Swiss company Wysenergy has secured approximately €17mn ($19.8mn) in funding from the French public investment bank Bpifrance for the construction of a 9-megawatt (MW) onshore wind farm in the Marne department, according to law firm De Gaulle Fleurance.
A project selected under the PPE2 tender
Located in the municipality of Faux-Fresnay, the project known as Les Deux Noues was selected under the second multiannual energy programme (PPE2) led by the French Energy Regulatory Commission (Commission de régulation de l’énergie, CRE). It will be equipped with V163 turbines supplied by Danish manufacturer Vestas. Once operational, the wind farm is expected to generate around 27,000 megawatt-hours (MWh) per year, enough to supply approximately 5,500 households.
This marks Wysenergy’s first financed project in France, according to information provided by De Gaulle Fleurance, which advised the Swiss company on the legal aspects of the financing. Law firm Jeantet acted as legal counsel to Bpifrance.
Targeting market consolidation in France
This funding comes amid growing activity by foreign developers in the French renewable energy sector, supported by public mechanisms and tenders implemented by French authorities. Bpifrance’s involvement reflects its aim to support projects aligned with national energy strategy goals.
Bpifrance’s mandate includes supporting innovation and economic development through equity investments, loans and guarantees. The backing of Wysenergy’s project fits into its approach of assisting foreign players seeking to strengthen their presence in France.