Over €1bn will be invested in French renewable projects over the next few years, as outlined by the French Government in April 2022. Once their investment is complete, the installed capacity of French renewable assets will increase 10-fold, reaching a 100GW capacity by 2050. Not only does France require Government tenders and large-scale public projects, but there is also a clear need for independent power producers (IPPs) to supplement the capacity. In this article, we will discuss 3 French IPPs that are investing in green infrastructure.
1) Albioma – Solar, storage, biomass, and geothermal investor based in Paris
Albioma is an independent green energy producer, that specializes in renewable energy projects in Overseas France, Mauritius, and Brazil. The group first entered the Brazilian market in June 2022, having developed biomass projects in the country since 2014. In 2022, Albioma acquired six projects located across Brazil from developer GreenYellow and the projects have a combined installed capacity of 31.6MW.
2) Kallista Energy – Wind investor based in Paris
Since its foundation in 2005, Kallista Energy has become one of the leading French developers and investors in decentralized green energy projects and IPP. As of February 2023, its portfolio is 438MW which is distributed across 38 different projects. Kallista has established funds to manage its investments, such as the DIF Infra Yield 1 infrastructure fund which is managed by its partner DIF Capital Partners.
3) Sonnedix Power Holdings – Solar developer and investor based in Saint Grégoire
Sonnedix Power Holdings is a French international renewable energy producer that has over 10 years of experience developing and investing in green infrastructure. Currently, their portfolio consists of 9.4GW of installed capacity across projects in France, Italy, Poland, Japan, and the United States. The development of a 50MW Spanish solar project brought their Spanish portfolio to over 1GW.
Image Source: Anders J via Unsplash (19.02.2023)