As part of this project, Waga Energy will finance, build, and operate a landfill gas recovery unit based on its patented WAGABOX® technology. The facility will convert biogas captured at the landfill into RNG, a renewable natural gas that will be injected directly into the local gas grid.

The plant will be capable of processing up to 2,400 m³/h of biogas and producing 80 GWh of RNG annually, equivalent to the annual energy consumption of approximately 16,000 Spanish households.

This project is part of the Diputación de Granada's strategy to promote more sustainable waste management practices and accelerate the transition to a circular economy.

In H1 2026, Group capex reached € 57m, free cashflow after interest -€ 67m, and net result -€ 12.4m,
due to the Wagabox® portfolio expansion. Waga Energy has maintained a high-performance level in H1 2026, achieving an average availability of 94% for units that have been in operation for more than 12 months.

To date, Waga Energy operates 38 RNG production units in France, Spain, Canada and the United States, offering an installed capacity of 2.1 TWh (7.1 million MMBtu) p.a., and 21 units are under construction in the United States, Spain, Italy, France, Canada and Brazil (with a 1st project for a 3,000 scfm Wagabox® recently signed), representing an additional installed capacity of 2.3 TWh (7.8 million MMBtu) p.a.

This project will transform landfill gas into a renewable, local energy source that can be directly injected into the gas grid.

Under a long-term agreement, Waga Energy will finance, build, own, and operate an RNG production unit with an initial processing capacity of 3,000 SCFM.

The WAGABOX® unit will produce approximately 644,000 GJ/year of RNG per year and avoid the emission of around 47,500 tons of CO₂ equivalent per year by replacing fossil natural gas — the equivalent of CO₂ emissions from consuming approximately 4.2 million gallons of diesel.

The Eco-Hill Landfill, owned and operated by one of LRS’s affiliated companies, currently accepts more than 1 million metric tons of municipal solid waste per year, most of it collected in the greater Chicago area.

With this new project, Waga Energy continues its expansion in the United States and reaffirms its commitment to supporting local communities by transforming landfill gas into a valuable energy resource that benefits both territories and the climate.

“Randolph County is pleased to partner with Waga Energy to produce RNG at the Great Oak Landfill. As part of our long‑term partnership with Waste Management, this agreement ensures that Randolph County will make the most of the site for decades to come.”  

Darrell Frye, Chairman of the Randolph County Board of Commissioners 

“We thank Randolph County for its trust and commitment. By producing RNG from landfill gas, we will create long‑lasting environmental value while providing the region with a local, reliable, and renewable energy source. This long‑term partnership illustrates the scale and potential of the Great Oak site and will contribute to the development of renewable energy in North Carolina.”  

Guénaël Prince, CEO of Waga Energy Inc. 

“In 2025, Waga Energy combined measurable environmental impact with strong financial discipline, reaching fullyear EBITDA breakeven ahead of plan. By producing 674 GWh of Renewable Natural Gas and avoiding more than 300,000 tons of CO₂-equivalent emissions, we are also demonstrating in a softer market the scalability and the robustness of our longterm contracted revenues model based on sovereign local sources of energy. As we continue to expand our portfolio, especially in the United States and Europe, our ambition remains clear: fight against climate change, while building financial value creation.”

Mathieu Lefebvre, Chief Executive Officer of Waga Energy

Designed to process up to 1,000 scfm of landfill gas, the facility is designed to produce approximately 205,000 MMBtu of RNG annually. The project will avoid up to 15,800 metric tons of CO₂ equivalent emissions per year – comparable to eliminating the emissions from around 1.5 million gallons of diesel consumption.

The CMCMUA Secure Sanitary Landfill serves all sixteen municipalities within Cape May County. While the year-round population of the County is approximately 98,000 residents, the popularity of the County as a vacation destination draws additional crowds over the summer months and increases population to over 750,000. The CMCMUA Secure Sanitary Landfill accepts roughly 180,000 tons of waste annually. The landfill gas is currently utilized for power generation through a CHP engine. The RNG production will maximize the beneficial use of landfill gas generated from the degradation of waste in the landfill, while supplying renewable energy to support the decarbonization of transport.

