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Green Hydrogen Systems CEO: Big public listing is no finish line

The Danish hydrogen company's planned IPO is supposed to accelerate growth plans for the coming years, and the listing should be seen as more of a starting point rather than a destination, says CEO Sebastian Koks Andreassen.

Things have been moving quickly ever since Sebastian Koks Andreassen was appointed CEO of Green Hydrogen Systems in October last year. Now the firm intends to raise DKK 1bn from an planned IPO. | Photo: Joachim Ladefoged/ERH

At the company's new headquarters in Western Denmark's Kolding, Green Hydrogen Systems (GHS) Chief Executive Sebastian Koks Andreassen has a small toy car standing on display. What's special about the item, which he has had since childhood, is that it operates on hydrogen, bearing witness to the fact that such technology has existed for a long time, albeit at a relatively marginal scale.

That is, at least when measured against developments of late. Such acceleration has resulted in the Danish electrolyzer manufacturer announcing a planned initial public offering on Nasdaq Copenhagen – with a projected valuation of DKK 3bn (EUR 400m).

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