H2APEX Group SCA: directors' dealings · Germany · BaFin

About H2APEX Group SCA

H2APEX Group SCA is a specialized player in the green hydrogen value chain, listed on Germany’s regulated market on Xetra/Frankfurt (DAX/MDAX/SDAX). Although the company is listed in Germany, its registered office is in Luxembourg, while its operational footprint is centered in the Rostock-Laage and Lubmin area in northern Germany. The group was formerly known as exceet Group SCA and was renamed H2APEX Group SCA in January 2024 to align the listed vehicle with its operating brand. Recent corporate communications indicate that the business traces its operating roots to a 2022 spin-off in Rostock-Laage and has since evolved into a developer and operator of hydrogen infrastructure. H2APEX’s core business is the development, construction, and operation of green hydrogen production plants. The company also addresses adjacent areas such as hydrogen storage, district heating, and mobility applications, positioning itself across both project execution and long-term asset operation. This dual model matters from an investment perspective: it gives H2APEX exposure to near-term engineering/project revenues while building a platform for recurring income from its own production assets over time. From a competitive standpoint, H2APEX is a niche hydrogen specialist rather than a broad diversified energy utility. Its strategic focus is on decentralized hydrogen plants and industrial-scale electrolysis projects, with a strong concentration in northeastern Germany. Lubmin is a key strategic location for the company and for Germany’s hydrogen ecosystem more broadly, giving H2APEX a visible footprint in one of the country’s most closely watched hydrogen hubs. The group primarily serves customers and partners in Germany and Luxembourg, while also expanding through industrial and financing partnerships. Recent milestones underscore the company’s strategic shift toward proprietary hydrogen production. In 2025, H2APEX acquired HH2E Lubminwerk GmbH and its hydrogen project in Lubmin, then announced a strategic partnership with Copenhagen Infrastructure Partners for the first phase of that IPCEI-supported project. The first expansion stage targets 100 MW of capacity and annual output of up to 10,000 tons of hydrogen. In early 2026, H2APEX also announced a joint venture with East Energy, Hanseatic H2, to develop standardized 5 MW electrolysis plants. Taken together, these steps suggest a clear move from pure project development toward a more integrated hydrogen platform, albeit in a capital-intensive sector where execution timing, permitting, and financing remain key risks.