“We are proud to partner with the Cape May County Municipal Utilities Authority on our first WAGABOX® project in New Jersey, an initiative leading the way in renewable energy production for the state. This project will reduce local emissions, improve air quality, and support the circular economy. We look forward to partnering with the CMCMUA to bring this project to life.”

Guénaël Prince, Co-Founder and CEO of Waga Energy US

“The CMCMUA is advancing its commitment to the beneficial use of landfill gas by partnering with Waga Energy, Inc. and integrating their WAGABOX® technology. This collaboration is a perfect fit for the CMCMUA’s Vision of actively pursuing and implementing innovative and environmentally sustainable solid waste systems.”

Joseph V. Rizzuto, Executive Director of the Cape May County Municipal Utilities Authority

“In 2025, Waga Energy delivered strong momentum, with RNG revenues up +23% avoiding 167,000 tons of CO₂ emissions. Our industrial model is demonstrating year after year its positive impact for the planet. Even in a softer market, we remain on track for profitable growth and EBITDA breakeven in the course of 2025. The financial capabilities and know-how brought by our new strategic shareholder EQT will help us reaching our full potential for the planet.”

Mathieu Lefebvre, Chief Executive Officer, Waga Energy

This funding represents a key milestone in the implementation of the project, which was signed in November 2024 and is now entering the construction phase. The funding is provided through the Electrification and Climate Change Fund and forms part of the 2025–2030 Implementation Plan of the 2030 Green Economy Plan, which aims to integrate 10% RNG into Quebec’s gas network by 2030.

Using WAGABOX® technology, the facility will produce up to 200,000 GJ per year (approximately 55 GWh), equivalent to the annual energy consumption of 2,900 Quebec households, and will help avoid 9,400 metric tons of CO₂e per year.

Operated by the RMR, the Hébertville-Station landfill site serves 50 municipalities and receives 203,500 metric tons of waste per year. The biogas is currently flared. With the WAGABOX® unit, it will now be purified and upgraded into RNG, then injected into Énergir’s gas network—representing a major circular economy project supporting the energy transition in the Saguenay–Lac-Saint-Jean region.

This is Waga Energy’s fourth RNG project in Québec. Three WAGABOX® units are already in operation in Saint-Étienne-des-Grès, Cowansville, and Chicoutimi. A fifth unit is operating in British Columbia, on Vancouver Island.

“I would like to thank Minister Éric Girard for awarding this grant to the project we are carrying out with Waste Management Authority of Lac-Saint-Jean. This renewed confidence from the government proves once again that the innovative technology of WAGABOX® units is attractive and that our commitment to energy transition remains as strong as ever. ”

Julie Flynn, President and CEO of Waga Energy Canada

“We are excited to begin a new chapter in our decades-long partnership with Emerald People’s Utility District, working together with Waga Energy will allow us to reduce emissions from the landfill and turn those emissions into renewable fuel. It’s a win for our community and a great example of how public agencies can work together with private companies to create innovative and beneficial solutions.”

David Loveall, Lane County Commissioner 

 “EPUD is pleased to support this next chapter at the Short Mountain landfill. While we’re proud of the contributions we’ve made over the past three decades to generate low-cost electricity and reduce local emissions, we know that Waga Energy can take these efforts to a new level. At the same time, this transaction will protect our customers from future rate increases and allow us to focus on our core mission of providing safe, reliable, low-cost power.” 

Curt Offenbacher, Emerald People’s Utility District (EPUD) Board of Directors President

“We are honored to partner with Lane County and EPUD on this project, which reflects a shared commitment to environmental stewardship and innovative energy solutions, by transforming landfill gas into high‑quality renewable natural gas, we’re not only reducing local greenhouse gas emissions but also providing the community with a reliable, locally produced source of energy. This collaboration demonstrates what’s possible for a local community when a public partner and a technology leader work together to advance a more sustainable future.”

Guénaël Prince, CoFounder and CEO of Waga Energy Inc.

“We are proud to be partnering with Hillsborough County on this major project, and deploying our first WAGABOX® unit in Florida near our U.S. commercial headquarters. Together, we are turning landfill gas into RNG, a clean, local, renewable energy, and taking concrete action towards energy resilience and the decarbonization of the gas infrastructure for Florida’s communities.”

Guénaël Prince, co-founder and CEO of Waga Energy Inc.