📈 Solid financial performance in H1 2025
- +39% YoY increase in RNG production revenue, with total revenue of € 27.4m (+7% YoY due to expected lower EPC revenues).
- H1 EBITDA of – € 0.2m (+ € 2.3m YoY), confirming the EBITDA breakeven target in the course of 2025.
- € 59m Capex, more than doubling from € 25m in H1 2024
- Focus being put on converting the strong commercial pipeline of 16.7 TWh / 57.1 million MMBTu p.a. installed capacity into projects signings.
- 326 GWh (1.1 mm MMBTu) of RNG injected (+28% YoY)1, avoiding 80,500 tons of CO2-equivalent emissions
- Steady 95% uptime across the entire portfolio in operation.
“We are pleased to report a solid financial and operational performance in H1 2025, highlighted by new projects in the USA and Italy, the commissioning of a large-capacity unit in Canada, and an EBITDA approaching breakeven…”
Mathieu Lefebvre, Chairman and Chief Executive Officer of Waga Energy