Caisse d'Epargne Rhône-Alpes & Waga Energy

As a strategic partner in the economic development and energy transition of local players, the Caisse d'Epargne Rhône Alpes has coordinated a €100 million syndicated loan with Groupe BPCE for Waga Energy, the leading producer of renewable natural gas.

Convinced of the sustainability of WAGABOX technology, a truly disruptive innovation designed by Waga Energy to transform biogas from waste into biomethane, the Innovation Agency of Caisse d'Epargne Rhône Alpes has been involved in financing the Isère-based startup since 2015. Today, Waga Energy is listed on Euronext Paris and its technology is expanding internationally.

As part of a banking pool that also includes Natixis and Banque Populaire Auvergne Rhône Alpes, both also part of Groupe BPCE, Caisse d'Epargne Rhône Alpes is co-arranger of the deal. Collaboration between Agence Innovation and the Financial Engineering Department of Caisse d'Epargne Rhône Alpes made this syndicated green loan possible.

Thanks to a solid partner in a regional bank, Waga Energy will be able to develop its business in support of the energy transition, demonstrating the importance of fruitful collaboration between the financial sector and local businesses.