Waga Energy Overview
Pro stress-test →Waga Energy is a European specialist in biomethane production from landfill gas, founded in 2015 in Meylan (Isère), and has established itself as a major player through its unique WAGABOX® technology. The company's innovative technology combines membrane filtration and cryogenic distillation to recover methane from landfills and transform it into clean, renewable energy that can be injected into gas networks.
Strategic Profile
Pro stress-test →Waga Energy is an independent biomethane producer specialized in landfill gas upgrading, equipped with proprietary technology that it develops, finances, builds, and operates. In May 2025, Swedish private equity firm EQT acquired a 54.1% stake in Waga Energy, valuing the company at approximately €534 million.
Competitive Landscape
Pro stress-test →Waga Energy operates as an independent biomethane producer in the renewable natural gas space. The company's proprietary WAGABOX® technology provides differentiation through its unique combination of membrane filtration and cryogenic distillation. Competitors in the biomethane/RNG sector include larger utilities and specialized biogas upgrading companies, though Waga's landfill-gas specialization and technology IP create a defensible market position.
Industry Context
Waga Energy operates in Renewable Energy / Biomethane / Renewable Natural Gas (RNG).
Key facts
Founded: 2015 · Headquarters: Meylan, France · Employees: 268 · Revenue: €56M · Market cap: €600M