Fenagy

Fenagy will supply CO2 heat pumps totaling 3.3MW to a district heating plant in Sonder Felding, Denmark. The order is worth SEK20m (€2m) and includes two air-to-water heat pumps.

Beijer Ref's subsidiary Fenagy entered an agreement to supply a 3.3 MW CO2 heat pump to Sdr. Felding Varmeværk, the largest order ever for Fenagy, valued at SEK 20 million.

Beijer Ref increased its holding to just over 50% in Danish refrigeration technology company Fenagy A/S, which produces industrial heat pumps.

Beijer Ref increased its ownership in Danish refrigeration technology company Fenagy A/S to just over 50% for DKK 19 million, becoming the majority shareholder.

Beijer Ref AB entered an agreement to invest in Danish refrigeration technology company Fenagy A/S, becoming a minority owner with an option to become majority owner within four years. Fenagy develops industrial heat pumps and cooling systems using CO2 refrigerant.

Swedish refrigeration manufacturer Beijer Ref has invested in Danish start-up Fenagy, which specializes in CO2 technology for industrial refrigeration and heat pumps. The investment amount was not disclosed.