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Velto Renewable has acquired all five financed plants while Q ENERGY remains the EPC contractor and asset manager. Image Source: Q Energy
Berlin-headquartered Q ENERGY France has raised €109 million through a long-term bank loan to finance two wind and two solar projects in the country. The projects will add 55 MW of renewable energy capacity. The financing was arranged by BPCE Energeco, which also acted as a syndication agent. This follows Q ENERGY’s earlier €50 million financing in 2024 that enabled Europe’s largest floating solar plant, completed in April. Total non-recourse project financing secured by Q ENERGY in 2024 reached €159 million. In early 2025, Velto Renewable acquired all five financed plants, while Q ENERGY remains involved as EPC contractor and asset manager. Additional financing transactions are planned for 2025.