Advent Technologies Holdings Inc (ADN)

[KJAX]

I'm starting to increase my position. Re-reading Advent Technologies investor presentation. $100 million revenue opportunity per 1 GW of demand. If I'm reading right White Dragon project would bring in $465 million in revenues for ADN.

White Dragon consortium of companies, is set to replace Greece’s largest coal-fired plants, with renewable solar energy parks, which will be supported by green hydrogen production (4.65GW), and fuel cell heat and power production (400MW). The projects are part of the “Hydrogen Technologies” IPCEI and will now move towards approval at European Union (“EU”) level. As a next step, Advent will demonstrate before the European Commission (DG Competition) the economic, environmental, financial, social, technical feasibility of the project and the positive spillover effects to the European economy and society. Upon successful assessment, Advent will receive a final notification from the European Commission.

https://www.advent.energy/2021/09/07/advent-technologies-projects-white-dragon-green-hipo-4-65gw-green-hydrogen-400mw-fuel-cells-approved-by-greek-government-and-submitted-to-eu/

https://www.sec.gov/Archives/edgar/data/1744494/000114036120023351/brhc10016074_ex99-1.htm