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Hydrogenera to launch its IPO on Bulgarian Stock Exchange

 

Published by
Global Hydrogen Review,

Green Innovation AD (Hydrogenera) has obtained the necessary regulatory clearance to launch its initial public offering (IPO) on the Bulgarian Stock Exchange (BSE).

The company plans to proceed with the offering in mid-June 2025, marking a key milestone in its strategy to accelerate the adoption of hydrogen solutions across Eastern Europe.

Capitalising on the hydrogen revolution

As Europe commits more than €2 billion annually to hydrogen research and infrastructure, Hydrogenera’s end-to-end expertise, from electrolysis-driven hydrogen generation to large scale industrial deployment, positions it at the forefront of this expanding sector.

  • Comprehensive capabilities: Hydrogenera designs, constructs, and operates hydrogen technology, including advanced electrolysers and hydrogen storage solutions, delivering hydrogen infrastructure.
  • Strategic alliances: The company maintains a network of integrator partners across Europe, including the UK, Germany, Turkey, and Poland, supporting the deployment of over 92 hydrogen projects across the continent.

Listing on the BSE will provide Hydrogenera with the capital needed to expand its hydrogen production capacity, enter new territories, and undertake major industrial initiatives that require significant investment.

Key IPO details

  • Expected listing period: the public offering of shares is expected to take place in the second half of June 2025.
  • Price range: the minimum issue value per share is between BGN 12 and the maximum issue value per share will be BGN 20.

“Securing regulatory approval to list on the BSE represents a landmark achievement for Hydrogenera,” said Dragomir Ivanov, CEO. “This IPO will equip us with the capital required to scale our operations, expand into new markets, and deliver hydrogen solutions across Europe. We look forward to welcoming new shareholders as we drive the clean-energy transition forward.”