EQS-News: EnerMech teams up with Wolftank Group to support net zero transport emissions for Australia and New Zealand’s industrial sectors

EQS-News: Wolftank-Adisa Holding AG / Key word(s): Alliance/Agreement
EnerMech teams up with Wolftank Group to support net zero transport emissions
for Australia and New Zealand’s industrial sectors

06.02.2023 / 10:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


release  Innsbruck, 6 February 2023 

EnerMech teams up with Wolftank Group to support net zero transport emissions
for Australia and New Zealand’s industrial sectors

• Portable technology provides clean energy refuelling solution for sectors in
out-of-the way locations such as mining

Wolftank Group (Wolftank-Adisa Holding AG, ISIN: AT0000A25NJ6) has signed a
distribution agreement with EnerMech, an international specialist in the
provision of integrated supply, operations, maintenance and engineering
solutions. The partnership will bring hydrogen refuelling stations to Australia
and New Zealand’s industrial sectors as organisations look to cut fossil fuel
dependence from their transport fleets in line with net zero emission targets.

The Australian arm of the global integrated solutions will supply, install,
commission, and maintain Wolftank’s unique hydrogen refuelling stations (HRS).
First customer orders have already been received: The two companies will
cooperate in order to install mobile hydrogen stations in different Australian

The portable HRS design is particularly suited to sectors such as mining where
worksites are typically found in remote locations with fewer hydrogen refuelling
opportunities available. The firm’s innovative technology allows
hydrogen-powered vehicles to be fast-refilled on a par with traditional petrol
or diesel fuelled freight. EnerMech has previously supported large scale
hydrogen projects and LNG projects in the Asia Pacific region and has the
capabilities to provide expert support with the full turnkey solutions, from
mechanical and electrical services to full commissioning of the facility.

EnerMech’s regional director Asia Pacific, Garry Ford, said: “Hydrogen produces
no carbon emissions providing a flexible, storable and safe alternative for
companies operating in transport intense sectors such as mining and heavy
haulage, where operations are often based in outlying places. However, one of
the main challenges is the lack of refuelling infrastructure in these remote
areas to make it a viable solution. This is why Wolftank’s HRS is set to be a
game-changer. We are very excited to be involved with such a forward thinking
and trusted company as Wolftank, with a proven track record of helping their
customers to realise green sustainability goals for transportation. Our business
has been working in the hydrogen space for some time and this partnership
positions EnerMech for further growth in the renewables sector.”

Wolftank Group has more than 20 years’ experience in hydrogen storage and
retailing. The company has multimodal H[2] supply solutions for road, rail and
maritime transport, and provides prefabricated hydrogen service stations for
heavy (350 bar) and passenger (700 bar) vehicles. One of its most recent
projects was the development and construction of a turnkey HRS for a bus station
in Bolzano, Italy, where six buses can be refuelled per hour.

“We deliver our innovative hydrogen technologies to around a dozen countries,
ranging from transport and conversion to electricity to distribution with mobile
or stationary refuelling systems. With EnerMech, we have found a perfect partner
to supply Australia and New Zealand now as well with our solutions. This is
another important step on our expansion course. Our goal is to help build the
necessary infrastructure for a zero-emission future all around the world”, said
Peter Werth, CEO of Wolftank Group.

About Enermech
Formed in April 2008, EnerMech provides specialist integrated mechanical,
electrical, instrumentation and integrity services to the international energy
and infrastructure sectors, from pre-commissioning through operations and
maintenance and late-life support/decommissioning.  The business is focused on
offering a safer, more customer-focused, responsive service at lower cost, while
delivering a much greater level of engineering and technical support than
competitors can offer. In December 2018, EnerMech was acquired by The Carlyle
Group, the NASDAQ listed global asset manager. EnerMech specialises in providing
integrated supply, operations, maintenance and engineering solutions in its core
services of Cranes and Lifting, Electrical and Instrumentation, Equipment
Rental, Hydraulic products and services, Industrial Services, Process, Pipeline
and Umbilicals (PPU), Maintenance and Integrity Services, Training and Valve
supply and services. The group is headquartered in Aberdeen with bases in Great
Yarmouth, Bristol (UK); Stavanger, Houston, Pasadena, Sulphur, Casper, Williston
(USA), Guyana, Trinidad, Mexico, Abu Dhabi, Iraq, Qatar, Saudi Arabia,
Azerbaijan, Kazakhstan, Singapore; Perth, Melbourne, Sydney, Brisbane, Darwin,
Gladstone, Chinchilla (Australia); Malaysia, China, South Korea, India, Ghana,
Nigeria, Angola and South Africa.  [1] www.enermech.com

About Wolftank Group
Wolftank Group is a leading technology partner for energy and environmental
solutions operating worldwide. In the field of energy mobility and logistics,
the Group supports customers in more than 20 countries to implement projects in
an efficient and environmentally friendly way. For this, it develops and
implements tomorrow’s technologies to decarbonize transport and build the
infrastructure for zero-emission mobility – such as turnkey delivery of modular
hydrogen and LNG refueling facilities. In the area of environmental solutions,
the offering includes due diligences for environmental risks, customized
services for soil and groundwater remediation, as well as recycling. The group’s
subsidiaries in eight countries on three continents are managed by
Wolftank-Adisa Holding AG, based in Innsbruck, Austria. The share of
Wolftank-Adisa Holding AG (WKN: A2PBHR; ISIN: AT0000A25NJ6) is listed in the
direct market plus segment of the Vienna Stock Exchange AG and in the m:access
of the Munich Stock Exchange and is traded on Xetra, the Frankfurt and Berlin
Stock Exchanges. Further information: [2] www.wolftankgroup.com

Wolftank-Adisa Holding AG
phone: +43 (512) 345726
Email: [3]investor-relations@wolftankgroup.com

Issued on behalf of EnerMech Ltd by BIG Partnership:
Pam Wilson
phone: +44 (0)7772 287 588
Email: [4]pam.wilson@bigpartnership.co.uk

This communication contains forward-looking statements based on current
knowledge, expectations, and projections of Wolftank-Adisa Holding AG’s
management about the future. All statements are subject to potentially uncertain
assumptions and risks that could cause actual results to differ materially from
those expressed or implied by such statements. Such statements can be identified
using words such as „expect“, „plan“, „anticipate“, „target“, „estimate“,
„assume“ or similar. Consequently, statements relating to the future are only
valid at the time they are made. The Company does not assume any obligation to
adjust, correct or monitor statements made in this communication in the future.


06.02.2023 CET/CEST This Corporate News was distributed by EQS Group AG.


Language: English
Company: Wolftank-Adisa Holding AG
Grabenweg 58
6020 Innsbruck
Phone: +43 512 345726
E-mail: investor-relations@wolftankgroup.com
Internet: www.wolftankgroup.com
ISIN: AT0000A25NJ6
Listed: Vienna Stock Exchange (Vienna MTF)
EQS News ID: 1551639

Weitere Handelsplätze: München Freiverkehr m:access Frankfurt Freiverkehr,

End of News EQS News Service

1551639  06.02.2023 CET/CEST


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