Eren Industries, Eiffel Investment Group and Ocean Participations completed the investment in Verdemobil.

Eren Industries, a private equity growth investment firm, Eiffel Investment Group, an independent asset manager, focused on green and sustainable investments, and Ocean Participations, a private equity firm seeking to invest in France-based companies operating in the technology sector, completed the investment in Verdemobil, an innovative French company, specialised in the design, manufacturing, maintenance and operation of renewable gases recovery equipment. Financial terms were not disclosed. “Since the sale of Total Eren to TotalEnergies, we have been amazingly strengthening our other activities and creating new ones. Biogas is becoming one of the strategic investment angles of our Decarbonized Energy business line. Eren intends to become a leading global player in the valorization of waste in the form of energy or other valuable molecules: boost of methane production in waste water treatment plants as well as in methanization units thanks to the disruptive SLG® technology of Orege, management and valorization of organic sludge thanks to Phytorestore, methanization of biowaste with Tryon Environnement, etc. VERDEMOBIL BIOGAZ fits perfectly within that strategy and brings another key differentiating factor into the equation. We look forward to developing VerdEren that will become the main investment vehicle for VERDEMOBIL CO₂ projects,” David Corchia, Eren Industries Co-Founder.