Haffner Energy Targets Growth Amid Market Challenges

Haffner Energy SAS (FR:ALHAF) has released an update.

Haffner Energy has reported a transitional year for the 2023-2024 fiscal period, focusing on expanding its market reach and project portfolio despite a challenging hydrogen market. The company’s pipeline increased fourfold to €1.4 billion, largely due to new opportunities in syngas and Sustainable Aviation Fuel markets, particularly in the U.S. Although facing a net loss and a stagnant order book, Haffner Energy is optimistic about future growth and plans a fundraising round in the third quarter to finance further development.

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