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CPE in debut France, water deal
Climate Change Capital Private Equity (CPE) has backed Orège with an €8m investment, its first in France and debut deal in the water sector.
CPE, which manages a €200m fund focused on expansion capital and buyout transactions in European cleantech companies, contributed €6m of the €8m round, alongside Oraxys, a Luxembourg-based cleantech private equity firm.
Orège develops patented wastewater treatment technologies for complex effluents and sludge from the oil and gas, mining, petrochemical and chemical industries. The firm has 40 employees and is based in Jouy-en-Josas, near Paris, and has an R&D facility in Aix-en-Provence.

