Core Viewpoint - Haffner Energy has made significant progress in its technological maturity and commercial development during the fiscal year 2024-2025, with a focus on expanding its project portfolio and establishing strategic partnerships, particularly in the Sustainable Aviation Fuel (SAF) market. Group 1: Technological and Strategic Advances - The commissioning of the Marolles showcase site marks a milestone, being the first site globally to produce green hydrogen from solid biomass, which has already led to a contract for a hydrogen, electricity, and biochar production unit in Switzerland [6][9][13] - Haffner Energy has established new strategic partnerships with key players in the SAF industry, including LanzaJet and IðunnH2, to enhance its market presence and technological capabilities [14][15][16][19] - The company has launched a capital increase that raised €7 million, expanding its free float to nearly 25%, which will support its development initiatives [4][23][28] Group 2: Financial Performance - For the fiscal year ending March 31, 2025, Haffner Energy reported net sales of €378,000, an improvement from the previous year's negative sales, and an EBITDA loss of €10,011,000, which reflects cost-cutting measures [34][36] - The net loss for the year was €12,311,000, which is larger than the previous year's loss of €9,935,000, indicating ongoing financial challenges despite improvements in operational efficiency [35][37] - The company had a net cash position of €559,000 as of March 31, 2025, down from €11,042,000 the previous year, necessitating the recent fundraising efforts [41][42] Group 3: Future Outlook and Priorities - Haffner Energy aims to accelerate the conversion of its sales pipeline, which is valued at €1.55 billion, and has a weighted pipeline of €388 million as of March 31, 2025 [48][50] - The company has set four operational priorities for the current financial year, including advancing strategic projects, optimizing the Marolles site, and simplifying governance structures [46][54][58] - Continued investment in R&D is planned to enhance the performance of its biomass thermolysis technology, which has been recognized for its innovation [52][53]

Core Insights - CW Petroleum Corp is on track to achieve annual revenues between $8 million and $10 million, with strong sales performance continuing through Q2 2025 [1] - The company is actively collaborating with third-party data providers to ensure accurate representation of its trade data and financials [2] - CW Petroleum Corp is seeking equity to support its short- and long-term growth plans, with the ultimate goal of being listed on the New York Stock Exchange [3] Company Overview - CW Petroleum Corp, incorporated in 2011 and a wholly-owned subsidiary of a Wyoming corporation since April 2018, specializes in supplying and distributing biodiesel, biodiesel blends, renewable gasoline, and proprietary gasoline blends [4] - The company is licensed by the EPA to create proprietary gasoline blends and is authorized to distribute diesel fuel and gasoline across several states including Texas, Louisiana, and California [4]

Vitry-le-François, France (May 20, 2025, 6:00 pm CEST) – The 5th World Hydrogen Awards threw Haffner Energy’s unique biomass-based solution HYNOCA® in the limelight today as one of the two hydrogen-production technologies selected for the first Renewable Energy Valley project developed under the umbrella of the Horizon Europe-funded international initiative REFORMERS. Granted to REFORMERS’ Flagship Energy Valley in Alkmaar, Netherlands, in the Clean Project category, after a comprehensive review ...

Katy, Texas, April 28, 2025 (GLOBE NEWSWIRE) -- CW Petroleum Corp (OTCQB: CWPE) (the "Company"), a leading provider of Specialty Renewable and Hydrocarbon Motor Fuels, today announces to its investors and future investors audited financial results for Year-End 2024, and unaudited financial results for Q1-2025. The Company currently purchases all renewable and hydrocarbon motor fuels within the USA. Year-End 2024 Key Financial Highlights for Twelve Months Ended December 31, 2024, Compared to Prior Year Perio ...