Paris, 10 July 2024 – BelEnergia, an independent player and pioneer in the development of solar, wind and biomethane assets, announces a significant capital increase. This operation, carried out with RGREEN INVEST and FOR TALENTS, will support BelEnergia’s growth and meet the European challenges of the energy transition.
BelEnergia, with a turnover of €102 million in 2023, is a major player in the circular economy, building and operating industrial sites dedicated to energy production.
450,000 tonnes of organic matter from livestock by-products, agricultural residues and the organic fraction of household waste were processed in 2023.
BelEnergia plans to invest more than €500 million over the next 5 years in Europe and in doing so it will create jobs that cannot be relocated. With 200 employees and a team of intra-entrepreneurs spread across France, Italy and Spain, BelEnergia is currently planning and building more than 300MWp of solar and agri-photovoltaic parks. The group is focusing on innovation in the production of advanced biomethane, fertilisers and organic soil improvers. In the short term, the aim is to produce 500GWh of biomethane and deliver 300,000 tonnes of fertiliser and soil improver a year in Europe.
“In 13 years, starting from a blank sheet of paper entrusted to Jacques Edouard Lévy, we have developed unique expertise in the production of low-carbon energy. We have become specialists in the treatment of negative-value organic matter, with close to 100% recovery. We promote a culture of industrial excellence with a strong ESG impact. This capital injection will enable us to accelerate our growth to meet the European challenges of the energy transition,” says Vincent Bartin, Chairman and founder of BelEnergia.
To support this growth, BelEnergia welcomes RGREEN INVEST, via its INFRAGREEN V SLP fund, and FOR TALENTS as long-term strategic investors, alongside the Mid Infra SLP fund, managed by Schroders Capital Management (France) SAS, a shareholder since 2021. The entry of RGREEN INVEST marks the consolidation of a partnership initiated with BelEnergia more than ten years ago through asset financing.
“This transaction should help us to meet the challenges of energy independence and reduce our dependence on gas imports into Europe. Our relationship with BelEnergia symbolises the core values of RGREENINVEST’s strategy since2010: to support the vision of European entrepreneurs and give them the financial resources to make the energy transition a solution that serves people rather than a constraint”, says NicolasRochon, Chairman and founder of RGREENINVEST.
In 2026, Nicolas Baron, the Group’s Industrial Director and a graduate of Arts et Métiers, will become Chairman of BelEnergia alongside Jacques Edouard Lévy, BelEnergia’s Chief Executive Officer.
“The FOR TALENTS team is pleased and proud to support this management handover between Vincent Bartin and his son-in-law. FOR TALENTS brings to the company its particular know-how, which consists of facilitating the family handover on a managerial and financial level” declares Blandine Pessin-Bazil, Partner of For Talents.