Crowdfunding, with 7% interest, repaid as planned
Over 1.25 million euros raised through the GLS platform in 2019
Funds utilized for sales expansion, end-customer marketing, manufacturing capacity growth, and quality control measures
HPS Home Power Solutions AG, the world's leading provider of year-round energy storage systems based on green hydrogen for buildings, has fully and successfully repaid the crowdfunding financing it secured in 2019. Through the GLS Crowd platform, HPS received a total of 1.25 million euros, which were subject to an annual interest rate of 7%. Especially in times of low interest rates, the investment in and trust placed in HPS
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