on EVERGREEN (EPA:EGR)
Evergaz strengthens its position in Europe thanks to a fundraising of €60 million
Transition Evergreen, listed on Euronext Paris, announced that Evergaz, its investment, has completed a capital increase of €60 million. This fundraising, subscribed by Meridiam and SWEN Capital Partners, strengthens Evergaz's industrial plan in the field of biogas.
Meridiam is investing €57 million while SWEN Capital Partners is contributing €3 million. The transaction also includes the conversion of bonds by Eiffel Investment Group and Bpifrance, improving Evergaz's financial structure.
Transition Evergreen remains a key shareholder in the C4 Group in Germany, which operates biogas plants and contributes to the energy transition. This capital increase underlines Evergaz's strategy to become a major player in biogas in Europe.
R. H.
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