La Française de l’Energie: 1st Production of Green Power in Northern France

FORBACH, France–(BUSINESS WIRE)–Regulatory News:

La Française de l’Energie (Paris:LFDE) (Euronext : LFDE – ISIN:
FR0013030152), , is pleased to announce the first production, in
Northern France, of green power generated with gas captured in the
former mining galleries before its release to the air.

Ahead of schedule, La Française de l’Energie (LFDE) has started
generating green power with an installed capacity of 1.5MW in Lourches.
The gas captured in the former coal mining galleries is converted into
green power sold to EDF OA.

This gas to green power generation is sold under a 15-year guaranteed
Feed-in Tarif providing stable annual revenues of over 650k€.

3 additional sites in Northern France have been installed and will start
generating green power over the next few days. The installed capacity of
its gas to green power activity will reach 9MW by 30^th of
June 2017 matching the electricity needs of a city of 40 000 people.

The rapid progress of its gas to green power activity confirms the
innovative approach of La Française de l’Energie that focuses on
providing an environmentally and economically competitive energy while
saving hundred thousand of greenhouse gas emissions per annum.

With over 100 000 km of former mining galleries connected to coal
seams releasing gas in Northern France, La Française de l’Energie enjoys
a significant growth potential to capture a large volume of additional
gas before its release to the atmosphere.

Please watch a recent France 3 TV report on the company dated 24^th
of may 2017
(from 6 min 40 s onwards) :
http://france3-regions.francetvinfo.fr/hauts-de-france/emissions/jt-1920-nord-pas-de-calais

Reuters code: LFDE.PA
Bloomberg code: LFDE.FP

About La Française de l’Energie
La Française de
l’Energie is a SME headquartered in Lorraine, leader in industrial
ecology, specialised in gas recovery in the former coal mining basins of
North and Eastern France. La Francaise de l’Energie provides gas, green
electricity and heat to regional consumers, replacing imported energy
with a cleaner local alternative. La Française de l’Energie benefits
from a strong growth potential and aims to become a major energy player
in Europe. The company has also been awarded the innovative enterprise
label from Bpifrance.

More information on: www.francaisedelenergie.fr

Contacts

La Française de l’Energie
Contact Presse
Solène
Kennis, + 33 3 87 04 34 51
[email protected]
or
Relations
Investisseurs
Solène Kennis, +33 1 75 77 54 65
[email protected]