Nicolas Rochon, President of RGREEN INVEST, states: “This fifth investment in GÉNÉRALE DU SOLAIRE underlines our objective to support developers over the long term on various types of projects. This photovoltaic power plant project is truly the core target of the NOUVELLES ÉNERGIES financing solution, i.e. a local project that benefits from a guaranteed rate by Commission de Régulation de l’Energie (CRE).

GÉNÉRALE DU SOLAIRE is an expert in the development, engineering, construction and operation of photovoltaic power plants as well as an independent electricity producer in France and abroad. The Group is a leader in integrated roof-mounted and ground-based power plants.

Daniel Bour, Founder and President of GÉNÉRALE DU SOLAIRE, says: “We are pleased to continue this long-standing partnership with RGREEN INVEST. In our opinion, solar energy must match the immediate local needs and, thanks to RGREEN INVEST’s funding, we can initiate projects such as this one, with strong local roots, while also meeting local solar energy needs

As a reminder, through the NOUVELLES ÉNERGIES strategies, RGREEN INVEST is providing an alternative offer with a short-term, fixed-rate financing solution to promoters of renewable energy infrastructure projects. Launched in July 2018, the NOUVELLES ÉNERGIES funds successfully closed a first round with institutional investors in January 2019 at €124 million before a second round scheduled later this year. The NOUVELLES ÉNERGIES funds have already committed more than €96 million for solar, wind and storage projects in France and Europe.