Tuesday, May 21, 2024

Technique Solaire secures debt financing for 300 PV projects

Technique Solaire has secured €224M in senior debt from Bpifrance and Caisse d’Epargne CEPAC to boost its solar portfolio. The financing will back the construction of 300 greenfield projects with 162.6 MW capacity, marking the largest debtraising in the company’s history. Projects span various installations including agricultural sheds, greenhouses, and parking canopies across metropolitan regions, set for completion by 2026. The move aligns with Technique Solaire’s aim to mobilize €4 billion by 2030 for a 4 GW of PV energy production capacity. The group has donated €75,000 to Synergie Renouvelable, facilitating NGO projects promoting energy access globally. In 2023, Technique Solaire raised €200M equity capital, enabling its installations to offset 229,395 tonnes of CO2 emissions, equivalent to powering over 1.7 million local inhabitants’ consumption. 

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