Cube Infrastructure has acquired the French division of Neolectra Group, enhancing its portfolio in the growing sustainable energy market.

Information on the Target

Cube Infrastructure has successfully acquired the French division of Neolectra Group, an independent power producer with a significant portfolio of energy assets across France and Spain. The acquisition includes nearly 40 assets located throughout France, which encompass gas distribution networks, district heating plants, and various power generation facilities that utilize both renewable and fossil fuel sources.

Founded in 2003, Neolectra Group specializes in managing medium-sized energy assets that are often overlooked by larger players in the deregulated European energy market. The company is actively seeking to expand its investments into Germany, Belgium, and Italy, demonstrating its commitment to diversifying its operational footprint in Europe.

Industry Overview in France

The energy sector in France is characterized by a robust infrastructure with a mix of renewable and non-renewable resources. Over recent years, there has been a significant push towards energy transition, with the French government setting a