REG - EQTEC PLC - Project Funding Update: France

EQTECAnnouncement

03/12/2025 08:15

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RNS Number : 0551K  EQTEC PLC  03 December 2025

3 December 2025

EQTEC plc

("EQTEC" or the "Company")

 

Project Funding Update : France

 

EQTEC plc (AIM:EQT), a provider of syngas technology and engineering services
for clean conversion of waste into sustainable energy and biofuels, is pleased
to announce the extension of its collaboration with GRDF, strengthened by
further private funding to accelerate its advanced methanation projects.

Further Istres Project Funding

EQTEC maintains a strong existing partnership with GRDF, the French natural
gas distribution operator and subsidiary of ENGIE. As previously announced on
29 September 2025, EQTEC secured private funding to support the
5-tonnes-per-day Green Gas Provence project (the" Project") in Istres, France,
as part of a wider consortium funding GRDF to date has paid €177,000 to
complete the pre-FEED engineering work.

The Company last week received a further €50,000 in private funding towards
the Project.

New Methanation R&D Award

The Company further announces that a second consortium led by EQTEC has been
awarded €400,000 in private funding from GRDF following a competitive
R&D tender. This programme aims to deploy an integrated methanation system
at EQTEC's demo site at the LERMAB facility at the University of Lorraine in
Épinal, incorporating syngas polishing, water-gas shift, methanation and
membrane separation. The consortium partners include AlphaSynt GmbH, the Paul
Scherrer Institute and LERMAB / ELVEA Energy at the University of Lorraine.

The winning proposal will enable the installation of methanation equipment,
supplied by AlphaSynt GmbH, at the Company's demo facility during 2026,
followed by a six-month test programme designed to demonstrate the upgrading
of EQTEC's high-purity syngas into renewable methane, for injection into the
local gas network. EQTEC will supply engineering services, system integration
support and on-site technical assistance throughout the programme. A major
blue-chip utility has already expressed interest in accessing the results of
the test programme in return for direct participation.

The Company expects to receive approximately €150,000 from this second
funding award.

James Parsons, CEO of EQTEC, commented:

"These remain challenging conditions for EQTEC and for clean-tech companies
seeking commercial scale and investment. Yet, despite these headwinds, our
technology and our people are delivering progress where it matters: winning
tenders, securing private funding, and moving towards commercial deployment.
Our collaboration with both GRDF and our new consortium partners further
consolidates our position in advanced syngas and methanation and demonstrates
the capability of our Barcelona team and our technology.

This additional private funding marks the first tangible success of our
renewed focus on commercial outcomes, and we expect more to follow."

 

 

ENQUIRIES 

 

 EQTEC plc                                        +44 20 3883 7009 

 James Parsons

  
 Strand Hanson - Nomad & Financial Adviser        +44 20 7409 3494 

 James Harris / Richard Johnson 

  
 Global Investment Strategy UK Ltd - Broker       +44 20 7048 9045 

 Samantha Esqulant 

  

 

 

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