Gosol Energy

Wermuth Asset Management GmbH (WAM) is a German single-family-office investment adviser and initiator of vehicles committed to investing with both high-risk-adjusted returns and a positive impact on the environment across all asset classes. Its principal, Jochen Wermuth, co-created the global www.divestinvest.org movement, with over $ 40 trillion in commitments to divest from fossil fuels and into climate solutions today.

Their GGF2 targets "exponential organizations", those are best-in-class energy and resource-efficient companies in the EU that can grow exponentially with both economic and environmental impact. WAM sees itself as a company-builder, providing active support for its portfolio companies to grow globally. The portfolio is based in Europe, mainly in Germany, France, and the Nordics. It includes the expected future champions in the "Clean Industrial Revolution", particularly in the energy and transport sectors.

"The views of WAM and their approach to environmentally beneficial investment opportunities go hand in hand with Plagazi's vision and what our technology and product can achieve, which makes their investment into Plagazi a natural step for both parties. WAM pursue investments which have a strong financial potential as well as a strong drive to make an environmental difference on a large scale, and Plagazi are highly looking forward to cooperating with them to drive our mutual mission forward." - Torsten Granberg, Chairman of the Board, Plagazi AB (publ)

"We are very excited about the opportunity to contribute to Plagazi's growth. Plagazi can play a major role in providing hydrogen at a competitive cost to the EU economy. Plagazi's waste-to-hydrogen technology shows incredible potential given its location- and feedstock-agnostic approach, and its roles as waste-recycler, hydrogen-producer, and carbon-capturer. We look very much forward to shaping the future of the European circular hydrogen economy together with Plagazi." - Jochen Wermuth, Managing Director & Founder, Wermuth Asset Management