Ripasso Energy In the PWR BLOK we must trust
We have raised our fair value to SEK10–16 (10–15) as we expect 2019 to be an exciting year for Ripasso Energy and one that could prove pivotal in its commercial rollout, turning potential into revenue. We like the PWR BLOK business case and believe the company has sufficient cash to manage its operations until H1 2020. Still, we consider it likely that it will raise new cash in a year’s time; we view Ripasso Energy as early-stage and high-risk.Swedish Stirling AB, formerly Ripasso Energy AB, is a Sweden-based clean tech company active in the energy industry, which aims to convert heat energy to electricity. The company offers a variety of solutions enabling power generation. Its engine can handle a wide range of fuels, such as industrial residual and flare gases and convert them into electrical energy.
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