The renewable energy sector continues to shape its future with large-scale strategic collaborations. The “Calypso” platform, created in 2023 through a partnership between Groupe VALOREM and Banque des Territoires, has reached a new milestone with the transfer of a second portfolio of energy assets.
The platform, 51% owned by VALOREM and 49% by Banque des Territoires, aims to achieve a total capacity of 500 MW in solar and wind farms by 2027. This ambition translates into an annual production target of 1.1 TWh, equivalent to the energy consumption of a city the size of Strasbourg, further supporting France’s energy commitments.
A Diversified Portfolio to Support Energy Transition
The new portfolio includes 12 photovoltaic power plants and 8 onshore wind farms. With this acquisition, the total capacity of the platform’s assets now reaches 308 MW. This development is part of a consolidation strategy, supported by the refinancing of senior debt for the assets concerned, amounting to nearly €200 million in October 2024.
The integration of these assets allows VALOREM to leverage its technical and operational expertise, while Banque des Territoires, as a financial partner, ensures the resources needed to support this rapid deployment. Together, they aim to meet national carbon neutrality goals while ensuring reliable and decarbonized energy supply.
A Long-Term Collaborative Model
Since its inception, the Calypso partnership has stood out for its ability to combine innovation and profitability in the renewable energy sector. VALOREM, an independent pioneer of wind energy in France, brings nearly 30 years of experience, with a project portfolio exceeding 7 GW under development. Banque des Territoires, on the other hand, has established itself as a driving force for energy transition by investing in structuring projects aligned with major national public policies.
The transfer of this second portfolio is seen as a strong signal of the robustness of the Calypso model. According to Brunelle Pentier, Head of Asset Financial Management at VALOREM, this operation reflects the renewed trust between the two entities and underscores the quality of the assets developed.
Outlook for Renewable Energy Players
By embracing a collaborative framework, VALOREM and Banque des Territoires demonstrate that a balanced partnership can drive sustainable development without compromising financial performance. As Europe intensifies its efforts to meet climate targets, the Calypso platform provides a tangible example of synergy between technical expertise and financial capacity.
The continuation of this model could inspire other players in the sector, seeking to balance profitability and environmental responsibility in a rapidly transforming energy market.
