Loop Energy, based in Vancouver, BC, Canada, develops and manufactures hydrogen fuel cells that make existing electrical vehicle platforms run more efficiently and generate more power with less CO2 emissions.
The company’s target markets are OEMs and system integrators for light and heavy commercial trucks, buses, trains, ships, and stationary power systems.
On October 12th, Rampini Carlo unveiled its first hydrogen-electric bus, the HYDRON, at the Next Mobility Exhibition in Milan. Rampini decided to stop producing diesel buses in 2018 to focus on offering electric platforms, a trend the industry is following.
The HYDRON is Rampini’s first commercially available hydrogen-electric bus. It joins its battery- electric bus, waste collection truck and power equipment product offerings operating in Spain, France, Germany, Austria, and Greece. Rampini has several HYDRON buses in production with Loop Energy fuel cells.
“We’re thrilled to work with Rampini and see this relationship as another building block in our expansion into the very promising European market,” said Loop CEO Ben Nyland, who will meet with investors in Loop Energy CEO Ben Nyland Paris and Geneva before arriving in Milan.
The European meetings are being organized by Peterson Capital, a Canadian capital markets advisory company with working with European fund managers and family offices in France, Switzerland, Monaco, Italy, and Spain.
“We are aggressively expanding our footprint in the European market at a time when we know the continent is desperately seeking alternatives to Russian energy sources,” added Mr. Nyland.
“We’re very confident that we’ll become a leader in this very large and lucrative European market in a very short time
period.”
Loop owns more than 30 patents on a next-generation fuel cell technology that the company feels gives it a “next-mover” competitive edge in the global hydrogen fuel cell market.
In May of this year, in light of the Russian invasion of Ukraine, the European Commission launched REPowerEU, an initiative designed to make Europe independent from Russia fossil fuels well before 2030.
“The Loop Energy story is one that is very much resonating with Italian and other European investors,” said Robert Seguin, a Geneva-based investor relations specialist on the Italian market representing Peterson Capital. Robert has obtained his MBA from Milan’s renowned Bocconi Business School.
“The company presented at the Peterson Capital Canada Growth Conference in the south of France in September, and the feedback we received is overwhelmingly positive. Their expansion plans in Europe and the urgency of the need for Europeans to diversify from fossil fuels make this company a ‘must-see’ story for all our investors.”
Loop Energy is listed on the Toronto Stock Exchange under the symbol LPEN.
About Peterson Capital:
We help introduce Canada’s fastest growing public and private companies to our network of more than 900 retail Investment Advisors in Canada and to the more than 100 fund managers & family office CEOs in Europe.
We facilitate these meetings and provide marketing and corporate communications support for our clients.
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