Waga Energy: capital increase of a minimum amount of 45 million euros – 03/20/2024 at 6:13 p.m.


(AOF) – Waga Energy (specialist in the production of biomethane on waste storage sites) announces the launch of a capital increase with elimination of shareholders’ preferential subscription rights reserved for categories of beneficiaries, for a total amount minimum of 45 million euros. The offer includes investments from Air Liquide Investissements d’Avenir et Démonstration (ALIAD), Noria, Starquest, VOL-V, CMA-CGM and Tertium Croissance, historical shareholders, and from Enowe, which have signed subscription commitments.

Waga Energy is experiencing a significant acceleration in its growth, particularly in North America, and intends to use the net proceeds of the offering to finance the equity portion of investments (capex) of new projects and the prefabrication and manufacturing of Wagabox units in order to support its international growth.

With the net proceeds from the offering, as well as other non-dilutive sources of financing, including corporate debt, the company expects to be able to finance the investments (capex) necessary to achieve its turnover target of €200 million. euros in 2026.

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