VALOREM, a French renewable energy developer, secured a €550 million investment from a consortium aimed at enhancing its market position and expanding its project pipeline.

Target Information

VALOREM, an independent developer of renewable energy based in France, has been a key player in the renewable sector for the past eight years. Recently, VALOREM received a substantial offer for a minority stake, backed by a consortium comprising AIP Management and IDIA, along with support from existing investors GSO and IRDI. The firm's significant progress is highlighted by its remarkable growth, having quintupled its installed capacity, and anticipates producing 1.5 TWh of renewable energy by 2024.

This transaction, valued at €550 million, aims to raise capital and strengthen VALOREM's position in the market as one of the last independent French Independent Power Producers (IPPs). Additionally, the company's project pipeline has grown to an impressive 6.6 GW, showcasing its commitment to expanding its international operations and enhancing its overall market influence.

Industry Overview

The renewable energy sector in France has seen substantial growth in recent years, spurred by government initiatives to transition towards greener energy sources. France has committed to increasing its overal