2G Energy AG, a leading manufacturer of combined heat and power (CHP) systems and heat pumps, announced that it again secured new orders exceeding EUR 400 million in the third quarter of 2026. The company attributes the strong performance primarily to its data center business, which continues to drive massive growth, while nearly all other segments and regions also posted significant gains.
The largest contributor was a major order from a data center customer for 275 MW of containerized power plants, exceeding 2G's total production for fiscal year 2025. As is typical for large-scale orders, 2G recognized the order only after contract signing and receipt of a down payment, which in this case was in the mid-double-digit millions of euros. Additionally, a previously announced major order from the mining sector was finalized in July. The company's traditional markets and segments, including its heat pump business, also showed encouraging developments, with double-digit growth rates in some cases. For the full year 2026, 2G still expects heat pump order intake of up to EUR 30 million.
Based on this exceptionally positive trend, the Management Board has raised its revenue forecast for 2027 to EUR 600 to 650 million, up from the previous guidance of EUR 570 to 620 million. For the first time, the company also issued a revenue forecast for 2028, projecting EUR 750 to 850 million. This implies year-over-year growth of 22.5% to 33% in 2027, given the unchanged 2026 revenue expectation of EUR 490 million. The EBIT margin is expected to exceed 11% starting in 2027. The 2028 forecast reflects anticipated above-average growth of at least EUR 100 million, and possibly as much as EUR 250 million. The new assembly hall at the Heek site, scheduled to begin operations at the end of 2027, along with gradual workforce expansion, supports the upper end of this range.
For the first half of 2026, 2G reported total output of EUR 184.0 million, a 4.7% decrease from EUR 193.0 million in the prior-year period, which had benefited from unusually short-notice orders for Ukraine. Revenue from new plants fell 36.4% to EUR 52.7 million, while service revenue declined only 4.3% to EUR 83.5 million. The EBIT margin for the half-year was 0.6%, down from 3.3% a year earlier. Despite this, the company's liquidity improved significantly to EUR 29.3 million as of June 30, 2026, compared with EUR 0.1 million at the end of 2025.
The forecast for the current fiscal year remains unchanged at the upper end of the range, with revenue of EUR 490 million and an EBIT margin of 9.5% to 10.5%. Work on the first large-scale data center order is proceeding as planned, with delivery of equipment and systems set to commence in the fourth quarter. Revenue will be recognized progressively as individual power plants arrive in the United States. Moreover, revenue recognition from the biomass package in the German market is gaining significant momentum.
2G Energy AG, founded in 1995 and headquartered in Heek, Germany, employs more than 1,000 people and operates in over 60 countries. The company generated net sales of EUR 398.4 million in the 2025 financial year. Its shares are listed on the Frankfurt Stock Exchange's Scale segment. For more information, visit www.2-g.com or view the original release on www.newmediawire.com.
The implications of this announcement are significant for the energy industry and investors. The massive data center orders highlight the growing demand for reliable, decentralized power solutions to support digital infrastructure, a trend that could accelerate as data consumption rises. 2G's raised guidance signals confidence in sustained growth, potentially boosting its stock and attracting further investment. The company's focus on efficient CHP plants and heat pumps aligns with global decarbonization goals, positioning it well in the energy transition. As 2G ramps up production and expands capacity, it may set a benchmark for others in the sector, driving competition and innovation.
