Waga Energy is holding an investor day today, at which the management team will present the Group's strategic objectives for the 2024-2026 period.

The Group is aiming to accelerate its international development in a context of strong growth in global demand for biomethane, and confirms its 2026 objectives and profitability ambitions for the 2025 financial year.

For the period 2024-2026, the Group's objectives are to expand in Europe and North America, increase industrial production capacity for WAGABOX® units, maintain the high level of operational excellence and profitability of the fleet in operation, accelerate the rate of assembly and installation of WAGABOX® units, and reinforce its technological lead.

Waga Energy confirms its 2026 targets. The Group is aiming for sales of around 200 million euros, installed capacity of around 4 TWh/year, contracted recurring annual sales of over 400 million euros, and installed capacity enabling the emission of 660,000 tonnes of eqCO2 to be avoided per year.

The Group aims to achieve break-even (EBITDA) in fiscal 2025, while maintaining its strong growth momentum.

' We want to be ready to seize new development opportunities in territories with strong demand for biomethane, while continuing to secure our capacity to deploy WAGABOX® units, ensure their ongoing operation and enhance our technological solutions ' said Mathieu Lefebvre, Guénaël Prince and Nicolas Paget, co-founders of Waga Energy.

Copyright (c) 2024 CercleFinance.com. All rights reserved.