Arkolia, a renewable energy specialist based in Mauguio, has reached a new milestone in its development with the entry of Mirova, an affiliate of Natixis Investment Managers, and BNP Paribas Asset Management (BNPP AM) into its capital. This strategic acquisition will enable the company to strengthen its market position and fund its long-term ambitions.
Founded in 2009, Arkolia is currently the second-largest independent power producer (IPP) for rooftop photovoltaic systems in France. With an installed capacity of 562 MW in 2023, the company operates in the fields of photovoltaics, wind power, and biogas. It aims to reach a capacity of 1.5 GW by 2030 while doubling its revenue to exceed 500 million euros.
A strategic alliance for the energy transition
The partnership with Mirova and BNPP AM marks a turning point in the company’s history. The involved funds, Mirova Energy Transition 6 (MET6) and BNP Paribas Low Carbon Transition Infra Equity Fund I, plan to make significant investments to support Arkolia’s projects. The objective is to expand its project portfolio, strengthen its national presence, and continue talent acquisition.
Jean-Sébastien Bessière, co-founder and president of Arkolia, retains his stake in the company alongside employees through a Corporate Mutual Fund (FCPE). He stated that this alliance would allow Arkolia to remain true to its DNA, characterized by innovation and a commitment to democratizing renewable energies.
A key position in decarbonization
For Mirova and BNPP AM, this investment aligns with their strategy of supporting leading companies contributing to Europe’s energy transition. Rodolphe Brumm, Head of Infrastructure Private Equity at BNPP AM, highlights the strategic alignment of this partnership with decarbonization objectives, particularly in integrated energy production.
Mirova, on the other hand, emphasizes the expertise developed by Arkolia, notably its ability to address scaling challenges essential for a successful energy transition. Raphaël Lance, Director of Energy Transition Funds at Mirova, points out that the company is well-positioned to consolidate its place in a booming sector.
Long-term perspectives
With this transaction, Arkolia envisions significant expansion in both projects and employment. The company plans to recruit 350 additional employees in the coming years to support its ambitions. The completion of this acquisition is subject to regulatory approvals expected by the first half of 2025.
This partnership reflects a shared vision among stakeholders: promoting sustainable energy independence while reducing the carbon footprint of energy production.
