04.09.2014
2G Energy AG DE000A0HL8N9
DGAP-News: 2G Energy AG: The LichtBlick SE sales team for 'ZuhauseKraftwerk' smaller power stations moves to 2G
DGAP-News: 2G Energy AG / Key word(s): Strategic Company
Decision/Sales Result
2G Energy AG: The LichtBlick SE sales team for 'ZuhauseKraftwerk'
smaller power stations moves to 2G
04.09.2014 / 07:28
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Corporate News
2G Energy AG: The LichtBlick SE sales team for "ZuhauseKraftwerk" smaller
power stations moves to 2G
- Considerable increase in sales figures for 2G G-Boxes expected in
Germany thanks to comprehensive sales and service areas
Heek, Germany, September 4, 2014 - 2G Energy AG (ISIN DE000A0HL8N9), a
leading manufacturer of cogeneration systems, is significantly expanding
its sales team and taking over the LichtBlick SE sales network. The energy
provider stopped selling ZuhauseKraftwerk-type cogeneration modules in May.
Independently of this decision, the 1,000 ZuhauseKraftwerk smaller power
plants operated by LichtBlick itself will continue to be serviced directly
by the energy provider and its service partners.
The sales team of more than 20 members is to reinforce the 2G sales team
for the G-Box 20 (20 kWel and up to 43 kWth) and G-Box 50 (50 kWel and up
to 100 kWth). The former LichtBlick sales team members will contribute both
their professional experience and a technical understanding of cogeneration
systems. Before this time, they had been selling the LichtBlick
ZuhauseKraftwerk systems with electrical output of 20 kW. The LichtBlick
team is being integrated into 2G Home GmbH, which is responsible for the
sales and organization of the system service area through regional firms in
the sanitation, heating, and cooling trade (SHC) in this power range. By
expanding the sales area, 2G wants to more intensively address the target
groups: the housing industry, hotels, health sector, swimming pools,
shopping centers, medium-sized industry and the trade, and also
significantly increase the sales figures for its own 2G cogeneration
systems (no contracting agreements). As a rule, these target groups have a
large, often continuous, need for heat and cooling. With the 2G
cogeneration systems, they can significantly reduce their energy costs over
the long run and make these costs calculable.
Within the framework of the strengthened sales team, 2G will guarantee
service for the G-Box 20 and G-Box 50 throughout Germany through
partnerships with local SHC companies. The G-Boxes are well-engineered,
established cogeneration systems. 2G routinely provides the service force
with training on expert commissioning and maintenance of the G-Boxes.
Drawing on the established contacts of the SHC operations, 2G promises
improved customer access and consequently better market penetration.
2G will generally be using the intensified sales area and the service
partnerships to expand its mass production thanks to higher production unit
runs for the G-Boxes. These economies of scale will enable considerable
unit costs reductions.
2G Energy AG company profile
2G Energy AG is amongst the world's leading manufacturer of cogeneration
systems (CHP) for decentralized energy production and supply by means of
combined heat and power. The company's product portfolio includes systems
with an electrical capacity between 20 kW and 4,000 kW for the operation
with natural gas, biogas or bio methane. So far, 2G was able to
successfully install thousands of CHPs in 25 countries. Especially, in the
performance range of 50 kW to 550 kW 2G possesses own technological
combustion engine concepts characterized by low specific fuel consumptions.
Next to the main production site at its headquarter 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 farmers to
industrial clients, municipalities, real estate industry, up to municipal
utilities and big utility companies. The high level of customer
satisfaction is founded on the close-knit service network as well as the
high technical quality and performance of 2G power stations. Thanks to the
combined heat and power performance they achieve an overall degree of
efficiency between 85 percent and well above 90 percent. To further enlarge
the technologically leadership the company continuously invests in its R&D
activities for gas engines for the use of natural gas, biogas and synthetic
gases (e.g. hydrogen). Next to the construction of combined heat and power
stations, the company, located in Westphalia in the north-west of Germany,
offers integrated solutions reaching from the planning stage and
installations to serial service and maintenance work. Due to its decentral
locations, scalability and projectable availability combined heat and power
stations shall play a crucial role as part of intelligent networked energy
systems - so called virtual power stations - within the ongoing switch to
clean energy.
In the context of Germany's new energy policy, CHPs within smart grids -
so-called virtual power plants - are becoming rapidly important due to
their predictable availability. 2G Energy (ISIN DE000A0HL8N9) is listed in
the Entry Standard of Deutsche Börse AG. The share capital amounts to EUR
4,430,000, and is split into 4,430,000 shares. As of December 31, 2013, the
company's founders held 55.9 % of the shares, with the free float amounting
to 43.9 %. In 2013 financial year (January 1 to December 31), 2G Energy
generated EUR 126.1 million of revenues, EUR 3.1 million of earnings before
interest and tax (EBIT), and EUR 1.0 million of net income. The company
employs 518 staff as of 31 Dec., 2013.
Forthcoming events in 2014
Sept. 30, 2014 Publication of the half-yearly consolidated financial
statements as of June 30, 2014
Nov. 25-26, 2014 Deutsches Eigenkapitalforum 2014, Frankfurt
Further information: www.2-g.de
Investor relations contact
2G Energy AG
Benzstr. 3
48619 Heek
Germany
Telephone: +49 (0) 2568 93 47-2795
Fax: +49 (0) 2568 93 47-15
E-mail: [email protected]
Internet: www.2-g.de
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service of EQS Group AG.
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Language: English
Company: 2G Energy AG
Benzstr. 3
48619 Heek
Germany
Phone: +49 (0)2568-9347-0
Fax: +49 (0)2568-9347-15
E-mail: [email protected]
Internet: www.2-g.de
ISIN: DE000A0HL8N9
WKN: A0HL8N
Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Frankfurt in
Open Market (Entry Standard)
End of News DGAP News-Service
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