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Evergreen Transition: Strategy focused on infrastructure and judicial recovery of Safra

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Transition Evergreen, a fund listed on Euronext Paris, is strengthening its strategy by focusing on the infrastructure segment. The investments target Evergaz for biogas, F & W for forest resources, EverWatt for solar self-consumption and pHYnix for green hydrogen. Discussions with financiers are underway to support these projects.

At the same time, Safra SA, a specialist in low-carbon mobility, has been placed in receivership by decision of the Albi Commercial Court. This procedure aims to restructure Safra while continuing its activities and discussions with an Asian financial consortium. Transition Evergreen, which holds 34.79% of Safra, will depreciate this stake in its accounts, with an estimated impact of -20%.

R. P.

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