TiLT Capital and GEI have successfully raised funds to support Silicéo's growth and expansion in the photovoltaic sector.

Target Information

Silicéo, founded in 2009 and based in Saint-Martin-sur-le-Pré, is a leading player in the photovoltaic sector. The company specializes in the design, installation, and maintenance of solar projects, catering to professional clients and local governments. Silicéo’s integrated offerings cover projects ranging from 30 kWc to several MWc and are organized across three entities: Silicéo, which focuses on panel installation and administrative processes; Ingélios, which handles engineering activities; and Vision ENR, responsible for the maintenance, operation, and optimization of solar plants.

With a workforce of 220 employees, Silicéo has experienced significant growth in recent years, culminating in a revenue of over €50 million in 2023. The company's commitment to expanding within the rapidly growing photovoltaic market aligns with ambitious development goals set forth by France and Europe.

Industry Overview

The photovoltaic sector in France is undergoing a transformative phase fueled by the country's and the broader European Union's aggressive targets for renewable energy production. With policy support and a growing awareness of climate change,