In addition to investment development, raising capital is hugely important for building a business. ENESPA AG treats investors as valued and important partners. The fact that the issue price of the new shares could be increased from CHF 12.50 to the current level of CHF 18 is evidence of strong demand and the achievement of important milestones.
All legal requirements apply to the raising of capital: the bonds are overseen by the FMA in Liechtenstein and the authorised capital increases are decided (General Meeting at the request of the Executive Board) and implemented (Executive Board) in accordance with the legal requirements of the Code of Obligations.
Experience with interest payments and capital repayments
ENESPA bondholders always receive their interest on time. This will almost certainly remain the case, as ENESPA AG has built up equity considerably via the new shareholders and will post its first profits in 2021.
The projected accounts are prepared in such a way that provision is also made for capital repayments.
How are investors informed about the progress of the project?
Each milestone is documented on the company’s website under NEWS and all investors receive a personal mail with a link that directs to this information.
The company has also created the monthly ENESPA-NEWS, which is also made available to investors via email.
ENESPA AG is often praised by investors for its transparent and proactive information policy.
What is the status of the project?
In mid-March 2021, the first 1000 module was put into operation for test purposes. The paraffin oil obtained was sent to interested buyers for quotation. The first bids far exceeded expectations.
Over the next two to three months, the approval procedures will be in progress while the first 8-tonne system (with 8 modules) is built simultaneously. Our goal is to commission the facility in the middle of the year.
More news articles
Documents for investors
ENESPA AG will generate positive cash flow starting with the first investment. By operating several facilities simultaneously, revenues increase disproportionately and, accordingly, so does the value of the company. There is great demand for this technology. 18 locations in Germany are interested in operating a facility at this time.
The business development fund of the Schwarze Pumpe Industrial Park is very interested in the ENESPA project. Following a thorough investigation, the responsible development bank declared the project eligible for funding. The project will be supported by the development bank once the approval process is completed. The approval process is in progress. (As of July 2020)
The aim is for the first 5,000 kg/day facility in the industrial park to be commissionedby the end of 2020. As soon as this facility is in reliable operation, ENESPA will build another ten facilities and then gradually expand to forty facilities. The ten facilities are expected to be fully operational by the end of 2021.