News & Videos - BOOSTHEAT - English

Vénissieux, 10 June 2024 BOOSTHEAT (ALBOO), a French industrial and software player in energy efficiency, announces the successful completion of the test program for its new hybrid compressor, marking a significant milestone in the development of innovative energy solutions to reduce environmental impact. This major technological breakthrough, which has already prompted discussions with industrial partners for the exploitation and integration of this technology in the biogas and biomethane...

Vénissieux, 19 April 2024 BOOSTHEAT (FR001400IAM7 / ALBOO), a French industrial and software player in the field of energy efficiency, announces promising results from the latest tests on its new hybrid compressor, marking a significant breakthrough in the field of cogeneration. These test results in Stirling mode confirm the advanced potential of this new technology developed by the Company and will enable us to enter into new discussions with manufacturers in the anaerobic digestion sector...

Vénissieux, 4 April 2024 BOOSTHEAT (FR001400IAM7 / ALBOO), a French industrial and software player in the field of energy efficiency, has announced its membership of the European Biogas Association in order to accelerate the penetration of its hybrid compression technology in the world of biogas production on a European scale. I EBA, A LEADING PARTNER The European Biogas Association (EBA) is a Brussels-based organisation representing the interests of the European biogas industry. Founded in...

Vénissieux, February 20, 2024 BOOSTHEAT (FR001400IAM7 / ALBOO), a French industrial and software player in the field of energy efficiency, announces that it has entered into negotiations with a French manufacturer with a view to an ambitious strategic collaboration in the field of hydrogen compression. I ENHANCING THE VALUE OF COMPRESSION KNOW-HOW AND THE DESIGN OFFICE Today, BOOSTHEAT is recognized as a key player in the energy efficiency sector, whose mission is to accelerate the ecological...

Vénissieux, 1 st February 2024 BOOSTHEAT (FR001400IAM7 / ALBOO), a French industrial and software player in the field of energy efficiency, announces the successful completion of the first functional tests of its hybrid compressor, once again on schedule with its ambitious roadmap. As a reminder, as part of its roadmap, all the teams in the "Thermal Compression Solutions (TCS)" business are committed to the development program for a brand-new hybrid compressor that fully exploits BOOSTHEAT's...

Vénissieux, January 9, 2024 BOOSTHEAT (FR001400IAM7 / ALBOO), a French industrial and software player in the field of energy efficiency, has announced, in line with its ambitious roadmap, being ready for the first functional and performance tests on its hybrid compressor. I FROM THEORY TO PRACTICE As part of the roadmap unveiled in the 1 er half-year of 2023, all the teams in the Thermal Compression Solutions (TCS) business are committed to the development program for a brand-new hybrid...

Vénissieux, November 30, 2023 BOOSTHEAT (FR001400IAM7 / ALBOO), a French industrial and software player in energy efficiency, unveils its latest roadmap with the announcement of a new proprietary and patented technological solution: the hybrid compression. This breakthrough solution should enable future industrial customers to boost the performance of their systems using this new technology, while reinforcing their energy independence. I FURTHER PROGRESS ON THE ROADMAP As announced early 2023,...

Vénissieux, February 16 th , 2023 BOOSTHEAT (FR0011814938 / BOOST), a leading industrial player in energy efficiency in France has announced that it received renewed letters of support from its three strategic partners (collaborative, industrial and laboratory), in France and in North America. All confirm the potential offered by BOOSTHEAT in the energy transition. I SUPPORT FROM NORTH AMERICAN GAS HEAT PUMP FOR THE NORTH AMERICA REGION The North American Gas Heat Pump Collaborative (NAGHPC),...

Vénissieux, 7 December 2022 Removal of all the conditions precedent relative to its Firm Offer to acquire a stake in the capital of the Company [1] ; Entry of a new shareholder (HBR Investment Group) and renewal of the Governance; Continuation of the observation period and new hearing at the Commercial Court of Lyon on 11 January 2023 BOOSTHEAT (FR0011814938 / ALBOO) is pleased to announce that the preconditions for its takeover by HBR Investment Group (HBR) have been met and welcomes the entry...

Vénissieux, 25 November 2022 BOOSTHEAT (FR0011814938 / ALBOO), a French industrial player in the field of energy efficiency, has issued an update on the safeguard procedure initiated by the Lyon Commercial Court on 4 October 2022 and the Firm Offer, subject to conditions precedent, for the acquisition of a minority equity stake in the Company's capital by HBR Investment Group (HBR) [1] . The Court has scheduled a hearing for 6 December to decide on whether to continue the safeguard procedure....

