Nel (Alternative Energy Equipment) Overview

  • Year Founded
  • 1927

Year Founded

  • Status
  • Public

  • Employees
  • 394

Employees

  • Stock Symbol
  • NEL

Stock Symbol

  • Investments
  • 16

  • Share Price
  • $0.23
  • (As of Friday Closing)

Nel (Alternative Energy Equipment) General Information

Description

NEL ASA is a hydrogen company delivering optimal solutions to produce, store and distribute hydrogen from renewable energy. It serves industries, energy, and gas companies with hydrogen technology. The company's hydrogen solutions cover the entire value chain from hydrogen production technologies to the manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles. The company's segments include Nel Alkaline Electrolyser and Nel PEM Electrolyser. It generates maximum revenue from the Nel Alkaline Electrolyser.Nel Alkaline Electrolyser segment global supplier of hydrogen production equipment based on alkaline water electrolysis technology.

Contact Information

Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • Karenslyst allé 49
  • 0279 Oslo
  • Norway
+47 23
Primary Industry
Energy Production
Other Industries
Alternative Energy Equipment
Stock Exchange
OSL
Corporate Office
  • Karenslyst allé 49
  • 0279 Oslo
  • Norway
+47 23

Nel (Alternative Energy Equipment) Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Nel (Alternative Energy Equipment) Stock Performance

As of 16-May-2025, Nel (Alternative Energy Equipment)’s stock price is $0.23. Its current market cap is $417M with 1.84B shares.

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$0.23 $0.22 $0.18 - $0.76 $417M 1.84B 7.8M -$0.02

Nel (Alternative Energy Equipment) Financials Summary

As of 31-Mar-2025, Nel (Alternative Energy Equipment) has a trailing 12-month revenue of $116M.

In Thousands,
USD
TTM 31-Mar-2025 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 277,514 238,099 804,584 1,872,473
Revenue 116,233 128,940 127,431 94,664
EBITDA (30,996) (14,749) (47,431) (111,395)
Net Income (36,794) (22,667) (80,737) (121,186)
Total Assets 603,722 556,044 772,538 709,178
Total Debt 24,580 22,933 25,531 22,758
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Nel (Alternative Energy Equipment) Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Nel (Alternative Energy Equipment) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
NEL ASA is a hydrogen company delivering optimal solutions to produce, store and distribute hydrogen from renewable ener
Energy Production
Oslo, Norway
394 As of 2025

New York, NY
 

Santa Barbara, CA
 
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Nel (Alternative Energy Equipment) Competitors (9)

One of Nel (Alternative Energy Equipment)’s 9 competitors is Plug Power, a Formerly VC-backed company based in New York, NY.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Plug Power Formerly VC-backed New York, NY
SunHydrogen Corporation Santa Barbara, CA
Nuvera Fuel Cells Corporate Backed or Acquired Billerica, MA
H2Pro Venture Capital-Backed Caesarea, Israel
Hy2gen Private Equity-Backed Wiesbaden, Germany
You’re viewing 5 of 9 competitors. Get the full list »

Nel (Alternative Energy Equipment) Patents

Nel (Alternative Energy Equipment) Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2011265523-A1 Alzheimer's probe kit Inactive 03-Nov-2011
CA-2762779-A1 Alzheimer's probe kit Inactive 03-Nov-2011
US-20130116132-A1 Alzheimer's probe kit Inactive 03-Nov-2011
CA-2786860-A1 Diagnostic gene expression platform Inactive 15-Jan-2010
US-20120295815-A1 Diagnostic gene expression platform Inactive 15-Jan-2010 C12Q1/6886
To view Nel (Alternative Energy Equipment)’s complete patent history, request access »

Nel (Alternative Energy Equipment) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Nel (Alternative Energy Equipment) Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Nel (Alternative Energy Equipment) Investments & Acquisitions (16)

Nel (Alternative Energy Equipment)’s most recent deal was a Joint Venture with Developer of Power to X Facility ( MET Group and Nel ASA). The deal was made on 01-Jun-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Developer of Power to X Facility ( MET Group and Nel ASA) 01-Jun-2022 Joint Venture Other Energy Services
Joint Venture (Nel / SFC Energy) 18-Aug-2021 Joint Venture Alternative Energy Equipment
Everfuel 21-Oct-2020 PE Growth/Expansion Energy Production
Liquid Wind 01-Feb-2020 Seed Round Other Materials
Everfuel 01-Jun-2019 Joint Venture Energy Production
You’re viewing 5 of 16 investments and acquisitions. Get the full list »

Nel (Alternative Energy Equipment) ESG

Risk Overview

Risk Rating

Updated January, 21, 2025

24.05 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 14,631

Rank

Percentile

Machinery

Industry

of 570

Rank

Percentile

Industrial Machinery

Subindustry

of 421

Rank

Percentile

To view Nel (Alternative Energy Equipment)’s complete esg history, request access »

Nel (Alternative Energy Equipment) Exits (4)

Nel (Alternative Energy Equipment)’s most recent exit was on 21-Oct-2020 from Everfuel. The exit was categorized as with 4 buyers.

Company Name Exit Date Exit Type Exit Size Status Buyers
Everfuel 21-Oct-2020 Completed
  • 4 buyers
Everfuel 01-Jun-2019 Completed
  • 2 buyers
JW Marine 20-Mar-2007 Completed
  • 2 buyers
Nikola Later Stage VC Completed
To view Nel (Alternative Energy Equipment)’s complete exits history, request access »

Nel (Alternative Energy Equipment) Affiliates

Subsidiaries (2)

Name Industry Location Year Founded
NEL-Hydrogen Oslo, Norway 1927
New Nel Hydrogen

Nel (Alternative Energy Equipment) FAQs

  • When was Nel (Alternative Energy Equipment) founded?

    Nel (Alternative Energy Equipment) was founded in 1927.

  • Where is Nel (Alternative Energy Equipment) headquartered?

    Nel (Alternative Energy Equipment) is headquartered in Oslo, Norway.

  • What is the size of Nel (Alternative Energy Equipment)?

    Nel (Alternative Energy Equipment) has 394 total employees.

  • What industry is Nel (Alternative Energy Equipment) in?

    Nel (Alternative Energy Equipment)’s primary industry is Energy Production.

  • Is Nel (Alternative Energy Equipment) a private or public company?

    Nel (Alternative Energy Equipment) is a Public company.

  • What is Nel (Alternative Energy Equipment)’s stock symbol?

    The ticker symbol for Nel (Alternative Energy Equipment) is NEL.

  • What is the current stock price of Nel (Alternative Energy Equipment)?

    As of 16-May-2025 the stock price of Nel (Alternative Energy Equipment) is $0.23.

  • What is the current market cap of Nel (Alternative Energy Equipment)?

    The current market capitalization of Nel (Alternative Energy Equipment) is $417M.

  • What is Nel (Alternative Energy Equipment)’s current revenue?

    The trailing twelve month revenue for Nel (Alternative Energy Equipment) is $116M.

  • Who are Nel (Alternative Energy Equipment)’s competitors?

    Plug Power, SunHydrogen, Nuvera Fuel Cells, H2Pro, and Hy2gen are some of the 9 competitors of Nel (Alternative Energy Equipment).

  • What is Nel (Alternative Energy Equipment)’s annual earnings per share (EPS)?

    Nel (Alternative Energy Equipment)’s EPS for 12 months was -$0.02.

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