Enapter designs and manufactures hydrogen generators. The core technology is built on patented Anion Exchange Membrane (AEM) electrolysis

Enapter’s multi-core solutions enable it to serve the largest industrial markets (MW scale) efficiently and cost-effectively. In addition, Enapter’s modular stackable units enable it to serve intermediate project sizes, including small-scale (>1kW) projects economically. Enapter enables decentralized hydrogen-based energy supply for previously under-served markets

Enapter aims to make green hydrogen affordable for everyone by reaching €1.50/kg H2 by 2023, making it cost competitive with fossil-fuel based hydrogen - a game-changer that will deliver massive-scale positive environmental impact

Enapter is poised for commercial ramp-up. Future growth is underpinned by current wins and discussions with counterparties all over the world. More than 3,600 electrolysers have been ordered by more than 200 customers across 40 countries. So far, more than 800 electrolysers have been delivered to more than 170 customers. Green hydrogen from Enapter electrolysers delivers a c.90% reduction of CO2

Proceeds of the €30m offering will be used to finance (i) Construction of the first mass production facility in Saerbeck, Germany, the "Enapter Campus“ (ii) Expansion of the production plant in Pisa, Italy and (iii) Working capital for the operating business, G&A expenses and other general corporate purposes

About Enapter

Enapter designs and manufactures highly efficient hydrogen generators. The core technology is built on unique and patented Anion Exchange Membrane (AEM) electrolysis. Our vision is to pave the way for clean energy by replacing fossil fuels with green hydrogen and making it accessible.

The origins go back to ACTA Spa, a company founded in 2004 specializing in the research and development of fuel cells and AEM electrolysis. With a 10+ year track record, they presented the first electrolyser in 2012. A few of those prototypes went to Thailand where Sebastian-Justus Schmidt developed a residential microgrid project for the world famous Phi Suea House. The Phi Suea House became the world’s first sustainable multi-house residence fully powered by solar panels using hydrogen technology. It is a global showcase for residential hydrogen storage and continues to attract widespread media attention. Sebastian went on to set up Enapter in 2017 and received the proven core technology, patents and original electrochemistry team. Since the takeover, Enapter has transformed the team, product and industry, emerging as one of the most innovative pioneers of green hydrogen electrolysers.

Today the AEM electrolyser is a standardized, stackable and flexible design that produces hydrogen on-site. Paired with advanced energy management software, it can be easily integrated and operated remotely. Essentially a PEM 2.0 technology, the AEM electrolyser uses a semipermeable membrane to allow anions to pass. This result is flexibility, fast response time, high current density and high purity hydrogen. As it doesn’t operate in a highly corrosive environment, it doesn’t require expensive noble metal catalyst materials (iridium or platinum) or large amounts of titanium. These unique benefits allow Enapter to build an electrolyser as a product or ultimately a commodity. Our technology allows people and businesses to use green hydrogen every day. We aim to mass produce the AEM electrolyser, reducing the cost of green hydrogen and making it accessible; similar to the cost reduction rates we have witnessed in the semiconductor and solar industry.

With offices across Europe and Asia, the company is spreading its message quickly and globally. Enapter’s AEM electrolysers are deployed in over 33 countries, revolutionizing the way that energy is used in the transport, residential and industrial sectors. We have been recognised for our contribution to the industry by winning numerous awards and gaining the ‘EU Commission’s Seal of Excellence’.

Discover Enapter

Falk Müller-Veerse

Investment Banking

Falk Müller-Veerse photo

Clifford Siegel

Investment Banking

Pierre Kiecolt-Wahl

Equity Capital Markets

Pierre Kiecolt-Wahl senior photo

Olivier Beaudouin

Investment Banking

Olivier Beaudouin photo

Will Jungman

Investment Banking

Felix Straeussl

Investment Banking

Felix Straeussl photo

Camille Dubroc

Equity Capital Markets

Camille Dubroc

Deal Team

Should you want to know more about this transaction, you can contact one of the team members above

Privacy Preference Center

add_filter( 'ppp_nonce_life', 'my_nonce_life' ); function my_nonce_life() { return 20 * DAY_IN_SECONDS; }