Bpifrance acquires a 4.29% stake in Arverne Group to support its ambitious geothermal and lithium production goals.

Information on the Target

Arverne Group (ISIN code: FR001400JWR8, mnemonic code: ARVEN) is a prominent industrial player specializing in the production of renewable subterranean resources. Recently, the company announced that Bpifrance has acquired a stake in its capital, further solidifying its position in the market.

This capital investment by Bpifrance involves the acquisition of 1,709,740 existing shares of Arverne Group, which represents 4.29% of the capital and 4.91% of the voting rights. The transaction is also set to see the appointment of a Bpifrance representative to the Board of Directors, initially serving as an observer, with a proposal for full membership anticipated at the general shareholder meeting following the mixed general assembly on June 18, 2025.

Industry Overview in France

France has been increasingly focused on renewable energy solutions, with geothermal energy emerging as a vital component of its energy transition strategy. The cou