Waga Energy / FR0012532810
14.05.2024 - 21:34:47Rockingham County selects Waga Energy to produce RNG at the Rockingham County Landfill
| Waga Energy 14-May-2024 / 21:34 CET/CEST Dissemination of a French Regulatory News, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. Rockingham County has selected Waga Energy (EPA: WAGA), a global expert in the production of Renewable Natural Gas (RNG) from landfills, to produce RNG at the Rockingham County Landfill, located in Madison, NC. Following an award to Waga Energy as part of a public request for proposal (RFP), Waga Energy entered into a 20-year agreement with the county to install an RNG production facility at the Rockingham County Landfill using its patented WAGABOX® technology. Waga Energy will finance, build, own and operate the unit and share with Rockingham County the revenue generated from the sale of the RNG produced. The WAGABOX® unit is expected to be commissioned in 2026 and will produce approximately 207,000 MMBtu per year of RNG, which will be injected directly into the local natural gas pipeline. A key pillar of the energy transition, RNG is a local, renewable energy source that substitutes fossil natural gas. The project will avoid 13,500 tons of CO2eq. per year based on the United States Environmental Protection Agency (EPA) calculation methodology. Rockingham County Landfill provides services to over 92,000 residents and receives an average of 100,000 tons of municipal waste annually. A result of 15 years of development, the WAGABOX® patented technology revolutionizes landfill gas upgrading by coupling membrane filtration with cryogenic distillation. It maximizes the renewable energy production of landfills by ensuring the production of pipeline-quality RNG, regardless of the landfill gas variations in flow rate and composition. Waga Energy operates 23 WAGABOX® units worldwide, including 3 units in North America. 13 more are under construction including 6 in the US. Lance Metzler, Rockingham County Manager, said: “In late 2022, Rockingham County released a public RFP for the beneficial use of our landfill gas. We received multiple responses and through a committee began the process of vetting each proposer, ultimately selecting Waga Energy. From this evaluation we selected the best partner to support Rockingham County in monetizing our landfill gas, Waga Energy has the experience, passion, and technology to maximize the value of this waste resource. Through our partnership with Waga Energy, Rockingham County is proud to be utilizing our landfill gas to provide sustainable energy to our community. By upgrading our landfill gas into renewable natural gas, this project supports Rockingham County in reducing our landfill’s environmental impact, while generating new revenues for the county.” Guénaël Prince, CEO of Waga Energy Inc. (USA), said: "We are proud to have been selected by Rockingham County as their partner to maximize the benefits of the landfill gas at the Rockingham County Landfill. Our WAGABOX® RNG facility will convert the landfill gas into a source of energy, fueling the local community and supporting the circular economy. This will be the first WAGABOX® unit in North Carolina and we are excited for the opportunity to contribute to RNG production in the state.” About Rockingham County Nestled in the picturesque landscape of the Piedmont Triad region, Rockingham County, North Carolina embodies the charm of small-town living, just a few hours away from Raleigh, Charlotte, Asheville, and even Washington, DC. Rockingham County is home to a vibrant community of over 92,000 residents. It is bordered by the majestic Blue Ridge Mountains, offering an array of outdoor recreation opportunities. With four major rivers crisscrossing its terrain, adventurers can enjoy over 88 miles of thrilling water escapades or explore 4,500 acres of serene lakeside settings. The county also boasts numerous scenic trails that wind through the foothills of the Blue Ridge Mountains, perfect for nature enthusiasts and hikers alike. About Waga Energy Waga Energy (EPA: WAGA) produces competitively priced Renewable Natural Gas – RNG – (also known as “biomethane”) by upgrading landfill gas using a patented purification technology called WAGABOX®. The RNG produced is injected directly into the gas distribution networks that supply individuals and businesses, providing a substitute for fossil natural gas. Waga Energy finances, builds and operates its WAGABOX® units under long-term contracts with landfill operators for the supply of raw gas, and generates income by selling the RNG it produces or by offering a purification service. Waga Energy operates 24 units (owned or sold) in France, Spain, Canada and the US, representing an installed capacity of 940 GWh per year (3,207,400 MMBtu). Each project initiated by Waga Energy contributes to the fight against global warming and helps the energy transition. Waga Energy is listed on Euronext Paris. Press contacts:
Regulatory filing PDF file File: Download the press release |
| Language: | English |
| Company: | Waga Energy |
| 5 Rue Raymond Chanas | |
| 38320 Eybens | |
| France | |
| Phone: | (33) 772 771 185 |
| E-mail: | laurent.barbotin@waga-energy.com |
| Internet: | www.waga-energy.com |
| ISIN: | FR0012532810 |
| Euronext Ticker: | WAGA |
| AMF Category: | Inside information / Other releases |
| EQS News ID: | 1903201 |
| End of Announcement | EQS News Service |
1903201 14-May-2024 CET/CEST
