CVE Biogaz successfully raised EUR 70 million from BNP Paribas Asset Management to accelerate its development in the European biogas market.

Target Company Overview

CVE Biogaz, a subsidiary of the independent renewable energy producer CVE, is a leading entity in the recovery of organic matter and anaerobic digestion in France. The company is focused on advancing sustainable energy solutions and has positioned itself as a significant player in the biogas sector, which is becoming increasingly vital in the context of the global energy transition.

This recent capital raise underscores CVE Biogaz's commitment to further its development in the biogas market. With efforts to contribute to a more sustainable energy landscape, this investment will enable the company to enhance its operational capabilities and expand its reach across Europe.

Industry Overview in France

The biogas industry in France has garnered considerable attention as the country aims to increase its renewable energy share significantly. Currently, biogas accounts for only 2% of n