Blockchain Registration Transaction Record

Mutares’ Nord Gas Solutions Sees Record EUR 880M Order Backlog

Mutares portfolio company Nord Gas Solutions reports record EUR 880M order backlog, strong 2026 revenue outlook, and evaluates strategic exit options including a potential Nordic IPO.

This news matters because it highlights the critical role of gas infrastructure in meeting global energy demand and ensuring energy security amid geopolitical uncertainty. NGS’s record backlog and strong financials demonstrate the resilience of the gas solutions market, which is essential for both traditional energy supply and the energy transition. The potential public listing could offer investors a new opportunity to participate in the growth of a key player in LNG and gas technologies, while also signaling confidence in the sector’s long-term prospects. As the world balances energy reliability with decarbonization, companies like NGS are poised to benefit from sustained investment in floating infrastructure, ammonia cracking, and emissions recovery systems.