Enogia

Signing of a first order for economy-of-use ORC modules with an agricultural grouping in Normandy - Seite 2

In an environment characterised by volatile and sustainably high energy prices, ENOGIA’s Green Shield Power Solution offer provides industrial companies with a means to secure their local energy supply, at prices below market prices. The energy produced from their own waste heat can be used to supply neighbouring buildings through a heating network or to intensify projects geared towards converting their activities to “zero emissions”.

A first significant success in an environment abounding with opportunities

On the strength of this first success for the Green Shield offer and the marked interest it has sparked among the Company’s prospects, ENOGIA expects the new model to ramp up in the current year, and to generate recurring revenues and greater value creation over the medium term. This growth will be facilitated by the heightened skills of the sales teams recruited since the IPO.

ENOGIA remains extremely confident in its ability to significantly accelerate its commercial rollout and its growth trajectory. The Company confirms that it is targeting an increase of more than 50% in revenue in 2023, combined with positive EBITDA. Growth is also expected to average more than 50% per year in both 2024 and 2025.

 

 

Next release:

Half-year revenue on 27 July 2023 after trading

About ENOGIA ENOGIA responds to the major challenges of the ecological and energy transition with its unique and patented technology of compact, light and durable micro-turbomachinery. As the French leader in heat-to-electricity conversion with its wide range of ORC modules, ENOGIA enables its customers to produce decarbonised electricity and to recover waste or renewable heat. Since 2020, ENOGIA has also been marketing air compressors for Hydrogen Fuel Cells, thereby contributing to the development of hydrogen mobility, a booming market. With sales in more than 25 countries, ENOGIA continues to prospect for new customers in France and internationally. Founded in 2009 and based in Marseille, ENOGIA has some 60 employees involved in the design, production and marketing of environmentally friendly technological solutions. ENOGIA’s CSR commitment represents an “Advanced” level of performance according to EthiFinance.