W&nergy Launches €2 Million Crowdfunding Campaign

W&nergy, a subsidiary of Charwood Energy, has initiated a €2 million crowdfunding effort on Enerfip. This campaign aims to finalize the funding for its first proprietary pyro-gasification project. The financing seeks to expand W&nergy's business model among French industrial companies.

The project, based at Verallia France's Cognac site, will generate around 30,000 MWh of renewable syngas annually. This gas will reduce reliance on natural gas, addressing the industry's carbon challenges. The initiative promises to meet nearly 20% of the furnace's energy requirements and cut CO₂ emissions significantly.

Pyro-gasification uses solid biomass to produce syngas, proving essential for industries with high-temperature needs. The first production facility is set in Cognac, benefiting from agreements with regional support and a structured financial plan.

The subscription window is set from July 10 to August 10, 2026, with terms offering a 9% annual interest rate. A detailed webinar will occur on July 8, intending to engage potential investors.