on Waga Energy (EPA:WAGA)
Waga Energy Expands Green Syndicated Loan to €124 Million
On April 11, 2025, Waga Energy, a leader in renewable natural gas production from landfills, announced that it has increased its syndicated loan by €24 million, bringing the total to €124 million. This adjustment follows the original €100 million loan agreed in July 2024.
The transaction involved four financial institutions, including Arkéa Banque Entreprises et Institutionnels and Banque Populaire Auvergne Rhône Alpes from the initial consortium, alongside CIC Private Debt and CIC Lyonnaise de Banque. The funds, labeled as a "green loan," aim to finance climate change mitigation projects in line with European regulations.
This expansion supports Waga Energy's international growth, with 19 production units under development in multiple countries. CFO Jean-Michel Thibaud expressed gratitude to partners for their trust, underscoring confidence in sustainable cash flow generation.
R. P.
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