This evening, Charwood Energy presents an update on its business activity and projects under development.

The company says it is experiencing delays in the implementation of certain biomass power plant projects for third parties at the end of 2022, but remains "confident" in its ability to deploy these projects in 2023.

As a result, the company now anticipates sales of around 5 million euros in 2022, compared with the 7 million euros initially expected.

In addition, the company's own-account business is proceeding according to plan, with 5 plants under development to date, in line with the target announced at the time of the IPO.

Despite these delays in third-party projects, the Group's medium-term ambitions remain unchanged, with sales expected to reach €100 million by 2027, and 50 proprietary power plants in operation or under construction.

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