on FRANCAISE ENERGIE (EPA:FDE)
FDE Secures New Gas Sites, Boosts Growth Plans
La Française de l'Énergie (FDE), a low-carbon energy producer, has signed an agreement with the French government for access to 18 additional mine gas sites in Hauts-de-France. This is a significant step toward achieving its 2030 targets.
The agreement allows FDE, via its subsidiary GAZONOR, to increase production capacity by unlocking previously inaccessible methane reserves. This advancement is expected to accelerate the company’s revenue growth as it converts methane into electricity for local use.
Already operational, the first two 1.5 MW cogeneration units in Angres are ready for commissioning. Two more units in Rouvignies will follow. The power purchase agreements with EDF ensure stable revenues.
This progress enhances FDE’s growth outlook through 2030, backed by milestone achievements in its 2026/27 fiscal year forecast.
R. P.
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