La Française de l'Énergie Secures Access to 18 Additional Mining Sites
La Française de l'Énergie has announced the signing of an agreement with the French government granting access to 18 additional mining sites in Hauts-de-France. According to the company, this agreement removes a major obstacle to its mine gas development plan and enhances visibility on achieving its 2030 goals.
Expansion of Operational Capacity
The signed agreement grants FDE, through its subsidiary Gazonor, access to 18 additional sites under exclusive concessions, the statement indicates. This expansion lays the groundwork for a substantial increase in the group's production capacity by 2030 and the associated revenues. The group will now be able to exploit methane reserves from previously inaccessible abandoned mines and convert them into electricity for local consumers. According to the company, the business model relies on predictable long-term revenues from regulated electricity purchase contracts, a significant impact on reducing CO2 emissions in the affected regions, and a local economic effect through short-circuit energy production in a post-industrial area.
Ongoing Deployment
Deployment is already underway, the statement specifies. The first two 1.5 MW units located in Angres, Pas-de-Calais, have been installed, connected to the network via Enedis, and are ready for final commissioning. Two additional units in Rouvignies, Nord, will follow with commercial service expected to begin in early 2026. Electricity purchase contracts with EDF, under a 10-year obligation to purchase at 80 euros per MWh, are already in place for these sites, according to the group. This rapid deployment schedule ensures, according to the company, a significant contribution to revenues and results starting from the 2026-2027 fiscal year, validating the group's expanded short-term growth trajectory.
Critical Step in Risk Reduction
According to the statement, the signing of this agreement represents a critical step in risk reduction for FDE's development plan regarding the group's mine gas reserves and, consequently, for its medium-term growth. With secured access to the sites and the first units entering commercial operation, the group has enhanced visibility on sustained revenue and result growth during the 2026-2027 and 2027-2028 fiscal years. The company confirms its 2030 targets: 175 million euros in revenue, 85 million euros in EBITDA, and 20 million tonnes of CO2 avoided. The group's next financial publication will concern the revenue for the first half of 2026, expected on January 21, 2026, after market close.
