Dubai, United Arab Emirates, April 25, 2024–(BUSINESS WIRE)–Environmental Performance Financing (EPF), a subsidiary of Alpha Blue Ocean Group, has partnered with Europlasma (ALEUP:FP), a leader in pollution removal, material recovery and decarboxylation solutions. We are proud to announce our partnership with. For the establishment of bond financing arrangements.
This funding is aimed at supporting the Group's growth and development, particularly in key initiatives such as:
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Acquisition of MG-Valdunes: Europlasma has received the green light to acquire the business assets of MG-Valdunes. This is an important step towards strengthening industrial sovereignty and resuming Valdunes' historic activities.
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Development of the Tarbes Forge: Funds will also be allocated to increase the production capacity of the Tarbes Forge, which faces increasing demands, especially in the defense sector.
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Continued development of historic activities: The bulk of the funding will go towards the continued development of decontamination, decarbonization and hazardous waste recovery activities, areas in which Europlasma has excelled for many years.
This partnership strengthens Europlasma's market position while contributing to achieving important environmental goals.
This partnership demonstrates ABO Group's commitment to financing innovative and sustainable environmental projects.
Pierre Vanneuse, CIO and Founder of Alpha Blue Ocean said: “We are pleased to announce the renewal of our partnership with Europlasma for its seventh significant funding agreement. This long-standing collaboration builds on our commitment to long-term support of innovative and sustainable environmental projects. After seven years of fruitful cooperation with Europlasma, this new agreement once again demonstrates the success of our joint efforts. French industrial flagship And it has become an unparalleled global standard in its field. We are all committed to establishing this cooperation permanently and maintaining the positive momentum built in recent years. ”
Jérôme Garnache-Cruillot Europlasma CEO :
“I would like to thank the ABO team for continuing to financially support the significant growth of the Europlasma Group. Without this support, the rescue of Forges de Tarbes in 2021 would not have been possible. Expertise is being preserved and contributing more.'' Thanks to the enthusiastic support of the ABO, as well as the Economic and Social Development Fund and the local authorities, Europlasma was able to save France's last railway wheel and axle manufacturer. I did. The funding will once again keep another French expertise strategic. ”
About Alpha Blue Ocean:
Founded in 2017, Alpha Blue Ocean is a pioneering and leading player in the field of alternative finance, particularly in healthcare innovation, in Europe and around the world. Founded by Pierre Vannineuse, in five years he has implemented over €2 billion in funding, 60% of which is devoted to the healthcare and innovation sector.
About Europlasma:
Europlasma is a French group with an international presence, dedicated to the design and development of expertise for the benefit of humanity and the environment. The decontamination specialist's innovative solutions not only aim to treat and value hazardous waste using its proprietary plasma torch technology, but also to improve the environment by replacing fossil fuels and recycling. It is also intended for applications in industries interested in reducing their footprint. The logic of circular economy.
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