Regulatory News:

La Française de l'Énergie (Paris:LFDE) (Euronext: LFDE - ISIN: FR0013030152), leader in industrial ecology, and Lendosphere, the leading crowdfunding platform dedicated to sustainable development projects, are proud to announce that the initial fundraising objective set at € 2,250,000 for the first phase of the Gazonor Béthune project has been exceeded in record time.

Target exceeded with the support of 1,148 participants

In less than a month, Gazonor Béthune, a subsidiary of La Française de l'Energie, raised € 2,425,000 from 1,148 lenders via the Lendosphere platform, to cover part of the capital expenditures related to the Bethune project. A significant portion of the citizens who participated in the funding are residents of the Hauts-de-France region, once again demonstrating the relevance of the local model promoted by La Francaise de l' Energie.

“We would like to thank the 1,148 investors for their confidence and enthusiasm towards our project. The first fundraising largely exceeded the objective we had initially set for ourselves, and its success confirms our desire to set up local financing circuits allowing citizens to be involved in the development of a unique project in Europe.”, welcomes Julien Moulin, Chairman of La Française de l'Energie

Launch of the second tranche of this crowdfunding

Building on this remarkable first success, the Group is launching tomorrow, January 4, 2021, the second tranche of this crowdfunding, open to all and with the aim of raising € 2,075,000.

This raise still concerns Gazonor Béthune, the subsidiary of La Française de l'Energie, which is building and will begin to operate two cogeneration units powered by abandoned mine methane captured in the former mining galleries of Hauts-de-France, enabling this fatal gas to be used in the Béthune heating network (Hauts-de-France).

This flagship project of the Rev3 initiative developed by the Region will enable the city's heating network to be among the greenest and cheapest in France.

An estimated 150,000 tonnes of CO2eq emissions will be avoided thanks to the recovery of the abandoned mine methane that would otherwise go to the atmosphere. That gas will be transported to Béthune, where the two cogeneration units will transform it into green electricity and heat. Commissioning is scheduled for early 2021.

Through this innovative and participatory financing approach, La Française de l'Energie confirms its local positioning by also offering citizens the opportunity to participate in the greening of French energy.

The investment terms (interest rate, duration, etc.) of the second tranche of this crowfunding, identical to the first, are presented at: www.lendosphere.com/bethune

Next announcement:
January 26th, 2021 – First Quarter 2021 Sales

Reuters code: LFDE.PA
Bloomberg code: LFDE.FP

About La Française de l’Énergie
La Française de l'Energie is a Lorraine SME, leader in industrial ecology, specializing in producing the gas present directly in the coal and in the former coal mines of France and Belgium. Thanks to its recognised know-how in geology and engineering combined to its local positioning, La Française de l'Energie supplies gas, green electricity and heat to regional players, replacing imported energy by energy local and cleaner energy. La Française de l'Energie is on a significant growth path and aims to become a major player in the energy sector in Europe. The company is labelled as a young innovative company by Bpifrance.

More information available on www.francaisedelenergie.fr

Disclaimer
This press release contains certain forward - looking statements and estimates concerning LFDE’s financial condition, operating results, strategy, projects and future performance and the markets in which it operates. Such forward-looking statements and estimates may be identified by words such as “anticipate,” “believe,” “can,” “could,” “estimate,” “expect,” “intend,” “is designed to,” “may,” “might,” “plan,” “potential,” “predict,” “objective,” “should,” or the negative of these and similar expressions. They incorporate all topics that are not historical facts. Forward looking statements, forecasts and estimates are based on management’s current assumptions and assessment of risks, uncertainties and other factors, known and unknown, which were deemed to be reasonable at the time they were made but which may turn out to be incorrect. Events and outcomes are difficult to predict and depend on factors beyond the company’s control. Consequently, the actual results, financial condition, performances and/or achievements of LFDE or of the industry may turn out to differ materially from the future results, performances or achievements expressed or implied by these statements, forecasts and estimates. Owing to these uncertainties, no representation is made as to the correctness or fairness of these forward-looking statements, forecasts and estimates. Furthermore, forward-looking statements, forecasts and estimates speak only as of the date on which they are made, and LFDE undertakes no obligation to update or revise any of them, whether as a result of new information, future events or otherwise, except as required by law.