Wolf­tank Group: Coope­ra­ti­on with Molgas to provide refu­el­ling systems for LNG and hydrogen

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.

Here you can find the cor­po­ra­te news as download:

Here you can find the cor­po­ra­te news in Italian lan­guage as download:

 

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.

About Wolftank Group

Wolftank-Adisa Holding AG is the parent company of an international group of companies focusing on the turnkey construction of modular hydrogen and LNG refuelling facilities, environmental protection services for polluted soils, facilities and waters, refurbishment and monitoring of (large) tank facilities as well as full-service engineering services for fuel supply facilities. The company is active worldwide and has various patented application technologies.

Note: All requirements of the Austrian Stock Exchange Act regarding the requirement of a formal admission of financial instruments for trading and issuer obligations on a regulated market for financial instruments traded on the Third Market do not apply, but in particular the requirements set out in Art. 17 (Publication of Insiders, Contract participation “direct market plus” | December 2018), Art. 18 (Insider Lists) and Art. 19 (Directors dealing) of the Market Abuse Ordinance (VO (EU) No. 596/2014) in connection with the obligations laid down in the respective national legal rules pursuant to the Stock Exchange Act and the prohibitions of Art. 14 (Insider Trading) and Art. 15 (Market Manipulation) of the Market Abuse Ordinance (VO (EU) No. 596/2014) in connection with the respective national legal rules pursuant to the Stock Exchange Act do apply.

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