Global Bioenergies gained more than 4% on the Paris Bourse on Thursday, having strengthened its cash position thanks to several receipts from public financing.

The cleantech company reports that it recently received several non-dilutive financing packages totaling 7.3 million euros from partners such as Bpifrance and ADEME, notably in connection with its plant construction project.

With gross cash of 14.4 million euros, Global Bioenergies now believes it has financial visibility until early 2025.

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