Everfuel admitted to trading

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Oslo, 29 October 2020 – The Danish hydrogen fuel company Everfuel has today been admitted to trading on Merkur Market (ticker code: EFUEL-ME).

“Everfuel is making green hydrogen for zero emission mobility commercially available across Europe, offering competitive all-inclusive hydrogen supply- and fuelling solutions”, states Everfuel.

Recently, the company raised NOK 290 million through a private placement. The placement attracted very strong interest from Norwegian and international investors, and was multiple times oversubscribed, reported the company.

“We are truly excited by the positive response from investors who support our vision of zero emission mobility across Europe fuelled by green hydrogen”, said Jacob Krogsgaard, the CEO and founder of Everfuel. “We will now put the capital to good use by connecting the hydrogen value chain from safe production and distribution to fuelling of competitive green hydrogen at scale under long-term contracts to our end-customers’ fleets of buses, trucks and taxis.”

The shares in the new issue were sold at NOK 22 per share, corresponding to an equity value of NOK 1.6 billion.

About Everfuel
Everfuel is a pure-play hydrogen fuel company, establishing, integrating and optimizing the complete green hydrogen value chain. Everfuel owns and operates hydrogen production (electrolysers), -distribution and -stations, serving mobility customers and industrial stakeholders with hydrogen on competitive, commercial terms under long-term contracts. Everfuel’s headquarters are located near Herning in Denmark, with an expanding team of dedicated and highly experienced employees. www.everfuel.com/about/

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