- CEO
- Arthur Leroux
- Full Time Employees
- 55
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- 19, Avenue Paul Heroult Marseille BF France 13015
- IPO Date
- Jul 14, 2021
- Business
- Enogia SAS designs, manufactures, and sells micro-turbomachines for heat-to-power conversion and related applications in France and internationally. The company develops Organic Rankine Cycle (ORC) systems that convert low-grade waste heat into electricity from sources including solar, biomass, geothermal, industrial processes, internal combustion engines, maritime operations, biogas, and generator sets; it also produces air compressors for hydrogen fuel cells and custom turbomachinery engineering, particularly using supercritical CO2. Founded in 2009 and headquartered at 19 Avenue Paul Heroult in Marseille, France, Enogia SAS operates in the specialty industrial machinery sector, targeting industrial, maritime, geothermal, and clean energy markets across Europe, Asia, and other regions with approximately 51 employees. In recent developments, the company reported 2024 revenue of EUR 8.0 million, up 58% from 2023, with EBITDA turning positive at EUR 0.5 million due to an operational efficiency plan involving reorganization into Standard ORC and Innovative Turbomachinery units, cost reductions yielding annual savings of EUR 1.5 million, and gross margin improvements. It signed strategic partnerships including cross-promotion and sales network pooling with Hevatech for complementary heat conversion technologies, commercialization alliances with Atlas Copco Airpower for marine ORC modules, and a technology partnership with NEEXT Engineering; additionally, it secured major contracts such as geothermal projects with Taiwan Cement Corporation, maritime orders for Chantiers de l’Atlantique cruise ships, Louis Dreyfus Armateurs, and Ponant Cruises, a supercritical CO2 engineering deal with Sunbo Unitech for KEPCO, and 10 ORC modules for Ulsan city's hydrogen fuel cell park in South Korea, driving its order book to a record EUR 14.5-17.6 million by late 2024 and early 2025 while reaffirming 2025 targets of over 50% revenue growth, positive free cash flow, and a positive net result.