Acacia SAS has successfully raised capital with EREN Group as a strategic investor to advance its energy storage projects in France, capitalizing on the growing demand for sustainable energy solutions.

Information on the Target

Acacia SAS is a French developer specializing in the construction of stand-alone Battery Energy Storage Systems (BESS) and private interconnection points. The company aims to address growing energy storage needs in France by providing innovative solutions that enhance the resilience and reliability of the power grid. With a focus on sustainable energy management, Acacia integrates cutting-edge technology into its projects to ensure optimized energy storage and distribution.

This recent capital raise marks a significant step in Acacia's growth trajectory, allowing it to accelerate the development of its most advanced projects. The investment will fuel further expansion and innovation in the French energy storage market, positioning Acacia as a key player in facilitating the energy transition.

Industry Overview in France

The energy storage industry in France has seen a surge in interest and investment, driven by the country's commitment to transition towards renewable energy. As part of its policy framework, France has set ambitious targets for re