TARANIS OPERATIONS LIMITED

Company number

15420852

Status

Active

Incorporation

2024-01-17

Last accounts made up

2024-12-31

Account category

FULL

Primary SIC

66300

Hubs

UK Fintech

Accounting basis

IFRS

Reporting scope

Consolidated (group)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company has received confirmation from its ultimate parent company, Perenco International Limited (Goodman's Bay Corporate Centre, West Bay Street, PO Box 61567, Nassau, Bahamas), that if need be, Perenco International Limited will provide finance to the company, for a period of at least 12 months from the date of these financial statements.”

Significant events

• “Acquisition of Equaforest limited On 11 February 2025, the Company acquired the company Equaforest for cash consideration of $12.3 million. Equaforest operations are in the Democratic Republic of Congo, where it holds two concessions. This acquisition represents a strategic move into the nature-based solutions, aimed at generating carbon credits for the Company. This is a 100% acquisition with the operation renamed Taranis Congo and it is a 100% subsidiary of the Company.”
• “Equity Investment in Carbon Venture On 23 January 2025 and 21 February 2025 Taranis Operations limited acquired a 28% equity stake in Resynergi Inc. of California USA for cash consideration of $14.0 million.”
• “Equity Investment in Carbon Venture On 24 January 2025 and 13 May 2025 Taranis Operations limited further invested in Pryme NV to increase the Company's equity to 36% for cash consideration of $5.9 million.”
• “Equity Investment in Carbon Venture On 20 March 2025, Taranis Operations limited acquired an 11.2% equity stake in RepAir DAC Ltd in St. Zichron Yaakov Israel for cash consideration of $8.4 million.”
• “Acquisition of Akuo Energie Afrique On 30 April 2025, the Company completed the acquisition of the company Akuo Energie Afrique for cash consideration of $58.8 million. This company operates a solar power plant in Mali and is currently developing projects across multiple countries for example Senegal, Sierra Leone, South Africa and Tanzania. This acquisition represents a strategic move into the renewable energy space for the Company. This company is a 100% subsidiary of a newly created Taranis France, which is a 100% subsidiary of the Company.”
• “Equity Investment in Carbon Venture. On 8 May 2025, the Company entered into Simple Agreement for Future Equity (SAFE) with Elemental Advanced Materials Inc. of Texas USA for cash consideration of $1m. On 11 June 2025 the Company converted the SAFE into equity and acquired further equity for a cash consideration of $19m to obtain 32.5% equity stake.”
• “Convertible Loan agreement in Carbon Venture On 16 June 2025, Taranis Operations limited entered into a Convertible Loan Agreement with Daphne Technology SA of Ecublens, Switzerland for value of $7.4 million. It is agreed upon that the loan will convert into equity before 2025 year end.”

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers