DJ Charwood Energy: Charwood Energy announces the initiation of coverage of its shares by EuroLand Corporate
Charwood Energy
Charwood Energy: Charwood Energy announces the initiation of coverage of its shares by EuroLand Corporate
21-Nov-2023 / 17:45 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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Press release
Saint-Nolff, November 21, 2023
Charwood Energy announces the initiation of coverage of its shares by EuroLand Corporate
Charwood Energy (ISIN: FR001400AJ60, Ticker: ALCWE), a French company specializing in custom solutions for recovering
energy from biomass, today announces that EuroLand Corporate has initiated coverage of its shares.
EuroLand Corporate initiated coverage of Charwood Energy through its report entitled "Another asset for the ecological
transition" published on Novembre 21, 2023. In its report, EuroLand Corporate issued a "buy" rating with a target price
of EUR6.5, representing a potential upside of 55% compared with the closing price on November 20, 2023.
This new report adds to the consensus of financial analysts who are already following the stock alongside Stifel.
The report can be downloaded on the EuroLand Corporate website.
Next publication: 2023 full-year revenue, on February 29, 2024 after close of trade.
About Charwood Energy
Convinced that biomass is a key response to the challenges of the energy transition, Charwood Energy designs, installs
and maintains tailored solutions for the production of biomass renewable energy.
Charwood Energy boasts a wealth of technical know-how and expertise in all biomass recovery technologies, including
heating and heat networks, anaerobic digestion, and pyrogasification.
Positioned since 2019 in the promising area of pyrogasification technology, Charwood Energy is now also involved in the
development and operation of proprietary pyrogasification units aiming to produce and sell green gas, biochar and
carbon credits to industrial customers under direct purchasing contracts.
The company is listed on Euronext Growth® Paris (ISIN: FR001400AJ60; Ticker: ALCWE) - Eligible for PEA PME equity
savings plans - Certified as an "Innovative Company" by Bpifrance.
To find out more: https://charwood.energy/investisseurs
Contacts
SEITOSEI.ACTIFIN SEITOSEI.ACTIFIN
CHARWOOD ENERGY Investor Relations Press Relations
investisseur@charwood.energy Ghislaine Gasparetto Michael Scholze
02 97 26 46 30 charwood@actifin.fr michael.scholze@actifin.fr
01 56 88 11 22 01 56 88 11 14
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Regulatory filing PDF file File: Charwood Energy announces the initiation of coverage of its shares by EuroLand Corporate
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Language: English
Company: Charwood Energy
1 Rue Benjamin Franklin - P.A. de Kerboulard
56250 Saint-Nolff
France
Phone: 0297264630
E-mail: contact@energy.bzh
ISIN: FR001400AJ60
Euronext Ticker: ALCWE
AMF Category: Inside information / Other releases
EQS News ID: 1778531
End of Announcement EQS News Service
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1778531 21-Nov-2023 CET/CEST
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November 21, 2023 11:45 ET (16:45 GMT)
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