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Home / Deal Tracker / EQT Acquires Stake in French RNG Producer Waga Energy
Oil and Gas Take-Private Completed

EQT Acquires Stake in French RNG Producer Waga Energy

Acquirer
EQT
Target
Waga Energy SA (Majority Stake)
2025
Year
🇫🇷🇸🇪 France, Sweden
Country
Take-Private
Deal Type
$X.XB
Deal Value 🔒
Sector
Renewable Natural Gas
Industry
Oil and Gas
Date Added
Mar 20, 2026
Status
Completed
🔒

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EQT Transition Infrastructure, through the investment vehicle Box BidCo S.A.S., completed its acquisition of a 54.1% majority stake in French renewable gas producer Waga Energy SA for approximately €21.55 per share (~$600M).

The investment accelerates Waga Energy's international growth, particularly in the U.S., as it scales renewable natural gas production.