on AFYREN (EPA:ALAFY)
AFYREN Secures €7 Million Financing for Subsidiary AFYREN NEOXY
AFYREN, a company specializing in greentech solutions, has announced the acquisition of an additional €7 million in financing for its subsidiary, AFYREN NEOXY. This funding comprises a €4 million tranche under a Sustainability-linked loan and a €3 million tranche via the "Prêt Nouvelle Industrie" loan from Bpifrance. The financing supports AFYREN NEOXY's ramp-up phase, facilitating the industrialization of innovative technology.
AFYREN's cash position was €35 million as of December 31, 2025. CEO Nicolas Sordet emphasizes the importance of securing financing for the company's growth. Support from banking partners like BNP Paribas, Banque Populaire, and Société Générale underlines confidence in AFYREN's sustainable development efforts and financial health.
R. E.
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