Luxembourg, September 2024
STP AG, a Swiss patent development company specialising in renewable energy, is set to sell a majority stake as part of its broader strategy to commercialise its innovative technology. While current CEO and majority shareholder, Mr. Detlef Dohmen, will step down from operational duties, he will remain involved in key strategic decisions.
Moreover, the newly appointed CEO will oversee the management of STP’s technologies, focusing on licensing agreements and partnerships. Commenting on the transition, Mr. Dohmen said, “We’re excited to leverage the expertise of new shareholders and their partners. Their experience will be invaluable in bringing our technologies to market, ultimately contributing to a positive environmental impact.”
In addition, STP AG has launched ENERCAP LP, a dedicated project developer aimed at attracting new capital. The LP will focus on investing in intellectual property and energy-producing technologies. Managed by Xeon International General Partner UK, ENERCAP aims to raise further development capital for STP’s next-generation power plants.
STP AG has developed several cutting-edge, emission-free energy solutions, inspected and certified by TÜV Nord (Thailand), DEKRA, and SGS. Additionally, a large number of pre-orders have been committed to, following the successful operation of the initial European pilot project.
For more information about STP AG’s technology and investment opportunities, please contact info@xeon-international.com.