Waga Energy

Capital/Financing Update • Apr 11, 2025

Waga Energy increases to €124 million its green syndicated loan

Eybens (France), April 11, 2025 – Waga Energy (EPA : WAGA), the world leader in renewable natural gas (RNG) production on landfills, has increased by €24 million the amount of its €100 million corporate syndicated loan signed in July 2024. The total amount now stands at €124 million, with conditions remaining identical to those initially negotiated.

The transaction was subscribed by 4 banks and debt funds: Arkéa Banque Entreprises et Institutionnels and Banque Populaire Auvergne Rhône Alpes (members of the initial banking consortium), as well as CIC Private Debt through its CIC Transition Infra Debt 2 fund and CIC Lyonnaise de Banque, which join the transaction on this occasion.

This loan, labeled as a "green loan," will be used to finance projects that make a substantial contribution to climate change mitigation, in compliance with the European green taxonomy. This increase will support Waga Energy's accelerated international development, as the company is currently constructing 19 production units in France, Spain, Italy, Canada, and the United States.

Jean-Michel Thibaud, Group CFO and Deputy CEO of Waga Energy, stated: "I would like to thank Arkéa Banque Entreprises et Institutionnels and Banque Populaire Auvergne Rhône Alpes for their renewed trust, as well as CIC Private Debt and CIC Lyonnaise de Banque for joining the banking pool established last year. The extension of this syndicated loan demonstrates our banking partners' confidence in our ability to generate predictable cash flows over time through our biomethane production projects."

About Waga Energy

Founded in 2015, Waga Energy (EPA: WAGA) produces competitively priced Renewable Natural Gas (RNG, also known as biomethane) by upgrading landfill gas using a patented purification technology called WAGABOX® . The RNG produced is injected directly into the gas distribution networks that supply individuals and businesses, providing a substitute for fossil natural gas.

Waga Energy operates 30 RNG production units in France, Spain, Canada and the USA, representing an installed capacity of more than 3,410,000 MMBtu (1.4 TWh) per year. Waga Energy now has 19 RNG production units under construction worldwide. Each project initiated by Waga Energy contributes to the fight against global warming and helps the energy transition.

Waga Energy is listed on Euronext Paris (FR0012532810 – EPA: WAGA). www.waga-energy.com/en

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CONTACT US

Anne-Gaëlle Fonthieure Media relations +33 611 706 974 media@waga-energy.com https://waga-energy.com/en/journalists Laurent Barbotin Investor relations +33 772 771 185 laurent.barbotin@waga-energy.com https://waga-energy.com/en/investors