Brief: Waga Energy Obtains Loan From Bpifrance to Finance First Spanish Project

Waga Energy SA

29/08/2023 17:03

Aug 29 (Reuters) - Waga Energy SA  WAGA.PA :
    * WAGA ENERGY OBTAINS A LOAN FROM BPIFRANCETO FINANCE ITS
FIRST
SPANISH PROJECT
    * HAS OBTAINED A LONG-TERM NON-RECOURSE BANK LOAN FOR AN
AMOUNT OF
EUR 6.6 MILLION FROM BPIFRANCE TO FINANCE ITS RENEWABLE NATURAL
GAS PRODUCTION UNIT
    * LOAN WILL ENABLE REPAYMENT OF EQUITY CONTRIBUTIONS FROM
GROUP
FOR ITS COMMISSIONING
    * WAGABOX® UNIT WILL SUPPLY 70 GWH OF RNG PER YEAR (240,000
MMBTU), EQUIVALENT OF ANNUAL CONSUMPTION OF 14,000 SPANISH
HOUSEHOLDS OR 200 BUSES

Source text for Eikon:  ID:nEQ8HMCgVa 
Further company coverage:  WAGA.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))