BERENBERG Endorses 2G Energy with "Buy" Rating

2G Energy AG, a top manufacturer of sustainable power plants and CHP systems, has received coverage from BERENBERG analysts. In their "Gassing up AI" report, BERENBERG recommends 2G Energy shares with a "Buy" rating and sets the price target at EUR 91.00, exceeding the consensus of EUR 73.00-80.00.

Analyst Robert-Jan van der Horst emphasizes 2G's growth potential, driven by a planned 750 MW capacity boost by 2027. Secured project pipelines ensure revenue predictability until 2029. The new-plant segment, especially for data centers, is expected to enhance service revenue.

2G’s position as a leader in the German biogas CHP market, along with expansion in the heat pump sector, positions it for significant growth. Their focus includes climate-friendly refrigerants and high-temperature processes. Integration of heat pumps into the Green Cube offering further enhances 2G’s market presence.