Charwood Energy Sees 57% Revenue Growth Amid Project Developments

Charwood Energy, a specialist in biomass energy solutions, reported a 57% revenue growth in the first half of 2026, reaching €5.5 million compared to €3.5 million in the previous year. The company, listed on Euronext Growth Paris, continues to expand its projects, though the ramp-up has temporarily impacted profitability, with an EBITDA of -€1.8 million.

The robust revenue was largely driven by third-party activities, accounting for 90% of the total. These include major projects such as biomass heating plants and a collaboration with GRDF on green gas injection, aimed at decarbonizing gas consumption.

Charwood maintains a solid financial stance with a €12 million secured order book and plans to deliver these projects into 2027. The company's proprietary activities also saw advancements, notably with the construction of a gasification plant for Verallia France.