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Eqtec Secures New Funding to Advance Methanation Project in France

MT Newswires·12/03/2025 06:35:17
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06:35 AM EST, 12/03/2025 (MT Newswires) -- Eqtec (EQT.L) secured 50,000 euros in private funding from French utility Engie (EQT.ST) unit GRDF to advance methanation projects in France. The bioscience energy company said Wednesday that the funding is in addition to earlier payments totaling 177,000 euros that GRDF provided as part of a wider consortium funding for pre-FEED engineering work. Separately, an Eqtec-led consortium secured 400,000 euros in private funding from GRDF for a research and development tender to deploy an integrated methanation system at the University of Lorraine demo site in France.