EQS-News: Wolftank-Adisa Holding AG / Key word(s): Incoming
Orders/Contract
Wolftank Group secures multi-million euro deal for pioneering hydrogen
train refueling in Northern Italy
30.11.2023 / 11:42 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Press release
Innsbruck, 30 November
2023
Wolftank Group secures multi-million euro deal for pioneering hydrogen
train refueling in Northern Italy
Wolftank Group (Wolftank-Adisa Holding AG, ISIN: AT0000A25NJ6),
specializing in energy and environmental technologies,
has obtained a major contract from Siram Veolia to design and build a
hydrogen refueling infrastructure for a railway company near Lake Iseo in
northern Italy, on a total tender base of EUR 19.5 mn. This significant
order assigned by Siram Veolia marks another milestone in Wolftank Group’s
growing portfolio in public transport refueling.
Following the (1)major order by TPER, an Italian public transport
provider, for hydrogen bus refueling in the Emilia Romagna region,
Wolftank Group continues to demonstrate its leadership and innovation in
hydrogen fueling solutions. The new project involves the design and
construction of a state-of-the-art hydrogen refueling plant for trains
using Wolftank Group’s advanced technologies and software solutions. The
first hydrogen-powered train is expected to be delivered in 2024, with
five more trains operational by spring 2025. The facility is expected to
be fully operational by April 2025.
Leveraging years of expertise, Wolftank Group has positioned itself as a
European pioneer in hydrogen refueling infrastructure. This includes the
establishment of Italy’s first fast refueling hydrogen station for buses
and the provision of mobile hydrogen refueling solutions as well as backup
systems for telecommunications. The Group’s expertise was recently
showcased during the (2)test run of the first hydrogen train in Bavaria,
where Wolftank Group managed the refueling process.
“Supported by EU infrastructure funds, we are witnessing the beginning of
a hydrogen revolution across Europe. The production of green hydrogen is
in full swing, as is the construction of hydrogen-powered vehicles. The
last step – refueling – is increasingly gaining importance. We offer
optimal solutions, currently focusing on buses, trucks and now trains.
This contract, which accounts for about half of the total volume of the
tender, strengthens our leading position in this area,” says Peter Werth,
CEO of Wolftank Group. “We are also seeing a surge in orders in the field
of intralogistics. The use of hydrogen-powered forklifts is on the rise as
the industry aims to reduce the CO(2) footprint of industrially
manufactured products.”
Wolftank Group’s commitment to sustainability and innovation continues to
drive its success in the rapidly evolving hydrogen fuel sector,
positioning the company at the forefront of Europe’s green energy
transition.
About Wolftank Group
Wolftank Group is a leading technology partner for energy and
environmental solutions operating worldwide. In the field of energy
mobility and logistics, the Group supports customers in more than 20
countries to implement projects in an efficient and environmentally
friendly way. For this, it develops and implements tomorrow’s technologies
to decarbonize transport and build the infrastructure for zero-emission
mobility – such as turnkey delivery of modular hydrogen and LNG refueling
facilities. In the area of environmental solutions, the offering includes
due diligences for environmental risks, customized services for soil and
groundwater remediation, as well as recycling. The group’s subsidiaries in
eight countries on three continents are managed by Wolftank-Adisa Holding
AG, based in Innsbruck, Austria. The share of Wolftank-Adisa Holding AG
(WKN: A2PBHR; ISIN: AT0000A25NJ6) is listed in the direct market plus
segment of the Vienna Stock Exchange AG and in the m:access of the Munich
Stock Exchange and is traded on Xetra, the Frankfurt and Berlin Stock
Exchanges. Further information: (3) www.wolftankgroup.com
Contact:
Wolftank-Adisa Holding AG
phone: +43 (512) 345726
email: (4)investor-relations@wolftankgroup.com
Disclaimer:
This communication contains forward-looking statements based on current
knowledge, expectations, and projections of Wolftank-Adisa Holding AG’s
management about the future. All statements are subject to potentially
uncertain assumptions and risks that could cause actual results to differ
materially from those expressed or implied by such statements. Such
statements can be identified using words such as “expect”, “plan”,
“anticipate”, “target”, “estimate”, “assume” or similar. Consequently,
statements relating to the future are only valid at the time they are
made. The Company does not assume any obligation to adjust, correct or
monitor statements made in this communication in the future.
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30.11.2023 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com
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Language: English
Company: Wolftank-Adisa Holding AG
Grabenweg 58
6020 Innsbruck
Austria
Phone: +43 512 345726
E-mail: investor-relations@wolftankgroup.com
Internet: www.wolftankgroup.com
ISIN: AT0000A25NJ6 WKN: A2PBHR Listed: Vienna Stock Exchange (Vienna MTF) EQS News ID: 1785319 Other trading venues: Munich Free Trade m:access Frankfurt Free Trade, XETRA End of News EQS News Service 1785319 11/30/2023 CET/CEST References Visible links 1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=2c5f70af80420e10b29fdf971aca718e&application_id=1785319&site_id=apa_ots_austria&application_name=news
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4. investor-relations@wolftankgroup.com