White Summit Capital has made a landmark investment of €150 million in Powesco, a French platform specializing in energy efficiency solutions, to support a growing market driven by stringent energy consumption regulations.

Target Overview

Powesco is a prominent French platform focused on providing sustainable renovation solutions aimed at enhancing energy efficiency. With a dedicated team of 60 professionals, Powesco is well-equipped to deliver audited capital expenditure programs dedicated to energy efficiency across various sectors. This investment positions Powesco to effectively respond to the increasing demand for energy efficiency solutions as regulations in France become more stringent.

Recently, Powesco secured a significant investment of €150 million from White Summit Capital (WSC), earmarked specifically for energy efficiency-as-a-service projects. The primary objective is to address energy consumption reduction in tertiary buildings across France, a market presenting a tremendous opportunity worth approximately €40 billion due to regulatory requirements mandating a 60% reduction in energy consumption for buildings over 1,000m² by 2050.

Industry Overview in France

The energy efficiency sector in France is undergoing a transformative phase driven by stringent national policies and regulations aimed at reducing greenhouse gas emissions and enhancing energy security