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Green Hydrogen Systems to launch IPO to scale-up hydrogen production
© Green Hydrogen Systems

Green Hydrogen Systems to launch IPO to scale-up hydrogen production

Green Hydrogen Systems has revealed today (May 27) its intention to launch an initial public offering (IPO) on Nasdaq Copenhagen with the funds raised from this set to scale up its green hydrogen production.

The company is a leading provider of efficient, standardised and modular electrolysers used in on-site green hydrogen production, by launching an IPO the company could scale up its projects and even support new ventures.

Based on current plans, the net proceeds from the contemplated IPO will be sufficient to launch the company’s X-Series electrolysers and potentially cover capital needs to continue growing the company until the end of 2025.

Read more: Green Hydrogen Systems technology selected for wind-to-hydrogen demo

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