Charwood Energy Unit to Offer EUR2 Million Bonds on Enerfip
Charwood Energy (ALCWE.PA) said July 3 its energy production subsidiary W&nergy plans to offer up to 2 million euros of standard bonds on the crowdfunding platform Enerfip. The subscription period for the offering of 9% bonds with an investment term of three years will formally open on Friday, with closing scheduled for Aug. 10. The biomass-based energy solutions company said proceeds from the fundraise will be used for the final construction stages of a pilot pyro-gasification project in France. The project has a potential annual renewable syngas capacity of 30,000 megawatt-hours and a 21-year offtake deal with French glass packaging producer Verallia (VRLA.PA).
Charwood Energy (ALCWE.PA) said July 3 its energy production subsidiary W&nergy plans to offer up to 2 million euros of standard bonds on the crowdfunding platform Enerfip.
The subscription period for the offering of 9% bonds with an investment term of three years will formally open on Friday, with closing scheduled for Aug.
10.
The biomass-based energy solutions company said proceeds from the fundraise will be used for the final construction stages of a pilot pyro-gasification project in France.
The project has a potential annual renewable syngas capacity of 30,000 megawatt-hours and a 21-year offtake deal with French glass packaging producer Verallia (VRLA.PA).