Nucera targets primary proceeds of up to 600 mln euros Offering expected to be completed before summer break Offering will primarily consist of new shares De Nora shares -0.9%, Thyssenkrupp +0.3% FRANKFURT/DUESSELDORF : Thyssenkrupp (TKAG.DE) launched on Monday the long-awaited listing of its hydrogen division Nucera, suggesting its new chief executive intends to waste no […]
Thyssenkrupp Pursues IPO of $5.7 Billion Hydrogen Unit – EQ Mag Pro
Hydrogen business rebranded Nucera Nucera could be floated in IPO in spring Nucera had sales of 319 mln euros, EBIT of 27 mln in 2020/21 FRANKFURT/DUESSELDORF : Thyssenkrupp’s (TKAG.DE) electrolysis business is aiming for proceeds of up to 600 million euros ($687 million) by selling new shares in a possible initial public offering this year, […]
Thyssenkrupp Bets Big on Green Hydrogen Business – EQ Mag Pro
German giant Thyssenkrupp is betting big on the production of green hydrogen thanks to its exclusive electrolyser technology in India at a time when plans are underway at headquarters to sell its hydrogen business and bring it soon to the stock exchanges. The company informs that there is a growing demand for electrolyser technology globally […]
Thyssenkrupp, RWE plan hydrogen mass production venture
While several pilot projects have been launched in the field, the planned cooperation between the two sector leaders is aimed at using green hydrogen, created by using power from renewable sources, for the commercial production of steel DUESSELDORF/FRANKFURT: German utility RWE plans to mass produce hydrogen from renewable energy sources as part of a supply […]
