Naoden is a provider of gasification units, relying on a thermochemical process that converts solid fuels into a fuel called synthesis gas (syngas), which contains hydrogen and methane, among other things.

The syngas can be recovered in a burner to replace or co-combust with a fossil fuel (natural gas, propane) to produce heat. Alternatively, the syngas can be used to produced electricity and heat through a co-generation unit.

Echosys Advisory advised Naoden and an industrial partner in the acquisition of a biomass project in France, with the implementation of a gasification unit as a substitute to the originally intended boiler.

Investors: Naoden