July 25, 2017 6:08 PM ET

Electrical Equipment

Company Overview of Ripasso Energy AB (publ)

Company Overview

Ripasso Energy AB (publ) develops and manufactures a solar power system based on a hybridized stirling engine primarily for military submarines in Sweden and internationally. The company was founded in 2008 and is based in Gothenburg, Sweden.

Gruvgatan 35 B

Västra Frölunda

Gothenburg,  421 30

Sweden

Founded in 2008

9 Employees

Key Executives for Ripasso Energy AB (publ)

Ripasso Energy AB (publ) does not have any Key Executives recorded.

Ripasso Energy AB (publ) Key Developments

Horizon S.R.L Orders Three Hybridised Stirling Engines from Ripasso Energy for Delivery to First Commercial Facility in Sicily

Horizon S.R.L ordered three hybridised Stirling engines from Ripasso Energy for delivery to a first commercial facility in Sicily. The newly-commissioned facility, consisting of a total of three units, will be delivered during the first quarter of 2018. The order also includes auxiliary systems, such as mirrors and trackers. This will be the first commercial plant based on hybridised Stirling engines and will, under the governmental program for renewable energy, generate and sell electricity to the Italian company Enel. This is the first order from Horizon, and Ripasso Energy is expecting that the financing and licensing for at least 100 engines will be completed by the autumn of this year. Any engines ordered by that time will be scheduled for delivery in 2018.

Ripasso Energy AB Enters into Framework Agreement with the Italian Company Horizon S.R.L

Ripasso Energy AB entered into a framework agreement with the Italian company Horizon S.R.L. Under the agreement, Horizon will be responsible for the development and completion of solar hybrid projects on Sicily, in which Ripasso Energy will act as technology provider.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
October 31, 2016
--
Merger/Acquisition
September 1, 2016
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