News

Framework agreement signed with 2G Energietechnik GmbH to speed up the installation of green electricity production units

5 August 2020

Forbach, France, August 4th, 2020 – La Française de l’Énergie (Euronext: LFDE – ISIN: FR0013030152) leader in industrial ecology, is delighted to announce the signature of a 3-year framework agreement with the German company 2G Energietechnik GmbH for the supply of cogeneration units dedicated to the production of green electricity from mine gas in France and Belgium.

Thanks to this partnership with 2G, a leading manufacturer of decentralized energy production systems in Europe, La Française de l’Énergie benefits from competitive commercial conditions with  a guaranteed fixed price for the duration of the contract and major logistic related advantages such as free storage of engines for several months and dedicated production lines for major orders. These improved terms and conditions will allow the Group to reinforce its capacity of development and improve the profitability of its future production sites.

A framework agreement covering 25 new cogeneration units

Covering the full scope of the Group’s needs (engine, cogeneration kits and soundproofed containers), this agreement also secures the supply of cogeneration units for the deployment of new sites, of which 37.5 MW are scheduled in Hauts-de-France and Wallonia.

To this end, the delivery schedule of 7 cogeneration units (10.5 MW) has been confirmed at the agreed terms and conditions, for an installation planned over the next 12 months in Béthune, Avion and Anderlues. The 18 additional cogeneration units (27 MW) will be installed on the new sites in Hauts-de-France as soon as the approvals from the administration will be delivered.

Benefiting from an enhanced execution capacity and a secure development plan, La Française de l’Énergie confirms its ambition to actively participate in Europe’s ecological and energy transition through the launch of new production sites of green energy.

Next announcement:
FY 2019/2020 Full-year results, October 14th, 2020

Documents

Press release