EQS-News: Pablo Hofelich (CSO) to join the Management Board of 2G Energy AG at the 2025 AGM and become CEO

Pablo Hofelich (CSO) to join the Management Board of 2G Energy AG at the 2025 AGM and become CEO

• Company founder Christian Grotholt (CEO) intends to move to the Supervisory Board after 30 years on the Management Board, subject to the approval of the Annual General Meeting
• Ludger Holtkamp (COO) to leave the Management Board at his own request and on the best of terms when his contract runs out at the end of July
• New Group structure and three-member Management Board to secure further profitable growth from summer 2025 onwards

Heek, February 6, 2025 – The Supervisory Board of 2G Energy AG (ISIN DE000A0HL8N9), one of the world’s leading manufacturers of sustainable power plants, Combined Heat and Power (CHP) systems and producer of heat pumps,  appoints the Chief Sales Officer (CSO), Pablo Hofelich, to the Management Board. The appointment of Pablo Hofelich will take effect at the 2025 AGM, i.e. on June 12, 2025.

Pablo Hofelich joined 2G in September 2024 and initially took on the role of CSO (see CN dated September 5, 2024). This role will be merged with the position of CEO in the future.

Company founder Christian Grotholt (CEO) intends to move to the Supervisory Board after 30 years on the Management Board, subject to the approval of the Annual General Meeting

After 30 years in the management of the company and with the expiration of his contract at the end of July, co-founder Christian Grotholt wishes to make his expertise and experience available to the company also in the future. He therefore intends to move to the Supervisory Board, subject to the approval of the Annual General Meeting. His election and the amendment to the Articles of Association required to expand the Supervisory Board to four members are to be proposed to the 2025 Annual General Meeting.

“I am delighted to hand over my position as CEO to Pablo Hofelich after three exciting decades”, Christian Grotholt (CEO) stated. “I am very thankful for the valuable support I have received from colleagues and members of the supervisory board over the years, as well as from my co-founder Ludger Gausling. I am now looking forward to further supporting the company as a member of the Supervisory Board and thus contributing my knowledge and my network.”

“The highly innovative product portfolio and the exceptionally entrepreneurial corporate culture are inspiring to me since I joined 2G. I would like to express my thanks for the confidence shown in me by the Supervisory Board but also by my colleagues and the founders with this appointment. I look forward to driving further profitable growth together with the management team and leveraging the enormous potential of 2G together with them,” says future CEO Pablo Hofelich. “Both the electricity market and the heat market are in the midst of a fundamental transformation, driven by volatile electricity sources on the one hand, and rapidly rising demand on the other. Together with electricity grids operating at their limits, the situation requires fast, innovative, decentralized and sustainable solutions. This is precisely what 2G stands for – also in the future – Better Together!” 

Ludger Holtkamp (COO) is leaving the Management Board at his own request and on the best of terms at the end of July

Ludger Holtkamp will have reached the age 62 by the time his current management board contract expires at the end of July 2025. Some time ago, he informed the Supervisory Board that he would not be available for a further extension of his contract for personal reasons, which the Supervisory Board and his colleagues on the Management Board acknowledged with great regret. Ludger Holtkamp will step down at the end of July 2025 on the best of terms.

New Group structure and three-member Management Board to secure further profitable growth from summer of 2025 onwards

The Management Board has been working for some years on refining its current company structure, which is focused on the founding company. As of July 1, 2025, a new, transparent Group structure will take shape with its focus on international growth (see CN dated July 18, 2024). The production and procurement activities will be transferred to the newly founded 2G Heek GmbH by means of a spin-off from the existing company 2G Energietechnik GmbH. The remaining part of 2G Energietechnik GmbH will concentrate on sales, service and project management in Germany and Austria. The operating subsidiaries will be led by operational managing directors from within the company's own ranks.

On the initiative of Christian Grotholt and as of August 2025, 2G Energy AG will be run by a three-member Management Board under the chairmanship of Pablo Hofelich. Frank Grewe will continue in the role of Chief Technology Officer (CTO) and will also cover production and procurement activities. Friedrich Pehle will continue in his role as Chief Financial Officer (CFO).

2G company portrait
The 2G Energy AG Group is an internationally leading manufacturer and system provider of decentralized energy supply systems. The company develops, produces and installs comprehensive solutions in the structurally growing market for highly efficient CHPs, large heat pumps and peak-load gensets. Digital grid integration and plant control for these types of energy generators, as well as service and maintenance, are further decisive performance criteria.

The product portfolio comprises three types of energy generation: CHP plants in the output range from 20 kW to 4,500 kW for operation with hydrogen, natural gas, biogas and other lean gases, large heat pumps in the range from 100 kW to 2,6000 kW as well as peak-load gensets with an electrical output of 500 kW or more. CHP plants operate with efficiencies of 90 percent and more, while large heat pumps achieve efficiencies of 300 to 500 percent, depending on the general conditions. With its products and services, 2G is at the interface to a decentralized, secure and largely decarbonized energy supply. More than 9,000 2G systems have already been installed worldwide in various applications, supplying electrical and thermal energy to a wide range of customers from the housing industry, agriculture, commercial and industrial companies, energy suppliers, municipal utilities and local government authorities.

2G is positioned worldwide as a system provider for decentralized energy solutions with its combination of CHP plants, peak-load gensets and large heat pumps. The company benefits from far-reaching synergies of these plant categories, ranging from project development, procurement, production and the predominantly containerized design to the largely identical customer base and regulatory framework as well as sales channels and digital control and service.

2G is consistently expanding its technological leadership through continuous research and development work, both in power plant and pump technologies as well as in specific software development for service and maintenance activities. The digital grid integration consistently implemented by 2G is an indispensable, system-relevant element in the future electricity market design and represents a high market entry hurdle for competitors. The sector coupling required for the success of the energy transition is reflected in 2G's portfolio.

2G employs more than 900 employees at its headquarters in Heek, Germany, in North America, as well as at six other European locations. The company is active in more than 50 countries and generated net sales of EUR 365.1 million in the 2023 financial year with an EBIT margin of 7.6%.

2G was founded in 1995. The shares of 2G Energy (ISIN DE000A0HL8N9) have been listed on the stock exchange market since 2007 and are included in the “Scale” segment of the Frankfurt Stock Exchange and listed in the Scale30 index.

Calendar 2025
February 27    Announcement of preliminary net sales 2024
April 01           Preliminary results for FY 2024, 2025 guidance
April 03           Metzler Small Cap Days, Frankfurt
April 28           Consolidated financial statements for FY 2024
May 12-13      Spring Conference, Frankfurt
May 22       Q1 key figures and business trends
June 12      Ordinary AGM, Ahaus
September 04    Consolidated financial statements for H1 2025
November 24     Q3 key figures and business trends
November, 24-25  German Equity Forum, Frankfurt

IR contact
2G Energy AG
Benzstrasse 3, 48619 Heek
Phone: +49 (0) 2568 93 47-2795
Fax: +49 (0) 2568 93 47-15
Email: ir@2-g.de
Internet: www.2-g.com