on AFYREN (EPA:ALAFY)
AFYREN Secures Additional €7 Million Financing for Subsidiary
AFYREN has confirmed the release of €7 million in financing for its subsidiary, AFYREN NEOXY. This includes a €4 million tranche from a Sustainability-linked loan and €3 million from a "Prêt Nouvelle Industrie" loan. The financing secures the industrialization process at NEOXY, a plant using AFYREN's bio-based technology. AFYREN's cash position reached approximately €35 million at the end of 2025.
CEO Nicolas Sordet emphasized the importance of securing financing for asset ramp-up periods. The loans were part of broader financial strategies, combining grants, debt, and equity to maintain a robust financial structure. The Sustainability-linked loan ties to AFYREN's ESG performance, integrating environmental, social, and governance metrics into loan conditions.
The loans reflect continued support from banking partners, including new members of the syndicate. AFYREN's position remains strong with ongoing contributions from partners like Bpifrance and newly raised equity.
R. H.
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