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€1.5M crowdfunding already achieved for the Béthune project

23 December 2020

Forbach, France, December 23, 2020 at 6 p.m. – La Française de l’Énergie (Euronext: LFDE – ISIN: FR0013030152), leader in industrial ecology, innovates / diversifies its funding sources and launches a crowdfunding campaign on Lendosphere, the leading crowdfunding platform for energy transition projects in France. This fundraising, divided into two separate campaigns of € 2.25 million each, aims to raise a maximum of € 4.5 million for the Gazonor Béthune project. Over 760 investors participated so far for more than €1.5 million of committed capital. Entries are open until December 31 for the first campaign.

La Française de l’Énergie, through its subsidiary Gazonor Béthune, is finalizing this local, sustainable and virtuous project, with the installation of two cogeneration units that will enable abandoned mine methane to be used in the form of electricity, gas and heat. From beginning of January 2021 onwards, these two units, with a total capacity of 2.7 MW, will supply heat to the Béthune district heating network managed by Dalkia (EDF group), i.e. 3,700 housing units, a network that will be extended to nearly of 14 kilometers, providing heat to the equivalent of 6,500 homes.

Thanks to the energy of Gazonor Béthune cogenerations, more than 80% of the network’s supply will come from this locally sourced energy. The VAT applied to heat will therefore be 5% instead of 20%; a saving that will be passed on to end user invoices. Indeed, this solution will make it possible to reduce the cost of MWh from € 100 to € 65 and will thus make a lasting contribution to reducing energy poverty in this region.

Through this innovative and participatory financing approach, La Française de l’Énergie confirms its commitment to maximise its positive impact on local communities by even offering citizens the possibility of participating in the greening of French energy.

Link to the Lendosphere platform : www.lendosphere.com/bethune

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climate change.
Your local resources, will.

Climate change is an undeniable reality. We can already see its serious consequences for our planet. It is now urgent to act.

At FDE, we refuse to participate in initiatives that generate pollution beyond our borders, even if they reduce the carbon footprint of our local territories. Whether it is a question of carbon footprint or pollution, there are no limits.

It is our duty to build sustainable energy solutions that move towards global carbon neutrality. Today, the most resilient and sustainable energy solution is even more self-evident: it is imperative that energy remains local, within short supply chains, as close as possible to the needs of local communities and consumers.

Considering these, at FDE, we are taking actions and offering tailor-made, local multi-energy solutions.

By making the most of local resources, our offer enables us to provide territories with energies with a triple benefit: reduced carbon footprint, economically competitive and contributing to the socio-economic development of the area. We choose abandoned sites, make the most of the potential of local suppliers and service providers, and participate in a local center of expertise that involves universities, local authorities and associations in the local energy project.

FDE lacks neither the resources nor the know-how to deploy tailor-made energy solutions for everyone and for the planet.

Our engineers embrace the energy transition with a pragmatic view.

Recovering abandoned mine gas avoids fatal gas emissions into the atmosphere, while local coal gas reduces the need to import much more carbon-intensive gases. Abundant solar energy is both local and renewable.

To support the energy transition, at FDE, we are constantly innovating, looking for new solutions for the future, such as hydrogen, a decarbonized energy, or CO2 sequestration in coal.

In addition, all energy produced by our Group is designed to be more virtuous. All these processes therefore make FDE the only French energy producer with a negative carbon footprint.

HSE POLICY

In accordance with its values and code of ethics, and with the aim of pursuing the objective of:

  • Guarantee the integrity of our assets,
  • Ensure a safe and healthy working environment for its employees and subcontractors,
  • Guarantee the health and safety of all personnel working on and off-site,
  • Limit environmental impact.

 

FDE wishes to promote the following HSE principles:

Identify, prevent and control impacts and risks to health, safety, security and the environment,

Develop the company's activities in a sustainable and eco-responsible manner,

Improve the working environment for its employees and subcontractors.

Consequently, FDE undertakes to:

Ensure the rigorous application of regulatory procedures in force with respect to safety, health, environment and the preservation of public security,

Impose operational management with advanced criteria for environmental protection, pollution prevention and energy optimization, as part of the ecological transition,

Systematically verify compliance with HSE principles through audits and practical exercises, with the aim of continuously improving the system and its performance,

Define indices and performance indicators for monitoring HSE activities and promote benchmarking to identify areas for improvement,

Encourage employee participation and involvement in health, safety and environmental protection processes through training and creation of tools for sharing experience and knowledge.

This culture of risk prevention and control applies to all employees, partners and suppliers. It involves setting concrete objectives and deploying action plans as part of a continuous improvement process to better anticipate tomorrow's challenges. This policy is reviewed annually, as are the associated indicators and targets.

Antoine FORCINAL
Directeur Général,