Interim report for the period January 1 - September 30, 2020
During the quarter, Climeon delivered Heat Power modules to our first customer within land-based engines in the UK and established a local presence in the country. We have established a subsidiary in Taiwan and in cooperation with Baseload Capital we are developing the market and creating conditions for putting up power plants. The quarter was also characterized by intensive work with our financing, which resulted in an approved loan of EUR 7.5 million from the Swedish Export Credit Corporation and DNB, followed by a directed new share issue, raising net proceeds of SEK 245 million. The