La Française de l’Énergie (Euronext: LFDE – ISIN: FR0013030152), producer of energy with a negative carbon footprint, announces the commissioning of 3 additional cogeneration units at its Anderlues site, in Wallonia, including the installed power increases from 3.0 to 7.5 MW, in accordance with its development plan.
This very significant increase in production capacity in Belgium is taking place in a particularly favorable electricity price environment with average selling price expected at more than €200/MWh in the first quarter.
A major contribution to the reduction of greenhouse gas emissions.
Thanks to the 5 cogeneration units now installed, the capture of mine gas on the Anderlues site will enable the group to avoid the annual discharge of more than 500 000 tons of CO2eq emissions and confirms the positioning of La Française de l’Energie as one of the main players in the ecological transition of the Walloon region.
La Française de l’Énergie therefore confirms its objective of achieving annualized revenue of €35 million and an EBITDA margin of more than 45% by the end of 2022.
Turnover 1er Semester 2021-2022 – January 25, 2022
La Française de l’Énergie is eligible for the PEA and PEA-PME
Reuters code: LFDE.PA
Bloomberg code: LFDE.FP
About La Française de l’Energie
La Française de l’Énergie is an SME with a negative carbon footprint, specializing in setting up production sites and energy recovery via short circuits. La Française de l’Energie supplies regional players with gas, electricity and heat, thus replacing imported energy with local, cleaner energy. La Française de l’Énergie has strong development potential and aims to become a leading independent player in the energy sector in Europe.
For more information, visit http://www.francaisedelenergie.fr/
This press release contains forward-looking information concerning the prospects and growth strategies of La Francaise de l’Energie and its subsidiaries (the “Group”). These elements include indications relating to the Group’s intentions, its strategies, its growth prospects and trends concerning its operating results, its financial situation and its cash position. Although these indications are based on data, assumptions and estimates that the Group considers to be reasonable, they are subject to numerous risk factors and uncertainties such that the actual results may differ from those anticipated or implied by these indications due to a multitude of factors, in particular those described in the documents registered with the Autorité des marchés financiers (AMF) available on the website of La Francaise de l’Energie (www.francaisedelenergie.fr). The forward-looking information contained in this press release reflects the indications given by the Group on the date of this document. Unless there is a legal obligation, the Group expressly declines any commitment to update these forward-looking elements in the light of new information or future developments.