Brief: Francaise De L'Energie's Gazonor Béthune Beats Initial Fundraising Target

La Francaise de l Energie SA

04/01/2021 17:56

Jan 4 (Reuters) - La Francaise de l Energie SA  LFDE.PA :
    * INITIAL FUNDRAISING OBJECTIVE SET AT EUR 2,250,000 FOR
FIRST
PHASE OF GAZONOR BÉTHUNE PROJECT HAS BEEN EXCEEDED
    * IN LESS THAN A MONTH, SUBSIDIARY GAZONOR BÉTHUNE RAISED
EUR
2,425,000 FROM 1,148 LENDERS VIA LENDOSPHERE PLATFORM
    * IS LAUNCHING ON JAN 4, 2021 SECOND TRANCHE OF THIS
CROWDFUNDING,
OPEN TO ALL AND WITH AIM OF RAISING EUR 2,075,000
    * FUNDING TO COVER PART OF CAPITAL EXPENDITURES RELATED TO
BETHUNE
PROJECT
    * ESTIMATED 150,000 TONNES OF CO2EQ EMISSIONS WILL BE
AVOIDED
THANKS TO RECOVERY OF ABANDONED MINE METHANE THAT WOULD
OTHERWISE GO TO ATMOSPHERE
    * COMMISSIONING IS SCHEDULED FOR EARLY 2021

Source text for Eikon:  ID:nBw85qV04a 
Further company coverage:  LFDE.PA 

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