Adrien HALLER

CHAIRMAN’S MESSAGE

Founded in 2006, Charwood Energy is an integrated and independent renewable energy player. We design, build, install and operate biomass power plants both for third-party customers (industrial groups, local authorities and farms) through our subsidiary Energy&+, and independently through our dedicated subsidiary W&nergy.

Following a successful initial public offering on Euronext Growth, we raised €12.4 million thanks to the support of many institutional and individual investors. This has given us the new financial resources we need to accelerate our growth strategy. Driven by ambitious objectives and particularly favourable market conditions, we have set our sights on a target of €100 million in revenue by 2027.

A. Haller

The Group

Group overview

Firmly convinced that biomass is one of the keys to meeting the challenges of the energy transition, Charwood Energy has been growing with a clear mission since it was created in 2012: providing turnkey plants to produce renewable energy from biomass.

Green gases

Electricity

Heat

Biochar

Technical expertise developed to span all biomass recovery technologies

BIOMASS HEATING PLANT AND HEATING NETWORKS

METHANISATION

PYRO-GASIFICATION

By the end of 2021, Charwood Energy had already completed more than a hundred projects for third parties, representing a cumulative installed capacity of more than 54 MW and over 26 km of heating networks for several prestigious industrial companies like Engie, Paprec and Séché Environnement.

At the crossroads of biomass and green gases, Charwood Energy is ideally positioned to take advantage of a particularly buoyant French market, spurred by a highly favourable regulatory and economic context.

Charwood Energy has developed a dual model

Design, construction, installation and maintenance of turnkey biomass power plants for industrial groups, farms and local authorities through its subsidiary Energy&+.

W&NERGY

Own-account production and sale of renewable energy through its dedicated subsidiary W&nergy, co-owned with France’s leading source of funding for renewable gas: the Eiffel Gaz Vert fund.

Charwood Energy: key figures

GROWTH AND PROFITABILITY

  • €4.6m
    revenue in 2021
  • €1m
    EBITDA in 2021
  • 23%
    EBITDA margin

PERFORMANCE

  • 100 projects
    completed
  • 54 MW
    of cumulative installed power
  • 250 GW/year(1)
    produced
  • 26 Km
    of heating networks

MARKET

  • Natural gas substitution
    a multi-billion-euro addressable market in France

PERFORMANCE

  • €4.3m(2)
    in the order book
  • €86m
    in the commercial pipeline
  • 5 plants
    in development3)

(1) Equal to the heating needs of about 25,000 homes

(2) Cumulative backlog of signed projects deducted from revenue already recorded as work progresses

(3) Projects signed, subject to an LOI or in advanced negotiations, representing annual recurring income of around €7.7 million

Governance

Board of directors

Adrien HALLER

Adrien Haller
39 ans

  • Areas of expertise : Entrepreneurship, technical biomass recovery skills

Adrien Haller

Chairman & CEO, Charwood Energy

Julie BOUVIER

Julie Bouvier
38 ans

  • Areas of expertise : Administrative management
  • Involvement : Audit Committee, CSR Committee

Julie Bouvier

Company Secretary, Charwood Energy

Fabienne BOISNEAU

Fabienne Boisneau
47 ans

  • Experience : DHL International, Altern’Action
  • Areas of expertise : Sales management and governance consulting
  • Involvement : Chair of the Compensation & Appointments Committee, CSR Committee

Fabienne Boisneau

Independent director

Anne-Sophie Bastard

Anne-Sophie Bastard de Crisnay
58 ans

  • Experience : Arthur Young, Caisse des Dépôts, Detroyat Associés, Vernes Artésia, RSA Corporate Finance
  • Areas of expertise : Auditing, financial management, M&A
  • Involvement : Chair of the Audit Committee, Compensation & Appointments Committee

Anne-Sophie Bastard de Crisnay

Independent director

Frank MAINARD

Frank Mainard
60 ans

  • Experience : Véolia, Dalkia, Pôle Excellence Bois IDF, Inoe
  • Areas of expertise : Forest management, environment, renewable energy
  • Involvement : Compensation & Appointments Committee

Frank Mainard

Independent director

Luc MILBERGUE

Luc Milbergue
58 ans

  • Experience : Stratégir, Base Innovation, Energies & Castors
  • Areas of expertise : Marketing, entrepreneurship, renewable energy
  • Involvement : Chair of the CSR Committee

Luc Milbergue

Independent director
(Representative of 1M86)

JF VAURY

Jean-François Vaury
72 ans

  • Experience : Schlumberger, BCG, IDI, Ciclad
  • Areas of expertise : Consulting, HR, engineering, investing in renewable energy projects

Jean-François Vaury

Director
(Representative of Johes SAS)

MANAGEMENT TEAM

Adrien HALLER

HALLER Adrien

Chairman, CEO and Founder

Nicolas RIDENT

RIDENT Nicolas

Deputy Chief Executive Officer

Julie BOUVIER

BOUVIER Julie

Company Secretary

Alexis AUPIED

AUPIED Alexis

Chief Technical Officer

Pierre DOREAU

DOREAU Pierre

Head of Business Development

Pierre-Yves LEFEBVRE

LEFEBVRE Pierre-Yves

Chief Financial Officer

Shareholder base

pie chart investisseurs

CSR commitment

Naturally committed since the very beginning, Charwood Energy plays a direct role through its activities in achieving solid sustainable development goals, including :

  • Environmental awareness
  • Decarbonisation of the economy
  • Growing use of renewable energy
  • Better management of territorial natural resources
  • Development of a local, circular economy
  • Energy independence

Below are the non-financial rating reports for the Charwood Energy Group :

  • docESG maturity report EthiFinance 2021 (in French only)

Stock

Informations

Name: Charwood Energy

Ticker: ALCWE

ISIN : FR001400AJ60

ICB : 60102020 Renewable Energy Equipment

LEI : 969500SXZ02H39IRH345

Listing market: Euronext Growth® Paris

The Charwood Energy share is eligible for inclusion in French PEA and PEA-PME equity savings plans. Charwood Energy has also been named an “Innovative Company” by bpifrance.

Share price

You can find the Charwood Energy S.A. share price on Euronext Live

Financial calendar

  • *28/09/2022 : Half-year revenue 2022
  • *26/10/2022 : Half-year results 2022

Analyst coverage

Research analysts covering the Charwood Energy stock :

Stifel Logo

Martin Tessier

Contacts

HEAD OFFICE

 

CHARWOOD ENERGY

P.A. de Kerboulard 1, rue Benjamin Franklin

56250 Saint-Nolff

Tel.: +33 (0)2 97 26 46 30

INVESTORS & ANALYSTS

Simon DERBANNE

E-mail : investisseur@charwood.energy

PRESS

 

Mathias JORDAN

E-mail : mjordan@actifin.fr