Waga Energy secures €128 million in green financing for its European expansion

Waga Energy, a key player in biomethane production in Europe, has announced the signing of a €128 million green structured financing agreement spanning ten years. This capital will support various projects, including the refinancing of twenty WAGABOX® units already in operation, as well as ongoing projects in France, Spain, and Italy. Furthermore, the financing will allow the company to explore new projects not yet under contract.

The financing structure relies on a collaboration with several financial institutions, such as Crédit Agricole CIB and Société Générale. The funds raised demonstrate the banking partners' confidence in Waga Energy's sustainable business model, which contributes to the capture and utilization of biogas, thereby reducing the climate impact of operating waste storage sites.