Initiation of coverage WAGA ENERGY | BUY, EUR33 | Methane is (no more) in the air
Initiation of coverage WAGA ENERGY | BUY, EUR33 | Methane is (no more) in the airWhen it comes to waste management, the focus is often on new recycling solutions. Climate change and GHG emissions are hardly ever mentioned while waste – and landfills in particular - are a significant contributor to global GHG emissions, representing slightly more than 3%. Hopefully, Waga Energy has developed a solution to make landfills more sustainable, cut their GHG emissions and transform them into a sustainable local source of natural gas.
• We initiate coverage with a Buy rating and Target Price of EUR33
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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