Vitry-le-François, February 18, 2026 – 6:00 p.m. (CET) Haffner Energy today announces the launch of CORE100, a reservation program for 100 standardized C-iC industrial units, representing a target business volume of over €300 million over three years. This program is expected to enable Haffner Energy to achieve positive EBITDA in the fiscal year beginning April 1, 2026, with a target EBITDA margin of more than 10% as of the following fiscal year. The Company anticipates being able to announce the first res ...

Core Insights - Haffner Energy has launched the C-iC modular industrial units line to tackle financing and deployment challenges for medium-scale decentralized biofuel projects, making them financeable without subsidies [1][7] Product Overview - The C-iC line utilizes Haffner Energy's H6 technology, with each unit capable of producing 1,700 kW of renewable syngas or up to 50 kg of renewable hydrogen per hour, equating to approximately 400 tonnes per year [2] - The line offers three configurations tailored for different end uses, providing unmatched biofuel production costs for medium-sized projects globally [3] Modular Design and Benefits - The C-iC units feature a fully modular and standardized architecture, allowing for quick installation and commissioning in less than two weeks, with minimal on-site assembly required [4] - This modular approach reduces overall project CAPEX by approximately 30% to 40% and shortens project lead times by three to four months [6] Financing and Market Impact - The mobility of the units enhances financing options, enabling leasing structures that improve project bankability [5] - The C-iC line aims to break the financing paradox faced by medium-sized projects, allowing them to become viable without public subsidies [7] Environmental and Operational Flexibility - The C-iC line is biomass-agnostic, tolerating moisture content up to 55%, which simplifies feedstock supply requirements [10] - The SYNOCA® C-iC configuration serves as a competitive alternative to biomass boilers, significantly reducing CO₂ emissions compared to solid biomass combustion [8] Market Launch and Future Expectations - A reservation system for the C-iC line will launch on February 18, 2026, with the first units expected to be commissioned in summer 2027 [11] - The CEO expresses confidence that the C-iC line will mark a turning point for Haffner Energy, anticipating significant financial impacts starting from the fiscal year beginning April 1 [9]

Core Insights - Haffner Energy and IGNIS's P2X platform have launched the AeroVerde project in Spain to produce bio-SAF and e-SAF, addressing the EU's renewable aviation fuel supply chain challenges [1] Group 1: Project Overview - The AeroVerde project utilizes a localized, circular economy model to tackle the current gaps in the European SAF industry [1] - Haffner Energy's patented technology converts local waste biomass in Spain into hydrogen-rich synthesis gas for bio-SAF production [1] - The process generates bio-based CO2, which is combined with green hydrogen produced from renewable energy by IGNIS P2X to create e-SAF [1] Group 2: Environmental Impact - The dual-pathway technology of "biomass + green electricity" aims to optimize resource utilization and significantly reduce lifecycle carbon emissions [1] Group 3: Market Implications - If successful, the project will provide the EU aviation industry with a localized decarbonization pathway that does not rely on imported raw materials [1] - The initiative is expected to intensify regional competition in the high-end chemicals and clean fuels sectors globally [1] - Europe is attempting to redefine the rules and structure of the green fuel supply chain through such projects [1]

Core Insights - Haffner Energy and IGNIS P2X have launched the AeroVerde project in Spain, focusing on advanced biofuels production [1][2] - The project aims to identify the optimal site for bio/e-SAF production, leveraging Haffner Energy's technology to convert residual biomass into hydrogen-rich syngas [2][5] - The European SAF market is under pressure to significantly increase production, with a target of 6% SAF blend by 2030, while current SAF usage is only 0.6% [3][4] Company Overview - Haffner Energy specializes in biofuel and hydrogen solutions, utilizing patented thermolysis technology to produce Sustainable Aviation Fuel and other renewable products [7] - IGNIS is a global energy company with a focus on renewable energy, managing over 9 GW of power assets and developing a portfolio of over 30 GW of renewable projects [6][8] - The P2X platform launched by IGNIS in 2024 aims to accelerate the energy transition by developing green hydrogen and other clean technology projects [9]

