Strategic Expansion into Data Centres and Green Energy
HRC WORLD PLC
NASDAQ FIRST NORTH, COPENHAGEN
TICKER: HRC:CPH
ISIN: GB00BZ3CDY20
Announcement of strategic expansion into data centre facility business and green energy sector with planned capital raise through issuance of convertible loan notes.
Copenhagen – HRC World Plc (HRC:CPH) has announced its decision to strategically expand into the data centre facilities sector while embarking on initiatives in the green energy landscape. This expansion comes after two years of comprehensive feasibility studies in the region.
Historically, HRC World has focused on café management services aimed at driving event-based and tourist revenue for partner restaurants. Concurrently, the company has been engaged in the research and development of artificial intelligence technologies catered to the restaurant industry. It was through this R&D framework that the company recognized a significant gap in the data centre facilities market. HRC aims to fill this gap by acting as a sophisticated landlord for data centre operators.
Since the previous year, HRC has secured a client for its third-party data centre facility, which was initially intended for AI research activities. This transition has proven beneficial, generating significant revenues as highlighted in recent financial reports. The positive reception is prompting the company to explore a robust pipeline of confirmed and potential clients eager to lease data centre facilities that HRC plans to establish soon.
With the appointment of Alex George as the new CEO, bringing a wealth of experience in the green energy sector, HRC is also expanding its outreach to include green energy solutions. This initiative not only complements their data centre plans but also demonstrates a commitment to integrating sustainable energy practices and addressing the increasing demand for eco-friendly infrastructure.
To facilitate this accelerated growth, HRC World Plc intends to raise up to USD 10 million through the issuance of Convertible Loan Notes (CLN). These notes will be accessible to eligible accredited and institutional investors via the Company’s financial adviser and broker, Optiva Securities Limited, in the near future.
The details disclosed herein include information that was previously regarded as inside information according to Article 7 of the EU Market Abuse Regulation (EU No. 596/2014).
For additional inquiries, please reach out:
Financial Adviser and Broker:
Optiva Securities Limited
Vishal Balasingham
M: +44 (0) 203 981 4174
E: vishal.balasingham@optivasecurities.com
W: www.optivasecurities.com
About HRC World Plc
HRC World Plc is an emerging business in the Engineering, Procurement, Construction, and Commissioning (EPCC) alongside Operations and Maintenance (O&M) services, concentrating on sustainable energy solutions, data centre infrastructure, and innovative renewable energy initiatives. The company is actively working on developing energy-efficient data centres as well as renewable energy projects. These projects include mini hydroelectric systems, commercial solar installations, biogas technologies, portable nuclear generators, and versatile energy storage solutions. HRC has also successfully offered café management services to enhance event-driven revenues for local restaurants.
For ongoing updates, more information may be found at the Company’s official website: www.hrcplc.co.uk
Company contact details
HRC World Plc
+603 7786 0500
Email: info@hrcplc.co.uk
Certified Adviser
Keswick Global AG
Email: info@keswickglobal.com
+43 1 740 408045
Frequently Asked Questions
What is the main focus of HRC World Plc?
HRC World Plc primarily focuses on providing EPCC and O&M services in green energy, data centre infrastructure, and renewable energy solutions.
Why is HRC World expanding into data centres?
HRC identified a market gap that suggests a growing demand for sophisticated data centre facilities, enabling the company to generate significant revenue.
What role will the new CEO play in the expansion?
Alex George, as the new CEO, will leverage his experience in the green energy sector to integrate sustainable practices into HRC's operations.
How much capital does HRC plan to raise?
HRC World aims to raise up to USD 10 million through the issuance of Convertible Loan Notes for its expansion efforts.
Where can I find more information about HRC World Plc?
For further details about the company and its projects, visit the official website at www.hrcplc.co.uk.
