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Hexicon
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Short description

Supplier of floating platforms for offshore energy production, based on windpower

Founded in 2009
Founded in

Company type Public Public (HEXI)
Company type

Industry Group energy & power

Sector wind

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Sweden Stockholm , Sweden
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Updated by Mats Arnamo at Hexicon AB on 08/07/2015

Edited by Cleantech Group on 02/27/2023

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12/29/2021
Avapa Energy Avapa Energy
Hexicon partners with Avapa Energy to form AvenHexicon, a 50:50 JV, which will have Hexicon license its patented technology for use in projects. The JV will identify suitable sites for floating wind projects in Italy in order to initiate the necessary permit processes.
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Confirmed by Avapa Energy
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IPO INFORMATION

Date

06/18/2021

IPO status

Listed

IPO Type

IPO

Amount

$40M

Initial shares

Ticker symbol

HEXI

Exchange listed

Nasdaq First North

Prospectus URL

Prospectus

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Description

The price per share in the Offering was SEK 3.00, corresponding to a total market value of the Company's shares of approximately SEK 1,088 million upon completion of the Offering. Provided that the Over-Allotment Option is fully exercised, the Offering is expected to amount to approximately SEK 345 million.

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