Casino pulls out of GreenYellow

Casino finalizes the sale of its residual stake in GreenYellow for 46 million euros, marking a crucial milestone in its financial restructuring.

Share:

La sortie de Géant Casino de GreenYellow

Gain full professional access to energynews.pro from 4.90€/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90€/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 €/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99€/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 €/year from the second year.

Casino Group, a long-standing player in the French retail sector, announced on Monday the sale of its remaining 10.15% stake in GreenYellow to Ardian and Bpifrance. This operation is part of a gradual withdrawal that began in October 2022, when Casino sold the majority of its shares for 600 million euros. The current agreement, which should be finalized before the end of May 2024, is presented as a decisive turning point for Casino, as it refocuses on its core activities while settling its financial commitments.
The amount of the transaction, estimated at around 46 million euros, illustrates the importance of this operation as part of Casino’s overall debt reduction strategy. This amount will be used in particular to settle all mutual receivables between Casino and GreenYellow, resulting in particular from the previous sale of supermarket assets to the Les Mousquetaires group and to Auchan, a transaction facilitated by the accelerated safeguard procedure.

Financial and strategic implications for Casino

This move illustrates Casino’s determination to simplify its financial structure and free itself from non-essential commitments, at a time when the Group also changed shareholders at the end of March. This sale marks the end of Casino’s involvement in the renewable energy sector, a field in which GreenYellow had distinguished itself through innovative initiatives such as the installation of solar panels and the provision of energy performance contracts.
By withdrawing completely from GreenYellow, Casino is closing an important chapter in its history in renewable energy. This transition is also a clear indicator of the Group’s strategic refocusing on its traditional distribution activities, following a period of financial turbulence and major structural readjustments.
The completion of the sale of GreenYellow by Casino illustrates a pragmatic evolution in the management of the Group’s assets, steering Casino towards a more sustainable financial trajectory and a refocusing on its retail activities. This operation demonstrates Casino’s commitment to optimizing its business model and responding effectively to the challenges of the retail market.

.

The Russian producer Efko became the leading supplier of sunflower oil to India in the 2024–2025 season, with 564,000 tonnes shipped, consolidating its position in a fast-growing market.
Fortescue accelerates the decarbonisation of its operations by leveraging an international network of technology and industrial partners, targeting net zero at its mining sites by 2030.
Mexican state-owned company Pemex confirmed the partial acceptance of bond securities under its debt repurchase offer, with a total allocation of $9.9bn, following strong oversubscription.
Swiss energy company MET strengthens its footprint in Central and Southeast Europe with the full acquisition of MET Slovakia and the launch of a new operational subsidiary in Albania.
UK-based Gresham House will acquire Swiss investment manager SUSI Partners, strengthening its international footprint in energy transition infrastructure.
Spruce Power launches an internal reorganisation aimed at reducing annual operating costs by $20mn, with the closure of its Denver office and a refocus on key initiatives to strengthen profitability.
TotalEnergies’ Board of Directors is adjusting its shareholder return strategy while consolidating its multi-energy growth and employee shareholding plan amid an uncertain energy and geopolitical landscape.
Fermi America has signed two letters of intent with Siemens Energy to supply an additional 1.1 GW of gas turbines and collaborate on nuclear steam turbines as part of its 11 GW private energy campus dedicated to artificial intelligence.
Aker becomes one of Nscale’s largest shareholders following a $1.1bn funding round, reinforcing its exposure to large-scale artificial intelligence infrastructure.
TenneT Holding has reached an agreement with APG, GIC and NBIM to finance the expansion of the German high-voltage grid, securing its capital needs for the coming years.
Envision Energy strengthens its commercial strategy in Australia through a new agreement with ANZ to finance energy projects and develop local supply chains in renewables.
Thermal Energy International posted record revenue for fiscal 2025 despite a quarterly decline, supported by a strong recovery in orders at the start of fiscal 2026.
The European Bank for Reconstruction and Development invests $100mn in a DenizBank green bond to expand sustainable financing access and support capital markets in Turkey.
TotalEnergies launches construction of the final key infrastructures of the Gas Growth Integrated Project in Iraq, putting into execution all its oil, gas, solar and water components.
OMV terminated the contract of one of its executives after suspicions of spying for Russia, prompting the Austrian Ministry of Foreign Affairs to summon a Russian diplomat.
ABO-Group’s revenue reached €53.7mn ($57.2mn) in H1 2025, supported by targeted acquisitions and strong performance in France and the Netherlands.
Waaree Sustainable Finance has announced a strategic investment in Warehouse Now, a fast-growing on-demand warehousing company in India, reinforcing the group’s focus on structurally high-return sectors.
The US investment bank is restructuring its operations by merging its energy and utilities divisions to form a global power and energy unit.
Gibson Energy has received approval from the Toronto Stock Exchange to extend its normal course issuer bid, covering up to 7.5% of the public float over a one-year period starting 18 September.
Petróleos Mexicanos received offers surpassing the $9.9bn cap set for its debt repurchase programme, resulting in oversubscription during the initial phase of the operation.

Log in to read this article

You'll also have access to a selection of our best content.

[wc_register_modal]