Crédit Agricole has acquired 12 onshore wind farms in France and Belgium, enhancing its renewable energy portfolio and aligning with its goal of reaching 2 GW of installed capacity by 2028.

Target Information

The targeted assets include a total of 12 onshore wind farms, with 11 located across France and one in Belgium. Together, these wind farms boast an installed capacity of 121 MW and are capable of generating an annual output of 273 GWh, which is sufficient to power approximately 54,600 households for a year.

Laurent Perno, Director of Production and Marketing at Crédit Agricole Transitions & Energies, emphasized that this investment through their fund, Crédit Agricole Énergies & Territoires, reflects their commitment to accelerating the deployment of decarbonized energy in local communities. This strategic move not only complements their initial investments but also aligns with their target of achieving 2 GW of installed capacity by 2028.

Industry Overview

The renewables sector in France is experiencing significant growth, particularly in wind energy, which plays a crucial role in the country’s transition towards greener energy sources. As pa