Vénissieux, 16 November 2022 In conjunction with today's filing of a report by the receiver from the Commercial Court of Lyon under a voluntary safeguard procedure opened by the Court's ruling on 4 October 2022, BOOSTHEAT (FR0011814938 / ALBOO) has disclosed the main characteristics of the offer submitted by HBR Investment Group (HBR). I HBR INVESTMENT GROUP, AN EXPERT IN TURNAROUND COMPANIES BOOSTHEAT notes that on 25 October, it received a binding offer subject to conditions precedent, to...

Vénissieux, 27 October 2022 BOOSTHEAT (FR0011814938 / ALBOO), a French industrial player in energy efficiency, announces it has received a takeover bid from a financial investor based on the new strategic plan led by the management. I NEW STRATEGIC PROJECT “AHEAD” Faced with structural changes in European policies that have led to the disappearance of the Company's historical target market [1] , BOOSTHEAT has drawn up a new strategic plan. BOOSTHEAT now intends to focus business on its...

Vénissieux, 4 October 2022 BOOSTHEAT (FR0011814938/ALBOO), a French industrial player in energy efficiency, provides an update on its situation. On 1 September 2022, BOOSTHEAT announced the opening of a pre-sale package. This procedure was put in place to provide a suitable legal framework for a prepared (total or partial) disposal of the company's assets and activities. A deadline for the submission of takeover bids was set for 28 September 2022 at 12:00. The company indicates that it has...

Vénissieux, 1 September 2022 BOOSTHEAT (FR0011814938/ALBOO), a French industrial player in energy efficiency, has reviewed its strategy and outlook. In its full-year earnings press release on 14 April, BOOSTHEAT announced its aim to return to the market by the end of 2023 with a dual-service thermally driven heat pump (domestic hot water and building heating), primarily in Germany. Since then, the Russo-Ukrainian conflict has underscored the urgency of energy independence for countries, but has...

Vénissieux, 7 th July 2022 BOOSTHEAT (FR0011814938/ALBOO), a French energy efficiency manufacturer , reports on its cash position as of June 30, 2022. As of June 30, 2022, BOOSTHEAT had a cash position of €1.6M, compared to €3.5M at the end of 2021. Drawings on the equity financing line set up in May 2021 with IRIS Capital have allowed to raise 1 M€ since the beginning of 2022. However, for the past few weeks, market conditions have severely limited the capacity for additional use. At the...

Vénissieux, June 20, 2022 BOOSTHEAT (FR0011814938/ALBOO), a French energy efficiency manufacturer , is exhibiting its thermal compression technology in Wuppertal as part of the Solar Decathlon Europe (SDE) 2021/2022, which aims to advance the energy transition in urban quarters and thus to create livable and futureproof cities collectively. This is the first phase of the partnership already signed between BOOSTHEAT S.A., the University of Wuppertal and WSW Energie & Wasser AG, energy provider...

Vénissieux, 17 May 2022 Boostheat (Euronext Paris - FR0011814938 - BOOST) the “Company”, a French industrial player in the fields of energy efficiency, announced the signature of an amendment to extend its equity financing line out to May 2023. This additional source of funding should enable the company to obtain the necessary resources to implement its business plan with the main objective being a return to the market for winter 2023-2024. In accordance with the initial contract concluded...

BOOSTHEAT (FR0011814938/ALBOO), a French energy efficiency manufacturer, publishes its earnings for the 2021 financial year. The BOOSTHEAT Board of Directors approved the 2021 financial statements on 14 April 2022. The certification report is in the process of being issued by the statutory auditors and will be available by 30 April 2022. BOOSTHEAT CEO Éric Lambert made the following statement on the release of the 2021 earnings: “In September 2021, the Company adopted a new strategic focus,...

Venissieux, February 15, 2022 BOOSTHEAT (FR0011814938 / ALBOO), a French industrial player in the field of energy efficiency, and the CETIAT (CEntre Technique des Industries Aérauliques et Thermiques) announced to have signed a one-year renewable collaboration contract to support the development of the BOOSTHEAT Thermally Drived Heat Pump (TDHP) in various applications. A second measurement campaign was completed in mid-January and confirms the technical improvement path pursued by BOOSTHEAT as...

Venissieux, January 28, 2022 At its meeting of Wednesday, 26 January 2022, BOOSTHEAT's Board of Directors noted a bond issue of €3 million subscribed entirely by the company HOLDIGAZ to support BOOSTHEAT's action plan implementation. The financing of €3 million will be in the form of a bond issue with the option of redemption in cash or in shares at the company's discretion. The bond subscribed will bear interest at a rate of 1% and mature on 31 December 2024. In addition, the Board of...