EQS-News: Wolftank Group secures multi-million euro deal for pioneering hydrogen train refueling in Northern Italy

EQS-News: Wolftank-Adisa Holding AG / Key word(s): Incoming
   Orders/Contract
   Wolftank Group secures multi-million euro deal for pioneering hydrogen
   train refueling in Northern Italy

   30.11.2023 / 11:42 CET/CEST
   The issuer is solely responsible for the content of this announcement.

   ══════════════════════════════════════════════════════════════════════════

   Press release                                                             
                                                  Innsbruck, 30 November
   2023 

   Wolftank Group secures multi-million euro deal for pioneering hydrogen
   train refueling in Northern Italy

   Wolftank Group (Wolftank-Adisa Holding AG, ISIN: AT0000A25NJ6),
   specializing in energy and environmental technologies,
   has obtained a major contract from Siram Veolia to design and build a
   hydrogen refueling infrastructure for a railway company near Lake Iseo in
   northern Italy, on a total tender base of EUR 19.5 mn. This significant
   order assigned by Siram Veolia marks another milestone in Wolftank Group’s
   growing portfolio in public transport refueling.

   Following the [1]major order by TPER, an Italian public transport
   provider, for hydrogen bus refueling in the Emilia Romagna region,
   Wolftank Group continues to demonstrate its leadership and innovation in
   hydrogen fueling solutions. The new project involves the design and
   construction of a state-of-the-art hydrogen refueling plant for trains
   using Wolftank Group's advanced technologies and software solutions. The
   first hydrogen-powered train is expected to be delivered in 2024, with
   five more trains operational by spring 2025. The facility is expected to
   be fully operational by April 2025.

   Leveraging years of expertise, Wolftank Group has positioned itself as a
   European pioneer in hydrogen refueling infrastructure. This includes the
   establishment of Italy's first fast refueling hydrogen station for buses
   and the provision of mobile hydrogen refueling solutions as well as backup
   systems for telecommunications. The Group's expertise was recently
   showcased during the [2]test run of the first hydrogen train in Bavaria,
   where Wolftank Group managed the refueling process.

   "Supported by EU infrastructure funds, we are witnessing the beginning of
   a hydrogen revolution across Europe. The production of green hydrogen is
   in full swing, as is the construction of hydrogen-powered vehicles. The
   last step - refueling - is increasingly gaining importance. We offer
   optimal solutions, currently focusing on buses, trucks and now trains.
   This contract, which accounts for about half of the total volume of the
   tender, strengthens our leading position in this area," says Peter Werth,
   CEO of Wolftank Group. "We are also seeing a surge in orders in the field
   of intralogistics. The use of hydrogen-powered forklifts is on the rise as
   the industry aims to reduce the CO[2] footprint of industrially
   manufactured products."

   Wolftank Group's commitment to sustainability and innovation continues to
   drive its success in the rapidly evolving hydrogen fuel sector,
   positioning the company at the forefront of Europe's green energy
   transition.

   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. Further information: [3]www.wolftankgroup.com

   Contact:
   Wolftank-Adisa Holding AG
   phone: +43 (512) 345726
   email: [4][email protected]

   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.

    

   ══════════════════════════════════════════════════════════════════════════

   30.11.2023 CET/CEST This Corporate News was distributed by EQS Group AG.
   www.eqs.com

   ══════════════════════════════════════════════════════════════════════════

   Language:    English
   Company:     Wolftank-Adisa Holding AG
                Grabenweg 58
                6020 Innsbruck
                Austria
   Phone:       +43 512 345726
   E-mail:      [email protected]
   Internet:    www.wolftankgroup.com
   ISIN:        AT0000A25NJ6
   WKN:         A2PBHR
   Listed:      Vienna Stock Exchange (Vienna MTF)
   EQS News ID: 1785319

   Weitere Handelsplätze: München Freiverkehr m:access Frankfurt Freiverkehr,
   XETRA

    
   End of News EQS News Service


   1785319  30.11.2023 CET/CEST

References

   Visible links
   1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=2c5f70af80420e10b29fdf971aca718e&application_id=1785319&site_id=apa_ots_austria&application_name=news
   2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=f8bf6cd8e1f6062aa3a446396aa14966&application_id=1785319&site_id=apa_ots_austria&application_name=news
   3. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=196d7e204b120a4332efb25c48dab20f&application_id=1785319&site_id=apa_ots_austria&application_name=news
   4. mailto:[email protected]

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT |

print