Proactive - Interviews for investors

Cindrigo IPOs on LSE: CEO discusses geothermal growth plans and clean energy future

Episode Summary

Cindrigo Holdings Ltd (LSE:CINH) CEO Lars Guldstrand talked with Proactive's Stephen Gunnion about the company's debut on the London Stock Exchange's Main Market and its strategy to grow within the European clean energy space. Cindrigo’s core business is focused on delivering clean baseload energy, particularly through geothermal and waste-to-energy projects. Guldstrand explained that the company’s main assets are based in Finland and Germany, and said Cindrigo is now entering an important growth phase. “We have today a very solid operating platform in Finland ready to go in operation and the projects in Germany,” Guldstrand stated. He said the London listing would support Cindrigo’s future expansion by boosting its credibility and ability to raise capital. Guldstrand pointed to two key operational milestones over the next 12 to 18 months: the start-up of the waste-to-energy facility in Finland, and securing funding, followed by drilling for the geothermal project in Germany. While the company’s primary strategy is focused on organic development, Guldstrand said partnerships could play a role, particularly with new projects. He highlighted that the biggest risks include potential delays in the Finland plant start-up and unsatisfactory drilling results in Germany, although he noted the strong government support available. Cindrigo is positioning itself to meet growing demand for baseload clean energy across Europe, with Guldstrand citing the company’s strong asset base, experienced team and board, and favourable market conditions. For more interviews like this, visit Proactive’s YouTube channel. Don’t forget to like this video, subscribe to our channel, and hit the notification bell so you don’t miss future updates. # Cindrigo #CleanEnergy #GeothermalEnergy #WasteToEnergy #LarsGuldstrand #IPO #LondonStockExchange #GreenInvesting #EnergyTransition #ProactiveInvestors