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from Waga Energy (EPA:WAGA)

Veolia and Waga Energy commission a 6th Renewable Natural Gas production unit

Waga Energy
Veolia and Waga Energy commission a 6th Renewable Natural Gas production unit

26-Sep-2024 / 18:00 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
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Veolia and Waga Energy commission a 6th Renewable Natural Gas production unit

 

Waga Energy commissions an RNG production unit at the Granges landfill in Burgundy, eastern France. This marks the sixth renewable gas injection project undertaken with Veolia these past six years.
 

(Granges (Burgundy, France), September 26, 2024) - Waga Energy, a global expert in the production of Renewable Natural Gas from landfills, and Veolia, a global leader in water, waste and energy management solutions, have commissioned an RNG production unit at the Granges landfill in Burgundy (eastern France). The landfill is operated by Veolia’s subsidiary, Valest.

 

Thanks to the WAGABOX® technology, developed by Waga Energy, the gas spontaneously emitted by on-site landfilled waste is upgraded into RNG, a renewable substitute for fossil-based natural gas. The RNG is directly injected into the natural gas distribution network to supply households and businesses. Capable of purifying 375 Scfm (600m3/h) of raw gas and producing up to 85,300 MMBtu (25 GWh) of RNG per year, the unit can supply more than 3,000 homes while preventing emissions of around 3,300 tons of CO2 eq. per year into the atmosphere.

 

The Granges landfill processes up to 130,000 tons of waste per year. Previously, the landfill upgraded biogas in the form of electricity and heat using two cogeneration engines. The WAGABOX® unit now replaces one of them. It guarantees higher energy efficiency and supplies renewable energy that can replace fossil fuels (oil and natural gas) for transportation, manufacturing and heating needs, which account for a significant proportion of greenhouse gas emissions. Renewable gas production also helps to improve the community’s energy independence.

 

This marks the sixth RNG injection project undertaken in France by Veolia and Waga Energy in the last six years. The WAGABOX® units located at Veolia landfills offer a combined installed capacity of 800,000 MMBtu (235 GWh) per year, supplying over 35,000 households and avoiding the emission of more than 40,000 tons of CO2 eq. into the atmosphere each year.

 

Mathieu Lefebvre, Chief Executive Officer of Waga Energy, declared: “This sixth RNG project carried out with Veolia reflects the successful cooperation between a large multinational company and a young and innovative company, joining forces to make a concrete contribution to reducing greenhouse gas emissions. I am pleased and proud of our constructive collaboration, and particularly the impact of our jointly developed projects in an effort to protect the planet.”

 

About Waga Energy

Waga Energy (EPA: WAGA) produces competitively priced Renewable Natural Gas (RNG, also known as “biomethane”) by upgrading landfill gas using a patented purification technology called WAGABOX®. The RNG produced is injected directly into the gas distribution networks that supply individuals and businesses, providing a substitute for fossil natural gas. Waga Energy operates 28 RNG production units in France, Spain, Canada and the USA, representing an installed capacity of more than 1 TWh per year (3,412,960 MMBtu). Each project initiated by WagaEnergy contributes to the fight against global warming and helps the energy transition.

Waga Energy employs 250 people. The company is established in Philadelphia, PA, and Miami, FL. The 2023 consolidated revenue was 33.3m€. It is listed on Euronext Paris (FR0012532810 – EPA: WAGA).

www.waga-energy.com/en

 

 

Press contact

Anne-Gaëlle Fonthieure

+33 611 706 974

media@waga-energy.com


Regulatory filing PDF file

File: 2024-09-26_WagaEnergy_CommissioningBurgundy


Language:English
Company:Waga Energy
5 Rue Raymond Chanas
38320 Eybens
France
Phone:(33) 772 771 185
E-mail:laurent.barbotin@waga-energy.com
Internet:www.waga-energy.com
ISIN:FR0012532810
Euronext Ticker:WAGA
AMF Category:Inside information / Other releases
EQS News ID:1996683
 
End of AnnouncementEQS News Service

1996683  26-Sep-2024 CET/CEST

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