INVESTOR RELATIONS

Climeon produces heat power systems, converting waste heat and geothermal heat
into clean electricity. We do business for a better world.
Here you can find financial information, share data and information about
Climeon's corporate governance.

COMPANY DESCRIPTION

Climeon's ambition is to contribute and support the global Sustainable Development Goals that were set in Paris 2015. This will help solve problems in our society and create a sustainable future. Energy plays a crucial role in achieving nearly all 17 sustainability goals. From energy’s role in defeating poverty through advancements in health, education, water supply and industrialization, to combating climate change. Efficient, clean and sustainable energy solutions are crucial for helping to achieve these advancements while at the same time reversing climate change.

Our mission is to do business for a better world. More than 50% of the energy in the world is wasted as heat. This is one of the largest untapped resources in the world. Heat Power is converting that energy into clean electricity 24/7, without dependency on weather. Our technology can, along with wind and solar power, replace traditional energy resources to deliver clean electricity - and a cleaner planet.

Climeon’s technology can readily be implemented on ships, aluminum, cement and steel plants and a multitude of other waste heat producing industries. Climeon’s Heat Power module is specifically designed to capture the low temperature waste heat from these processes and convert it into clean electricity. Climeon’s proprietary technology allows the conversion to be more efficient, and at a smaller cost than ever before.

We take an active stand in public debates to combat climate change. We have strict requirements on our own sustainability, social responsibility, environmental work and take an ethical stand towards our vendors and collaboration partners. Sustainability is a key factor in our development process of new products and services, and fully integrated in our organization. We will actively work to prevent the social damaging in connection to our organization. Climeon should have a transparent organizational structure that lives up to the national and international standards for ESG and operational management.

FINANCIAL CALENDAR

April
2019

Annual report 2018

 

 

9 May
2019

Interim report first quarter 2019

16 May
2019

AGM

28 Aug
2019

Interim report second quarter 2019

5 Nov
2019

Interim report third quarter 2019

PRESS RELEASES

Tillbaka

Climeon and German Heat Power operator signs a non-binding LOI.

Press release 29 November 2017

The German based Geoenergie Kirchweidach (GEK) and the Swedish clean tech company Climeon have today signed a non-binding LOI covering a supply of Climeon Heat Power modules to a geothermal power plant project in the Municipality of Kirchweidach. The potential order value is estimated to be about 5 MEUR.

The LOI is based on Climeon’s patented Heat Power technology with record high efficiency in low temperatures that will utilize the excess heat of the geothermal plant that today delivers heat to a 20 hectares green house and the city of Kirchweidach. The owners of GEK have previously had a discrepancy in how to best develop the geothermal power plant. Now, with the solution proposed by Climeon, all parties have an aligned view on how to develop the geothermal asset. The parties are currently negotiating financing solutions. If financing is secured and the parties have agreed upon a final purchase order for a Heat Power system, a contract will be signed.

Certified Adviser  
FNCA Sweden AB is Certified Adviser for Climeon. 

For additional information, please contact:  
Thomas Öström, CEO, Climeon 
Mob: +46 708 94 96 05 
Email: thomas.ostrom@climeon.com 

Christoffer Andersson, COO, Climeon 
Mob: +46 762 00 72 99 
Email: christoffer.andersson@climeon.com 

This information is information that Climeon AB is obliged to make public pursuant to the EU Market Abuse Regulation.
The information was submitted for publication, through the agency of the contact person set out above, at 08.30 CET on November 29th, 2017

About Geoenergie Kirchweidach
Geoenergie Kirchweidach (GEK) in eastern part of Bavaria in Germany has had the ambition to build and run a geothermal power and heating plant in Kirchweidach and have a long-term plan to develop additional projects. The Kirchweidach Geothermal plant delivers heating to the community and its inhabitants. The district heating network is replacing the traditional heating that was done with fuel oil, LPG or pellets. Furthermore, a vegetable growing greenhouse of 20 hectares is heated all year round by the geothermal plant, saving at least 8,2 million kg of CO2 per year. GEK is the owner of the drilling site and the boreholes and will own and operate the Geothermal Power Plant that will deliver electricity into the public grid.

About Climeon
Climeon is a Swedish cleantech equipment vendor and world leader in converting low temperature heat into clean electricity. The company was founded in 2011 and is headquartered in Stockholm with customers in many parts of the World. Climeon was founded to deliver an economically viable business case when it comes to converting low temperature heat into electricity. Climeon was built with the ambition to deliver a good business case for utilizing waste heat with a positive environmental impact. Climeon is listed on Swedish Nasdaq First North Premier.

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IR-CONTACTS

Climeon Certified Advisor:
FNCA Sweden AB

Box 5807
SE 102 48 Stockholm, Sweden
Phone: + 46 8 528 00 399

Climeon IR-Contact:
Charlotte Becker

Head of Investor Relations & PR, Climeon
investor@climeon.com