TCN Media & Investor Newsletter | PH2, 14D and FGH

The new financial year is upon us, setting the tone for what’s expected to be another dynamic 12 months across Australian markets.

But before we look too far ahead, investor attention is turning towards the period ended June 2025 reporting season, set to begin in earnest early next month. It will see many companies report their FY25 results.

This is a pivotal time for markets, as investors evaluate how ASX-listed companies executed their strategic growth initiatives and responded to a constantly changing economic backdrop.

Key themes likely to shape sentiment include margin resilience, capital allocation, and the quality of forward guidance - all within the context of global trade dynamics, interest rate uncertainty, inflationary pressures, and shifting consumer behaviour

We’ll also be keeping a close eye on investment thematics set to emerge over the coming year, with established trends such as the clean energy transition and electrification of global economies expected to remain firmly in focus.

Pure Hydrogen Corporation (ASX: PH2) 

Pure Hydrogen Corporation (ASX: PH2) is an Australian clean energy business seeking to become a key player in the rapidly evolving global hydrogen economy.

The company invests in multiple hydrogen production methods with a focus on becoming a leading supplier and producer of affordable hydrogen-powered devices, including hydrogen fuel cell vehicles.

More specifically, the group is strategically developing a hydrogen ecosystem in Australia which spans production, refuelling infrastructure, and hydrogen-powered transport.

In other words, it is targeting the delivery of zero-emissions solutions for heavy vehicles and industrial use.

In parallel, Pure Hydrogen is advancing its mobility platform through joint ventures such as H2X Global to develop hydrogen-powered trucks, buses, and commercial vehicles.

The company has already secured orders for hydrogen garbage trucks and minibuses from various councils and fleet operators, positioning itself as a first mover in the local clean transport market.International expansion is also underway.

Most recently, Pure Hydrogen nailed down a strategic distribution agreement with FRN Enterprise – a leading clean energy business in Argentina.

This partnership will support the rollout of Pure Hydrogen’s transport and energy solutions across South America, including hydrogen-powered generation, mobility, and supporting infrastructure.

The deal builds on the group’s already vast distribution footprint in two key markets, North America and South America.

For instance, Pure Hydrogen was recently named as the preferred supplier of hydrogen equipment and infrastructure for two projects worth US$28 million, as part of an agreement with Mexican clean energy business GreenH2 LATAM.

“We are delighted to finalise this transformative agreement with GreenH2 LATAM, coupled with significant purchase orders that underscore increasing demand for hydrogen solutions in Latin America. Following our recent orders with TOLL Transport and Heidelberg Materials, this deal further validates our strategy and enhances our global reach.” - Scott Brown, Pure Hydrogen Managing Director

1414 Degrees (ASX:14D)

1414 Degrees (ASX:14D) is marching forward with the commercialisation push for its silicon-based thermal energy storage system known as SiBox, which has already shown its efficacy in delivering clean, renewables-generated heat for industrial processes for hours or days without the need for recharging.

The system utilises the group’s proprietary SiBrick thermal energy storage technology to safely and efficiently store renewable electricity as latent heat, which is then available for use on demand.

In essence, the system could play a pivotal role in replacing fossil fuel-based heat in industrial processes, whilst helping protect businesses against intermittent electricity supply and power outages.

And the mass blackouts across Spain, Portugal, and parts of Western Europe in late April serve as a stark reminder of the need for resilient energy grids in a modern-day world characterised by economic decarbonisation.

1414 Degrees notched up several notable outcomes in recent times, including the delivery of a SiBox unit sales commercialisation model to Woodside Energy.

This detailed model has projected a 20-year growth trajectory for SiBox, based on up to 20 per cent penetration of the accessible industrial heat market.

More broadly, 1414 Degrees is advancing its growth strategy centred on becoming a full-service provider of decarbonised energy solutions.

In this regard, the company engaged Deloitte during the March quarter to develop a wide-ranging ‘Heat-as-a-Service’ framework, underpinned by a comprehensive financial model to assist 1414 Degrees in delivering integrated renewable electricity-gas heat contracts.

Foresta Group Holdings  (ASX: FGH)

Foresta Group Holdings (ASX: FGH) is a specialty chemicals and renewable biomass company aiming to revolutionise renewable energy and sustainable chemistry through its cutting-edge solutions designed to replace fossil fuels and petrochemicals.

In brief, it uses raw materials from sustainably grown pine forests in New Zealand to create high-value, environmentally friendly products.

Foresta’s torrefied wood pellets are generated through a unique process to create a solid uniform product, with lower moisture and about 30 per cent more energy than raw biomass.

These pellets provide a sustainable fuel source for industrial and power-generation applications.

The company’s pine extracts use a patented process which eliminates nearly 25 per cent of extra processing and petrochemicals by utilising natural oils from pine trees as the extractive.

This process helps increase the economic value of pine wood, whilst driving real decarbonisation in support of a sustainable future for forestry and industry.

Having already shown the efficacy of its technology, Foresta now plans to construct its first manufacturing facility in Kawerau, New Zealand. All up, it is targeting nine manufacturing plants across the nation before expanding the model internationally.

Earlier this year, the company signed a term sheet with Genesis Energy to assess the potential supply of torrefied biomass pellets for use in electricity generation at the Huntly Power Station.

Genesis aims to source up to 300,000 tonnes of torrefied biomass annually by FY28, as part of its strategy to phase out coal and transition New Zealand’s energy mix toward more sustainable alternatives.

“Our planned state-of-the-art integrated manufacturing facility in Kawerau will play a key role in reducing reliance on coal, and we are eager to collaborate with GENESIS to support New Zealand’s energy transition to net zero by 2050." - Henry Cheng, Foresta Group Executive Chairman

IPO Network Sydney Event

Finally, The IPO Network’s annual premier event on the topic of ‘Competition rises between equity capital markets and private equity in Australia’ is taking place on Wednesday 23 July.

Please reply to us with your expression of interest to attend for an insightful discussion on the shifting landscape of Australia's financial markets.

This event will explore the competition for fund raising between equity capital markets andprivate equity in Australia. Our industry experts will share their perspectives on the implicationsfor investors, businesses, and the broader economy.

When: Wednesday, 23 July 2025

Where: Merivale, Ivy Sunroom, 330 George Street, Sydney

Time: 6pm - 9pm (panel presentation to commence at 6.30pm)

The Capital Network is proud to be part of The IPO Network alliance.