Core Viewpoint - Mundi Énergies and Haffner Energy have formed a strategic partnership to develop a network of renewable energy hubs in Canada, focusing on energy sovereignty and transition through innovative technologies [1][2][7]. Group 1: Partnership and Objectives - The partnership aims to create multi-energy hubs that transform residual biomass into local renewable energy, enhancing Canada's sustainable energy sovereignty and benefiting local communities [2][9]. - The hubs will initially focus on producing renewable natural gas (RNG) and green power, with RNG being injected into existing gas networks [2][3]. Group 2: Technological Integration and Deployment - The hubs will integrate various complementary technologies, including biomass thermolysis and anaerobic digesters, to enhance competitiveness and resilience [4][9]. - A total of twenty hubs are planned for deployment in Quebec, with ambitions to replicate the model across Canada [4]. Group 3: Joint Venture Structure - The partnership is structured as a joint venture, with Mundi Capital holding 51% and Haffner Energy holding 49%, focusing on marketing and deploying Haffner's technologies in Canada [5][6]. - Haffner Energy will provide the engineering and equipment essential for the joint venture's operations [6]. Group 4: Initial Project and Financials - The first industrial project is set for the first quarter of 2026, involving a 5MW syngas production module valued at a minimum of €4.2 million, aimed at producing biomethane and biodiesel [11]. Group 5: Company Background - Haffner Energy specializes in producing competitive renewable fuels and has over 32 years of experience in converting biomass into biofuels, utilizing proprietary technologies for biomass thermolysis and gasification [12].

Core Insights - Haffner Energy has secured a significant strategic partnership in Canada, marking a turnaround after a challenging year in 2025 [1][5] - The partnership will focus on establishing a complete advanced biofuels sector in Canada, starting with a 5 MW project in Quebec expected to generate €4.2 million in revenue [1][4] - The agreement includes the creation of a joint venture, with Haffner Energy holding 49% of the capital without cash contribution, leveraging its technology license [2][3] Partnership Details - The Canadian partner's identity will be revealed soon, and the initial project will utilize existing equipment, allowing for immediate revenue recognition [1][3] - A significant advance payment of €250,000 will be made to Haffner Energy, with the joint venture responsible for marketing the technology and manufacturing equipment [3][10] - The first project is a precursor to deploying multiple multi-energy hubs across Canada, utilizing SYNOCA® 20 MW thermolysis units for diverse fuel production [4][10] Technological Advancements - The new H6 generation technology significantly reduces the cost of hydrogen production to less than €2.50/kg, compared to nearly €10/kg for similar electrolyzers [7] - The capital expenditure (CAPEX) per kilowatt of thermal energy produced is reduced by a factor of three for the SYNOCA® H6 compared to previous generations, enhancing competitiveness [7] Market Context - Canada, with its vast biomass resources, presents a unique opportunity for biofuel production, producing 18 times more biomass than France [8] - The partnership aligns with the growing strategic relationship between Canada and Europe, focusing on decarbonized energy and sustainable resource use [9]

Core Insights - Haffner Energy has introduced the H6 generation of HYNOCA® and SYNOCA® technologies, which significantly enhances the competitiveness of green hydrogen and syngas for small-scale applications [1][4][9] Cost Reduction and Economic Viability - The cost of producing green hydrogen from a 5 MW unit using HYNOCA® H6 has decreased to €2.34/kg, down from €3.57/kg in the previous generation, making it substantially cheaper than electrolyzers, which are priced at approximately €7.81/kg [2][10] - SYNOCA® H6 technology has achieved a threefold reduction in capital expenditure (CAPEX) per thermal kilowatt produced, dropping from €1,800 to about €500, allowing syngas to be more cost-effective than conventional biomass boilers and biogas from methanation [3][12][15] Market Potential and Strategic Impact - The global market for small biomass boilers (under 10 MW) is valued at around €11 billion annually and is projected to reach nearly €30 billion by 2034, indicating significant growth potential for Haffner Energy's technologies [7] - The advancements in H6 generation are expected to lead to strong order intake and a substantial increase in revenue, aligning with market demands for local, competitive, and sustainable energy production [8][25] Technological Advancements - The H6 generation incorporates three major advancements: accelerated thermolysis kinetics, mechanical simplification for reduced manufacturing and maintenance costs, and enhanced thermochemical expertise supported by new patents [20][21] - These improvements enable renewable hydrogen and syngas production that is competitive, local, and sustainable, making projects more bankable and profitable [22] Decarbonization and Sustainability - Haffner Energy's H6 generation eliminates the tradeoff between economic performance and energy transition, making renewable gas cost-competitive with fossil fuels while maintaining high efficiency and a near-zero carbon footprint [23][24] - The introduction of H6 technology is expected to unlock a new generation of regional and industrial projects that are smaller, faster, and more profitable, contributing to real-world decarbonization efforts [4][24]

