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Waga Energy SA ( (FR:WAGA) ) has provided an update.
Waga Energy has secured a contract with the Aix-Marseille-Provence Metropolis to build and operate a biomethane production unit at the Arbois waste storage facility. This project, which integrates the use of photovoltaic power, will produce significant volumes of renewable gas, contributing to environmental goals and energy autonomy. The initiative will also prevent substantial CO2 emissions, support the circular economy, and generate shared revenues from biomethane sales and certificates.
More about Waga Energy SA
Founded in 2015, Waga Energy specializes in producing biomethane by recovering gas from waste storage sites using its patented WAGABOX® technology. The company operates biomethane production units across several countries, including France, Spain, the United States, and Canada, and is listed on Euronext Paris. Waga Energy plays a crucial role in the energy transition and the fight against climate change by providing a renewable alternative to fossil natural gas.
YTD Price Performance: -2.75%
Average Trading Volume: 8,090
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €384.8M
For an in-depth examination of WAGA stock, go to TipRanks’ Stock Analysis page.