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La Française de l'Energie to Buy Waste Treatment, Gas Production Plant in Norway

La Française de l'Energie (FDE.PA) said Friday it agreed to acquire household waste treatment and renewable natural gas production facility Romerike Biogassanlegg for 4.5 million euros.The plant, which has a capacity of 50,000 metric tons of feedstock, is located near the Oslo-Gardermoen Airport in Norway. The low-carbon energy production company will immediately launch measures to improve the plant's operational performance ahead of a planned production ramp-up by 2027.La Française de l'Energie said it expects the transaction to result in gradual value creation with a positive impact as early as fiscal 2027.

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La Française de l'Energie Discovers Hydrogen in France's Lorraine Region

La Française de l'Energie (FDE.PA) said Tuesday that the results of the first in-situ drilling at its PTH-2 well in the Lorraine region of France showed high concentrations of hydrogen.The energy production company plans to commence its first independent resource certification process in 2027, with production expected to start by late 2028 or early 2029.

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La Française de l'Énergie Begins Generation at Two Green Power Units in France

La Française de l'Energie (FDE.PA) on Monday commissioned two green power generation engines at its Angres site in Pas-de-Calais, France.The Angres site is among the 18 covered by the abandoned mine methane agreement between the energy production company and the French government, according to a Tuesday release. The site has a 15-year feed-in tariff contract with energy company EDF at 80 euros per megawatt-hour, indexed to inflation.The electricity production will also start shortly at the Rouvignies site, which is another site covered by the deal with the government and has a long-term contract with EDF.

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