Context

Waga Energy is the leading European biomethane producer from landfill gas. The Company upgrades the landfill gas through a patented proprietary technology to produce a cost-competitive and grid-compliant biomethane

Waga Energy develops standardized and modular solutions, ie WAGABOX® units, ready to be deployed on a worldwide scale (Europe, US, Australia & Latin America)

Waga Energy contributes to the fight against climate change by cutting methane emissions from landfills and substituting fossil fuels by a local and renewable energy. Founded in 2015, the Company already benefits from an outstanding track record with 10 WAGABOX® units in operation and 10 in construction. Waga Energy ambitions a massive deployment of its solution to reach 100 WAGABOX® in operation by 2026

The proceeds will be used to reinforce business development capacities to accelerate the international expansion of the Company, and to finance the equity of the SPVs that carry the WAGABOX® units

About Waga Energy

Waga Energy was founded in 2015 in Meylan, right at the centre of the Grenoble innovation ecosystem, by three engineers from the Air Liquide group. Building on 15 years of Research & Development, Waga Energy has developed a disruptive technology for the recovery of gas from waste storage sites, called WAGABOX®. WAGABOX® units are installed on storage sites and purify the biogas produced as organic matter breaks down and transform it into biomethane, a renewable substitute for fossil natural gas. This by-product from treatment of our waste is therefore transformed into clean, local and renewable energy. Biomethane can be stored and transported in existing gas infrastructures, with be used in a number of ways, including for heating, transport, industry, etc.

Waga Energy operates 10 WAGABOX® units in France, on storage sites run by industrial players and local authorities. These units, which offer a maximum installed capacity of 225 GWh/year, can power around 35,000 homes and avoid the emission of 45,000 tonnes of CO2e per year into the atmosphere (i.e. the annual emissions of around 17,000 cars). 10 new WAGABOX® units are under construction, including one in Spain and two in Canada, which will bring the maximum installed capacity to 475 GWh/year within 18 months. Waga Energy has three international subsidiaries, in the United States (Philadelphia and Pennsylvania), Canada (Shawinigan and Quebec) and Spain (Barcelona). Waga Energy considers itself to be the European leader in the production of biomethane from landfill gas.

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About Vitol

Vitol is one of the main energy and commodity trading companies worldwide. Vitol is active in different verticals including trading, terminals and infrastructures, refining, exploration and production, aviation and power with a fast-growing presence in the Renewable Gas space.

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About Viva

Viva Energy is a nationally integrated downstream energy company based in Australia producing and distributing fuels destined mostly to for the Australian market. The company also owns and operates a petroleum products refineries refinery located in Geelong, Australia. Viva Energy is publicly listed on the Australian Stock Exchange.

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About CMA GCM

CMA CGM is a world leader in container shipping with revenues of $31.5 billion in 2020. Its 542 vessels serve more than 420 ports worldwide, on five continents. In 2020, CMA CGM transported nearly 21 million TEU (twenty-foot equivalent unit) containers. With its subsidiary CEVA Logistics, a world leader in logistics services, CMA CGM handles 400,000 tonnes of air freight and 2.8 million tonnes of land freight each year.

With a presence in 160 countries through its network of more than 400 offices and 750 warehouses, the Group employs more than 110,000 people worldwide, including 2,400 in Marseille where its headquarters are located. CMA CGM's mission is to develop fairer and more balanced economic exchanges, respectful of every human being and of the planet.

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Olivier Beaudouin

Investment Banking

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Christophe Alleman

Investment Banking

Jonathan Foiret-Hurbin

Investment Banking

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Gregoire Angleys

Equity Capital Markets

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Charles Recape

Investment Banking

Théodore De Charsonville

Equity Capital Markets

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Xavier de Fontaines

Investment Banking

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Alliaume Vicarini

Investment Banking

Deal Team

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