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Mahaut Arnaud ... (+3)
  • Mahaut Arnaud
  • Paul de Froment
  • Thomas Mordelle

HydrogenPro: up to NOK140m in equity financing from Andritz, MHI and L...

HydrogenPro announced yesterday that it has secured (i) NOK70m in new equity from its existing strategic investors Andritz and Misubishi Heavy Industries (MHI) through a private placement, as well as (ii) an investment agreement for a conditional NOK70m equity investment and a cooperation agreement

Mahaut Arnaud ... (+3)
  • Mahaut Arnaud
  • Paul de Froment
  • Thomas Mordelle

Waga Energy: EUR12m debt refinancing

Waga Energy yesterday announced that it has secured a EUR12m non-recourse loan with a 13.5 year term from BNP Paribas and Crédit Agricole. This transaction allows Waga Energy to fully refinance four small Wagabox units in France, namely Montois-la-Montagne (15GWh/year), Cusset (17GWh/year), Eteigni

Mahaut Arnaud ... (+3)
  • Mahaut Arnaud
  • Paul de Froment
  • Thomas Mordelle

Carbios: reference unit construction postponed

Yesterday, Carbios announced it is delaying the construction of its PET biorecycling plant in Longlaville for six/nine months. Related investments are therefore expected to slow in order to (i) reduce cash burn, and (ii) pursue commercial discussions without liquidity pressures. While Carbios has a

 PRESS RELEASE

McPhy and the University of Florence (UNIFI) sign a joint laboratory &...

McPhy and the University of Florence (UNIFI) sign a joint laboratory & research partnership agreement Foussemagne (France) and Florence (Italy), on December 19th, 2024 – 5:45 pm CET – McPhy Energy, a leading European player in alkaline electrolyzer technology and manufacturing, today announces the signing of a Joint Laboratory and a research partnership with the University of Florence (UNIFI). This Joint Laboratory will provide additional testing capabilities that McPhy will use to enhance the performance of its technologies. In the fast-growing and highly strategic green hydrogen sector...

 PRESS RELEASE

McPhy Energy : McPhy et l'Université de Florence (UNIFI) signent un ac...

McPhy Energy : McPhy et l'Université de Florence (UNIFI) signent un accord portant sur un laboratoire commun et un partenariat de recherche Foussemagne (France) et Florence (Italie), le 19 décembre 2024 – 17h45 CET - McPhy Energy, acteur européen de premier plan dans la technologie et la fabrication d'électrolyseurs alcalins, annonce aujourd'hui la signature d'un accord portant sur la création d’un laboratoire commun accompagnée d’un partenariat de recherche avec l'Université de Florence (UNIFI). Ce laboratoire commun fournira des capacités d'essai supplémentaires que McPhy utilisera pour...

Mahaut Arnaud ... (+3)
  • Mahaut Arnaud
  • Paul de Froment
  • Thomas Mordelle

Waga Energy: another contract in Pennsylvania

Waga Energy yesterday announced a new contract in West Grove (Pennsylvania, US) on a site operated by local waste management organisation SECCRA (South Eastern Chester County Refuse Authority), which supervises waste collection, storage and incineration for 24 municipalities and more than 150Kt of

Mahaut Arnaud ... (+3)
  • Mahaut Arnaud
  • Paul de Froment
  • Thomas Mordelle

Waga Energy: two large projects in California

Yesterday, Waga Energy announced it had reached an agreement with G2 Energy to install and operate two Wagabox units on landfill sites owned by Recology in California (US). The two contracts are not only significant in size and the first announced on the West Coast, but Waga Energy is also partneri

 PRESS RELEASE

McPhy Energy: Monthly information relating to the total number of voti...

McPhy Energy: Monthly information relating to the total number of voting rights and outstanding shares (November 30, 2024) Monthly informationrelating to the total number of voting rights and outstanding sharesIn accordance with articles L. 233-8-II of the French Commercial Code and223-16 of the Autorité des Marchés Financiers General Regulation Reporting company: Corporate name: McPhy Energy Public Limited company (société anonyme) with Board of DirectorsRegistered office: Aéroparc – 1615 Avenue de la Grande Piste, 90150 FoussemagneRegistered under number 502 205 917 R.C.S. BelfortEurone...

 PRESS RELEASE

McPhy Energy : Déclaration du nombre total des droits de vote et du no...

McPhy Energy : Déclaration du nombre total des droits de vote et du nombre d’actions au 30 novembre 2024 Information mensuelle relative au nombre total des droits de vote et d’actions composant le capital socialConformément aux articles L. 233-8-II du Code de commerce et223-16 du Règlement général de l’Autorité des Marchés Financiers Société déclarante : Dénomination sociale : McPhy Energy Société Anonyme à Conseil d’AdministrationSiège social : Aéroparc – 1615 Avenue de la Grande Piste, 90150 FoussemagneImmatriculée sous le n° 502 205 917 R.C.S. BelfortEuronext Growth Paris (Code ISIN : ...

Reg Watson ... (+2)
  • Reg Watson
  • CFA

Avantium/Four of a kind/BUY

We update our Avantium financial model to account for the latest round of fundraising which has brought in additional financing of c.€46m via four separate instruments. Our target price remains unchanged at €9.57 and we maintain our BUY recommendation.

Mahaut Arnaud ... (+3)
  • Mahaut Arnaud
  • Paul de Froment
  • Thomas Mordelle

Waga: small contract in France

This morning, Waga announced it has been selected by Avergies, a local renewable project developer, and Valorizon, the regional waste syndicate, to install and operate a Wagabox on a landfill managing around 30Kt/year of waste. Planned to be operational by late 2025, this site will be equipped with

Usama Tariq ... (+2)
  • Usama Tariq
  • Wim Gille
Mahaut Arnaud ... (+3)
  • Mahaut Arnaud
  • Paul de Froment
  • Thomas Mordelle

ITM Power: H1 prelims, FY25 guidance upgrade

Yesterday, ITM Power revealed preliminary H1 2025 numbers with revenue growing by >70% YoY to GBP15.2m (vs FY25 cons. at GBP21.4m, and BGe at GBP21.6m) and an improving adj. EBITDA loss at GBP17.1m from -GBP21m in H1 2024 (vs cons. at -GBP35.9m and BGe at -GBP37.3m). Measures taken to de-bottlen

Mahaut Arnaud ... (+3)
  • Mahaut Arnaud
  • Paul de Froment
  • Thomas Mordelle

Avantium: EUR46m funding successfully secured

Yesterday, Avantium announced that it has secured a debt financing package of up to EUR35.1m in the form of debt facilities and a shareholder convertible loan. This has been complemented by an ABB of EUR11.2m. This successful operation provides Avantium with a total financing package of EUR46.3m, s

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