Core Insights - Haffner Energy has entered a significant biomethanol project in California, marking its first engagement in the US and a strategic move in its international growth and renewable fuels deployment [1][2] Company Overview - Haffner Energy specializes in designing, manufacturing, supplying, and operating biofuel and hydrogen solutions using biomass residues, with a focus on decarbonizing industry and mobility [8] - The company utilizes innovative thermolysis technology to produce Sustainable Aviation Fuel, renewable gas, hydrogen, and methanol, contributing to environmental regeneration through biogenic CO2 and biochar co-production [8] Project Details - The project involves the integration of Haffner Energy's SYNOCA® 20MW module into a 100 tonnes/day biomethanol facility, utilizing Maverick Synfuels' syngas-to-methanol conversion technology [1][5] - The initial contract includes a Carbon Intensity (CI) study to be conducted by an independent third party, marking the first milestone in the collaboration [1][6] - The biomethanol produced will primarily be used to decarbonize maritime transport, which is a significant sector in California's economy, with the plant expected to be commissioned by early 2028 [7] Collaboration and Technology - The project is a collaboration between Haffner Energy, OroCarbo, and Maverick Synfuels, with each company bringing expertise in biomass conversion and renewable fuel technologies [4][6] - OroCarbo aims to utilize local biomass resources, including forestry residues and agricultural waste, to meet the project's production targets [3][4] Market Context - Renewable methanol is emerging as a competitive alternative for decarbonizing maritime transport and chemical industries, as well as serving as a hydrogen carrier [2]

Core Insights - Haffner Energy and Luxaviation Group have established a non-exclusive 15-year offtake agreement in Europe for sustainable aviation fuel (SAF) with fixed volume and price terms [1][5] - This partnership aims to enhance SAF production and promote its use in the business aviation sector, marking a significant step towards sustainable aviation practices [2][3] Company Overview - Haffner Energy specializes in converting biomass into clean fuels, leveraging 32 years of experience in the industry, and has developed proprietary technologies for SAF production [6][8] - Luxaviation Group operates one of the largest private aircraft fleets globally and is committed to decarbonizing aviation through improved fuel efficiency and increased SAF usage [4][9] Strategic Initiatives - Luxaviation's "Go-to-Zero" Investment Fund was launched in 2023 to support SAF production, reflecting the company's commitment to sustainability [4] - Both companies are part of Project SkyPower, an initiative aimed at accelerating the development and adoption of SAF [7] Market Impact - The agreement is expected to facilitate financing for Haffner Energy's SAF projects in Europe, as long-term offtake agreements are crucial for securing funding [5] - Full-scale SAF production is anticipated to be achieved by 2030, coinciding with the European SAF mandate requiring airlines to blend SAF at a minimum of 6% [6]

Core Points - Haffner Participation SAS, the main shareholder of Haffner Energy, sold 1.2 million shares (1.93% of share capital) between May and August 2025 to repay a short-term bank loan and finance a personal project by its Chairman, Marc Haffner [2] - The share disposals were conducted in compliance with a retention commitment made during the capital increase in April 2025 [3] - As of August 31, 2025, Haffner Participation SAS holds 18,999,000 shares (30.55% of capital, 39.04% of theoretical voting rights), maintaining its status as the main shareholder of Haffner Energy [4] - Haffner Energy specializes in biofuel and hydrogen solutions using biomass residues, employing patented thermolysis technology to produce Sustainable Aviation Fuel, renewable gas, hydrogen, and methanol [5] Company Overview - Haffner Energy, co-founded 32 years ago by Marc and Philippe Haffner, focuses on decarbonizing industry and mobility, as well as supporting governments and local communities [5] - The company is listed on Euronext Growth with the ticker ALHAF [5]