2G Energy AG has again secured new orders exceeding EUR 400 million in the third quarter, a result that underscores the company's expanding role in the global energy transition and its ability to capitalize on surging demand from the data center industry. The orders, announced in a press release distributed via NEWMEDIAWIRE, include a major contract for 275 MW of containerized power plants from a data center customer, a volume that alone exceeds 2G's total production for fiscal year 2025. The customer made a substantial down payment in the mid-double-digit millions, part of which was used to secure the supply chain, confirming the order's seriousness and the financial health of the transaction.
The significance of this announcement extends beyond the headline figure. The data center business is not a one-off windfall; it is a structural growth driver that is reshaping 2G's revenue trajectory. The Management Board has raised its revenue forecast for 2027 to EUR 600 to 650 million, up from a previous range of EUR 570 to 620 million, and for the first time has issued a forecast for 2028 of EUR 750 to 850 million. That implies year-over-year growth of 22.5 to 33 percent in 2027 and above-average growth of at least EUR 100 million, possibly as much as EUR 250 million, in 2028. The company also expects to increase its EBIT margin to over 11 percent starting in 2027, a clear signal that scale is translating into profitability.
While the data center segment captures attention, the growth is broad-based. The previously announced major order from the mining sector was finalized in July, and traditional markets and segments are posting double-digit growth rates in some cases. The heat pumps business unit, which 2G has identified as a key pillar alongside its combined heat and power (CHP) systems, is meeting high expectations and is expected to generate order intake of up to EUR 30 million for the full year 2026. This diversification reduces reliance on any single end market and positions 2G to benefit from multiple vectors of the energy transition.
The first half of 2026 provided a mixed but solid foundation. Total output was EUR 184.0 million, down 4.7 percent from the previous year's EUR 193.0 million, which had been inflated by unusually short-notice orders for Ukraine. Revenue from new plants fell to EUR 52.7 million from EUR 82.7 million, but service revenue normalized and reached EUR 83.5 million, only 4.3 percent below the prior year, with the second quarter already exceeding the prior-year figure. The higher relative share of services improved the cost of materials ratio to 58.3 percent from 63.2 percent. Personnel expenditures rose 17.3 percent to EUR 49.1 million, reflecting consolidation effects and workforce expansion in anticipation of strong growth. EBIT was EUR 0.8 million, a solid starting point given the second-half outlook, and liquidity surged to EUR 29.3 million from EUR 0.1 million at year-end 2025.
Work on the first large-scale data center order is proceeding as planned, with delivery of equipment beginning in the fourth quarter and revenue recognized progressively as power plants arrive in the United States. Revenue recognition from the German biomass package is also gaining momentum. The forecast for the current 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 percent. The new assembly hall in Heek, set to commence operations at the end of 2027, and the ongoing workforce expansion support the upper end of the 2028 forecast. For investors and industry observers, the message is clear: 2G Energy is not merely riding a temporary wave but is scaling its operations to meet a durable, global demand for decentralized, efficient power generation. More details are available in the original release at www.newmediawire.com.
