Minority investment in Orcan Energy, a leading clean-tech company, from Air Liquide


Orcan Energy, which is a leading clean-tech company in the waste heat recovery sector, has attracted a minority investment from ALIAD.

Due to this investment, the management team has been expanded and Wolfgang Brand has been appointed Chief Financial Officer (CFO).

Along with E.ON, Air Liquide is the second strategic investor to acquire a stake in Orcan Energy. In the round of financing, in which the existing investors Kleiner Perkins Caufield and Byers (KPCB), Wellington Partners and E.ON also participated, the company also secured the support of Swiss Quadia, an investment company specialised in environmental finance.

Air Liquide’s commitment to the company highlights the attractiveness of Orcan Energy’s technology for generating electricity from industrial waste heat. Air Liquide and Orcan Energy are working together on the marketing of these innovative technologies for generating energy-efficient power from waste heat.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...