H2G Green Limited, a leading sustainable energy solutions provider, has announced the sale of certain assets from its lifestyle business to the Italian design furniture group Molteni&C. The transaction, formalised through a binding memorandum of understanding, involves the sale of equipment, furniture, and inventories at P5 Pte. Ltd.’s Singapore flagship store. This move marks a strategic shift for H2G, allowing it to concentrate resources on its rapidly expanding Energy Business.
The sale is part of H2G’s broader strategy to enhance operational efficiency and focus on its energy business, which saw its revenue nearly double to $4.2 million (S$5.7 million) in the financial year ending 31 March 2025. The company aims to expand its footprint in the Southeast Asian market over the next two years, with significant developments in its liquefied natural gas and hydrogen divisions.
The lifestyle business will continue to operate its remaining ventures, including furniture distribution and showroom operations in Singapore. P5 will also have the right of first refusal to provide installation and warehousing services for Molteni&C for two years. The transaction’s completion is contingent upon due diligence and the signing of definitive agreements by 1 December 2025.
H2G’s strategic realignment underscores its commitment to sustainability and energy transition, as it strengthens partnerships and builds technology capabilities to support its vision.
