RE: RNS27 Mar 2023 08:04
David Le Saint, EQTEC Market Lead for France, commented:
"The Project represents a major win for EQTEC and the first formal collaboration with a significant partner in Idex. The RNG market in France has substantial growth potential as the country moves to set its first RNG feed-in tariff later this year, further supported by the anticipated announcement from European Sovereign funds to accelerate project financing. EQTEC is already pursuing several RNG opportunities in addition to the Project and will make the most of the momentum toward RNG.
In addition to positioning itself as an innovative, decarbonising energy company, Idex has been a constructive and valuable partner to the Company and represents a strong, future route to market for EQTEC technology as well as a collaborator in deploying our Utility solutions and a well-known name with the capability to develop, own and operate a portfolio of plants with EQTEC technology."
Stéphane Guillet, Idex New Energy Vectors Director, commented:
"Idex has a strong record deploying innovative technologies, which is closely aligned with EQTEC's leading expertise and clean syngas technology. Idex has committed itself to evolving its own business model to bring on new technologies that decarbonise France's energy footprint and deliver sustainable infrastructure to support baseload requirements. We look forward to continued collaboration with EQTEC and to making the Limoges project a success together."