WOLFTANK-ADISA HOLDING AG Wolftank Group (Wolftank-Adisa Holding AG, ISIN: AT0000A25NJ6), specialized in technologies for energy and environmental solutions, has signed a cooperation agreement with Molgas Energia Italia. The Molgas Group is a leading company in the energy services sector, distributing liquefied natural gas (LNG) and delivering it to places not reached by gas pipelines. A strong Southern European player, Molgas is now strengthening its presence through organic growth and acquisitions across Europe. The globally active Wolftank Group develops and implements state-of-the-art technologies as well as infrastructure solutions for zero-emission mobility, including the delivery of turnkey, modular hydrogen and LNG refueling facilities.
The two companies plan to jointly establish a double-digit number of LNG and hydrogen refueling stations in European markets. The initial target areas are Spain, Italy, Germany, France, Austria and Slovakia. The corresponding memorandum of understanding was signed by the two companies today. "To enable sustainable mobility across all regions, there is an urgent demand for the necessary infrastructure. In this respect, there is a massive catch-up need throughout Europe. Through our cooperation, we want to make renewable energies more widely available. As a technology partner of Molgas, we contribute with our decades of expertise in the construction of hydrogen and LNG refueling facilities", says Peter Werth, CEO of the Wolftank Group.
The cooperation with Molgas is a next, important step in Wolftank Group's expansion strategy. With strong partnerships, most recently with the leading Italian telecom provider TIM, with SFC Energy, the Q8 Group, the gas supplier Snam, as well as through the acquisition of 50 percent of the Italian company Mares, the Group is consistently expanding its positioning in the field of renewable energies.
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.
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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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Wolftank Adisa Holding AG published this content on 07 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 June 2022 09:41:03 UTC.
