Green hydrogen company H2PLT, founded by Sisco Sapena, files to go public on Spain’s BME Scaleup
21 11월 2023 - 2:53AM
Green hydrogen company H2PLT has officially filed its application
to go public on BME Scaleup, the new trading segment of Spain's
stock exchange.
The renewable energy company, founded by
well-known entrepreneur Sisco Sapena, also founder and CEO of
Lleida.net (BME:LLN) (EPA:ALLLN) (OTC:LLEIF), expects to raise
around 15 million euros in the coming months and plans to ring the
bell between December this year and January 2024.
According to Sapena, "Going public on BME
Scaleup is a key step in our path towards growth and consolidation
of a new ecosystem model in the field of green hydrogen."
H2PLT has developed a modular and replicable
green hydrogen mini-generation ecosystem, which uses hydrogen as a
reelectrification vector and in applications in electro-powered
stations.
Its business model is based on the sale of
hydrogen created by solar energy, its conversion into electricity
during the night, and its sale to the wholesale market or through
its own network of electro-power stations.
The company's Power-to-Power system allows green
hydrogen to be converted into electricity through fuel cells.
The company focuses on promoting electrified
mobility through "H2aX" applications and the development of small
photovoltaic plants exclusively for green hydrogen generation.
It uses small PV farms and surplus solar
electricity to produce green hydrogen by electrolysis, storing it
and converting it into electricity when needed and cheaper.
H2PLT has built, in the past few months, one of
the largest electric recharging stations in Spain at the El
Pedernoso Solar Park, Cuenca, equipped with 24 connection
points.
At El Pedernoso, the company owns 80 hectares in
the Spanish province of Cuenca, with access to water and the
capacity to house a total of 14 hydrogen mini-generation modules,
with plans to produce up to 2.5 tons of hydrogen per day.
At full capacity, this facility will be able to
generate 40 MW of electricity, enough to power more than 160,000
people per year.
H2PLT's application to list on BME Scaleup comes
at a time when green hydrogen is being recognized globally as a key
pillar of the energy transition and the fight against climate
change.
"The production and use of green hydrogen will
be fundamental to decarbonize key sectors of our economy such as
transportation, industry, and power generation," said Sisco Sapena,
CEO of H2PLT.
"Our goal is to be an important part of this
energy and environmental transition by democratizing access to
green hydrogen and its applications. The technology is already
available, and our innovative business model will make this
sustainable solution accessible to the most promising regions of
Spain and Europe," he added.
Over the next five years, H2PLT will seek to
raise 85 million euros over the next few years to expand its
production capacity throughout Spain.
The energy company's seven-person team includes
internationally renowned specialists in the field of fuel cells.
The company seeks to expand its market reach and attract investors
committed to ESG investment criteria.
Sisco Sapena is known for having founded the
technology company Lleida.net, a European leader in the certified
electronic signature industry, which holds more than 300 patents in
more than 60 countries in the field of certified electronic
signature, notification, and contracting. Lleida.net is currently
listed on BME Growth in Madrid, Euronext Growth in Paris, OTCQX in
New York, and Frankfurt.
BME Scaleup is a new segment aimed at growth
companies, which aims to provide the necessary transparency to
investors and simplify the incorporation requirements for
companies. It was announced in July of this year.
In preparation for its listing, H2PLT has been
advised by Solventis as a registered advisor and will be its
liquidity provider.
Company Website: https://h2plt.energy/
DISCLAIMER
This press release contains statements regarding
the future of the Lleida.net company and its innovations.
Statements regarding the future may be accompanied by words such as
"anticipate", "believe", "estimate", "wait", "anticipate",
"pretend", "power", "plan", "potential", the use of future time and
other terms of similar meaning. No undue reliance should be placed
on these claims. These statements involve risks and uncertainties
that could cause actual results to differ materially from those
reflected in such statements, including uncertainty of the
company's commercial success, ability to protect our intellectual
property rights, and other risks. These statements are based on
current beliefs and forecasts and refer only to the date of this
press release. The company assumes no obligation to publicly update
its forward-looking statements, regardless of whether new
information, future events or any other circumstance
arise.
Media Requests: info@h2plt.energy
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