Investing in Enapter (FRA:H2O) Five Years Ago: A 232% Gain

Five years ago, investing in Enapter AG (FRA:H2O) might have seemed like a risky bet. The company, then known as S&O Beteiligungen AG, was focused on providing solutions for biogas facilities. However, a strategic shift towards designing, manufacturing, and selling hydrogen generators using patented anion exchange membrane (AEM) electrolysers has paid off handsomely for early investors.



Enapter AG's innovative AEM electrolyser technology has been a significant driver of its growth and market penetration. The company's electrolysers are used in various applications, including power-to-heat and power-to-gas solutions, electricity storage, mobility, and research sectors. This technology enables Enapter to produce green hydrogen more efficiently and cost-effectively than traditional methods, making it an attractive option for customers seeking to reduce their carbon footprint.

One example of Enapter's market penetration is its partnership with the Federal University of Rio de Janeiro (UFRJ) on Ilha do Fundão island, Brazil. The UFRJ's Solar Energy and Green Hydrogen Laboratory uses nine single-core AEM Electrolysers from Enapter to produce onsite green hydrogen for research purposes. This project demonstrates the versatility and potential of Enapter's technology in various applications, contributing to its growth and market penetration.

Additionally, Enapter's AEM electrolyser technology is recognized in the North Rhine-Westphalia (NRW) hydrogen roadmap as a method expected to lower electrolyser material and system costs. As the world's only commercial manufacturer of AEM technology, Enapter is exceptionally placed to realize the cost reduction potential of AEM and thus distributed green hydrogen. This recognition further validates the company's innovative technology and its potential for market growth.

Enapter AG's strategic focus on research and development has also played a significant role in driving its growth and innovation. The company has invested heavily in R&D, with a focus on scaling its modular AEM electrolysers and reducing costs. This commitment to innovation has attracted investors, as seen in the company's successful capital increases and funding rounds.

In conclusion, investing in Enapter AG (FRA:H2O) five years ago would have delivered a 232% gain. The company's innovative AEM electrolyser technology, strategic partnerships, and focus on research and development have driven its growth and market penetration. As the world transitions towards a more sustainable future, Enapter AG's green hydrogen solutions are well-positioned to continue delivering strong returns for investors.