Wolf­tank Group and APEX Group coope­ra­te on further expan­si­on of hydro­gen activities

Wolf­tank Group, a leading inter­na­tio­nal expert in envi­ron­men­tal tech­no­lo­gy and full-service pro­vi­der for gas sta­ti­ons, based in Inns­bruck, is taking the next step to expand its acti­vi­ties in climate-friend­ly (bio) natural gas and (green) hydro­gen solu­ti­ons. After a recent­ly announ­ced coope­ra­ti­on with Kuwait Petro­le­um Italia, Wolf­tank Group has now agreed on a coope­ra­ti­on with the German APEX Group.

The APEX Group, based in Rostock-Laage, Germany, is an expert in com­mer­cial hydro­gen plants: the company focuses on cus­to­mi­sed hydro­gen solu­ti­ons for decen­tra­li­sed green energy supply and is an actve par­ti­ci­pant in the field of hydro­gen pro­duc­tion. Wolf­tank Group, in turn, has a high level of exper­ti­se in the field of hydro­gen storage and trans­port. APEX is already working on the rea­li­sa­ti­on of 12 pro­jects for hydro­gen energy supply, each of which include refu­el­ling faci­li­ties for vehicles.
The two com­pa­nies have signed a coope­ra­ti­on agree­ment with the aim of ensu­ring an inter­di­sci­pli­na­ry tech­no­lo­gy trans­fer between hydro­gen solu­ti­ons for mobi­li­ty and solu­ti­ons for decen­tra­li­sed green energy supply for indus­tri­al and neigh­bour­hood solu­ti­ons. The coope­ra­ti­on will focus on hydro­gen refu­el­ling sta­ti­ons for com­mer­cial vehi­cles and buses (with 350bar) and pas­sen­ger cars (with 700bar) as well as inte­gra­ted solu­ti­ons for upgrading exis­ting refu­el­ling sta­ti­ons. Wolf­tank and APEX thus aim to make a com­pe­ti­ti­ve con­tri­bu­ti­on to the decar­bo­ni­sa­ti­on of Germany and its neigh­bou­ring markets.

“The Wolf­tank Group has built up high exper­ti­se in crea­ting sus­tainab­le and effi­ci­ent energy solu­ti­ons. The coope­ra­ti­on with Apex is another mile­stone on this path. Our common goal is a CO2-free energy supply with holistic, inno­va­ti­ve solu­ti­ons. In the future, our cus­to­mers will benefit from our com­bi­ned strengths, whose energy solu­ti­ons we will opti­mi­se tog­e­ther, espe­cial­ly in the DACH region. The­re­with we offer a sub­stan­ti­al reduc­tion of the CO2 foot­print, signi­fi­cant savings in energy and ope­ra­ting costs and a more resour­ce-friend­ly plant uti­li­sa­ti­on”, says Peter Werth, CEO of the Wolf­tank Group. The coope­ra­ti­on fits seam­less­ly into Wolftank’s cor­po­ra­te and sus­taina­bi­li­ty strategy.

About APEX Group:

APEX Group is one of the pioneers of the green energy tran­si­ti­on move­ment. The company has its head­quar­ters in Rostock/Laage. It enables cus­to­mers to convert their own and con­ven­tio­nal energy supply to green hydro­gen in a decen­tra­li­sed manner. This inclu­des project deve­lo­p­ment, pro­cu­re­ment and con­struc­tion as well as manage­ment and main­ten­an­ce. In recent years, the APEX Group has deve­lo­ped its own hydro­gen pres­su­re storage systems tog­e­ther with the Fraun­ho­fer Insti­tu­te to ensure a reli­able supply. Tog­e­ther with estab­lis­hed rese­arch insti­tu­ti­ons (espe­cial­ly the Leibniz Insti­tu­te for Cata­ly­sis), the Rostock-based company is cur­r­ent­ly deve­lo­ping the next major inno­va­ti­on: the che­mi­cal storage of hydro­gen. In March 2021, the company com­mis­sio­ned the largest network-coupled hydro­gen plant in Europe at that time. This will enable the APEX Group to supply its company site and, in the future, the neigh­bou­ring indus­tri­al park com­ple­te­ly CO2-neutral.

About Wolf­tank-Adisa Holding AG:

Wolf­tank-Adisa Holding AG is the parent company of an inter­na­tio­nal group of com­pa­nies focu­sing on the turnkey con­struc­tion of modular hydro­gen and LNG fuel­ling faci­li­ties, the dis­mant­ling of tra­di­tio­nal fuel­ling sta­ti­ons with appro­pria­te soil reme­dia­ti­on (envi­ron­men­tal pro­tec­tion ser­vices for pol­lu­t­ed soils, faci­li­ties and waters), and the reme­dia­ti­on and moni­to­ring of (large-scale) fuel­ling facilities.

The share of Wolf­tank-Adisa Holding AG (WKN: A2PBHR; ISIN: AT0000A25NJ6) is listed in the direct market plus segment of Vienna Stock Exchan­ge and traded (open market) on Xetra, Quotrix, the Frank­furt, Munich and Düs­sel­dorf stock exchanges.

Here you can find the cor­po­ra­te news as download:

 

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.

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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