The Meridiam fund is accelerating towards “green”

Posted Apr 5, 2022, 6:42 PMUpdated on Apr 5, 2022, 7:22 PM

New owner of the group from Suez with the American GIP and Caisse des Dépôts, the Meridiam investment fund is accelerating towards green investments. “The new energy crisis linked to the war in Ukraine confirms our choice of investment in the economy and transition energies”, declares its founder Thierry Déau. The “New Suez” will itself turn more towards “green” financing and low-carbon energies.

Thus, Meridiam does not hide its interest in the hazardous waste treatment sites that Veolia is now having to sell as part of the takeover of Suez, valued between 700 to 800 million euros. The fund has a privileged right to the asset if it puts the right price on it. The names of Paprec and Remondis were also mentioned. The Suez cluster has developed expertise to secure this waste, but also to produce energy from its processing and reduce the environmental footprint of its emitters.

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