ISIN:FR0012532810

Séché Environnement and Waga Energy start up a RNG production unit in North of France

Retrieved on: 
Mercredi, avril 10, 2024
Waste management, Opal, Climate, EPA, Methane, CO2, Kilowatt-hour, Natural gas, Sainte-Marie-Kerque, Renewable natural gas, RNG, Renewable energy

Séché Environnement, an international player in the circular economy and environmental services, and Waga Energy (EPA: WAGA), a global expert in the production of Renewable Natural Gas from landfills, have started up a Renewable Natural Gas (RNG) production unit at the Opal Environnement site, a subsidiary of the Séché Environnement group, in Sainte-Marie-Kerque (Northwestern France).

Key Points: 
  • Séché Environnement, an international player in the circular economy and environmental services, and Waga Energy (EPA: WAGA), a global expert in the production of Renewable Natural Gas from landfills, have started up a Renewable Natural Gas (RNG) production unit at the Opal Environnement site, a subsidiary of the Séché Environnement group, in Sainte-Marie-Kerque (Northwestern France).
  • The WAGABOX® unit will significantly increase the landfill energy production, providing energy that will help to decarbonize sectors such as transport and industry – still totally dependent on fossil fuels.
  • Maxime Séché, Chief Executive Officer of Séché Environnement, said: "This RNG production plant illustrates the Séché Environnement group’s commitment to circular economy and ecological transition of territories and industries.
  • Mathieu Lefebvre, Chief Executive Officer of Waga Energy, said: "Thanks to the WAGABOX® technology, the Sainte-Marie-Kerque landfill has become a RNG producer, and now supplies the local community with low-carbon energy.

Waga Energy successfully raises €52 million in an accelerated bookbuild offering

Retrieved on: 
Mercredi, avril 10, 2024
Offering, CMA-CGM, IPO, Climate, EPA, Methane, Renewable natural gas, Commercial code, RNG, Security (finance)

The settlement-delivery of the Offering is expected to occur on March 25, 2024, subject to customary conditions.

Key Points: 
  • The settlement-delivery of the Offering is expected to occur on March 25, 2024, subject to customary conditions.
  • Gross proceeds from the Offering amount to €52 million, and net proceeds amount to approximately €50.2 million.
  • 3,939,394 New Shares will be issued, representing c. 19.2% of the Company’s existing share capital before Offering.
  • By way of illustration, a shareholder holding 1% of the share capital prior to the Offering and which did not participate in the Offering will hold 0.8% after completion of the Offering.

Waga Energy and Steuben County Commence RNG Production at the Bath Landfill in New York

Retrieved on: 
Mercredi, avril 10, 2024
Natural gas, Corning, Carbon, EPA, Kilowatt-hour, Renewable natural gas, RNG

Waga Energy (EPA: WAGA), a global expert in the production of Renewable Natural Gas (RNG) from landfills, and Steuben County, a county covering 1,397 square miles with a population of approximately 94,000, are producing renewable natural gas (RNG) at the Steuben County Landfill in Bath, New York.

Key Points: 
  • Waga Energy (EPA: WAGA), a global expert in the production of Renewable Natural Gas (RNG) from landfills, and Steuben County, a county covering 1,397 square miles with a population of approximately 94,000, are producing renewable natural gas (RNG) at the Steuben County Landfill in Bath, New York.
  • Steuben County is the first municipality in the United States to utilize Waga Energy’s WAGABOX® facility to upgrade its landfill gas into RNG.
  • Waga Energy will operate and maintain the WAGABOX® unit under a 20-year landfill gas rights agreement with Steuben County.
  • Christopher Brewer, Deputy County Manager of Steuben County, said: “We are excited to partner with Waga Energy to develop this renewable natural gas project.

Waga Energy increases the amount allocated to liquidity contract

Retrieved on: 
Mercredi, avril 10, 2024
AMF, EPA, Portzamparc, Cryptocurrency

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • On April 2, 2024, Waga Energy (EPA: WAGA) signed an amendment to the liquidity contract concluded with Portzamparc-BNP Paribas on November 19, 2021 in order to allocate an additional €300,000 to the contract.
  • This arrangement, which falls within the framework of AMF decision 2021-01 of June 22, 2021 on the establishment of liquidity contracts on equity securities consistent with accepted market practice, is intended to improve share liquidity and trading conditions for investors.
  • As such, the liquidity contract position after allocation of these new funds as of April 2, 2024 is:

Waga Energy announces the launch of an accelerated bookbuild offering for a minimum amount of €45 million

Retrieved on: 
Mercredi, avril 10, 2024
EGM, Natural gas, Growth, Offering, CMA-CGM, Lazard, Partnership, Financial adviser, Sale, IPO, Risk, EPA, Investment, AMF, Calendar, Legal Advisor, Renewable natural gas, Commercial code, RNG, Security (finance)

We now own 20 units in operation, 13 under construction, and with approximately 160 projects in the pipeline.

Key Points: 
  • We now own 20 units in operation, 13 under construction, and with approximately 160 projects in the pipeline.
  • Half of these projects are located in the United States, where we have recently commenced operations at our first facility.
  • This financing will enable us to capitalize on opportunities in this strategic market, where we have won several RFPs in recent months.
  • Waga Energy intends to raise gross proceeds amounting to a minimum of €45 million from the Offering of which €18.3 million have already been committed through the Subscription Commitments.