Waga Energy SA ( (FR:WAGA) ) has shared an announcement.
Waga Energy SA reported a 67% increase in revenues for 2024, driven by an 81% rise in Renewable Natural Gas production revenues. The company commissioned ten new WAGABOX units, expanding its operational capacity and increasing RNG injections by 72%, which helped avoid 142,000 tons of CO2 emissions. Waga Energy strengthened its financial structure by raising €223 million and is expanding its market presence with new contracts and projects in the US and Europe, forecasting substantial growth in recurring revenues and installed capacity by 2026.
More about Waga Energy SA
Waga Energy SA is a company involved in the renewable energy industry, focusing on the production and upgrade of Renewable Natural Gas (RNG) from biogas sourced from landfill sites. The company operates on a global scale, with significant market activities in Europe and North America, utilizing its proprietary WAGABOX technology to convert biogas into RNG.
YTD Price Performance: -11.38%
Average Trading Volume: 9,186
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €350.7M
Learn more about WAGA stock on TipRanks’ Stock Analysis page.