its former practice, which will mean the interim financial report will be released at the end of September 2017, as usual.


2G company portrait

2G Energy AG ranks among the world's leading manufacturers of cogeneration (CHP) systems for decentralized energy production and supply by means of combined heat and power. The company's product portfolio includes systems with electric capacity between 20 kW and 4,000 kW for operation with natural gas, biogas, biomethane and other lean gases. 2G has successfully installed several thousand CHP systems in 40 countries to date. Especially in the 50 kW to 550 kW performance range, 2G commands proprietary technological combustion engine concepts characterized by low specific fuel consumptions, high operational availability and optimized service intervals. Besides the main production site at the Group headquarters in Heek, Germany, the company has invested in an additional production and sales & service site in St. Augustine, Florida, USA. 2G's customers range from agricultural and industrial operations, local authorities, and the residential sector through to municipal utilities and large-scale utilities. The high level of customer satisfaction is founded on a dense service network as well as 2G power stations' high technical quality and performance. These power stations achieve an overall degree of efficiency from 85 percent and to well above 90 percent thanks to the combined heat and power performance.