Climeon AB (publ) (CLIME-B.ST)
Climeon AB (publ) operates in the Renewable Utilities industry of the Utilities sector, headquartered in Stockholm, AB, SE. The stock last traded at $2.89, up 2.12% on the session, giving a market capitalisation of $181.0M. Its beta of 2.08 implies it has historically moved more than the broad market.
Established in 2011 and headquartered in Kista, Sweden, Climeon AB (publ) specializes in delivering innovative heat power systems to markets across Sweden, the wider European continent, and Asia. Central to their offerings is the Heat Power System technology, which skillfully converts low-temperature geothermal resources and waste heat expelled from engines and various industrial operations into electrical power. Additionally, the company provides its proprietary Climeon Live software, a cloud-based platform facilitating the remote oversight and operational control of multiple power generation facilities. Complementing these solutions are expert consulting and dedicated support services for their Heat Power System installations. Climeon serves a diverse range of sectors, including geothermal energy, industrial processing, the oil and gas industry, and the maritime domain.
Climeon AB (publ) is most often compared with the following Utilities names: