GreenYellow has announced the acquisition of a portfolio of 18 rooftop photovoltaic plants located on the island of Réunion. The total installed capacity of 3.1 megawatt-peak (MWp) is fully connected to the local power grid. This transaction marks a step forward in the group’s expansion strategy in overseas territories, where local electricity production remains a strategic priority.
Annual production estimated at over 4.3 GWh
The facilities included in this asset transfer are expected to generate more than 4.3 gigawatt-hours (GWh) annually. This output would cover the yearly electricity needs of more than 1,360 inhabitants on the island. The entire portfolio operates under a grid injection model, without any associated storage infrastructure.
With this acquisition, GreenYellow expands its operational perimeter and increases the share of owned assets in non-interconnected zones. Already active in Réunion’s energy market, the company strengthens its operational footprint in line with its industrial objectives.
Asset consolidation in overseas territories
The company relied on legal support from Ravetto Associés for the acquisition process. Envinergy, a firm specialised in energy asset transactions, facilitated the deal by connecting the involved parties. No information has been disclosed regarding the transaction value or the identity of the seller.
GreenYellow stated that the integration of these new assets aligns with its strategy to operate as a fully integrated player across the energy value chain, from development to operation. The portfolio is part of a long-term approach aimed at securing stable revenues amid ongoing market volatility.
Internalised operations model for commercial clients
GreenYellow’s business model is based on owning and directly operating its infrastructure, particularly for commercial and industrial (C&I) clients. The company reports having supported over 750 clients in solar deployment projects, with a global portfolio exceeding 1.1 gigawatt-peak (GWp) of installed capacity.
Benoît Regnard, Managing Director of GreenYellow Austral, stated that the deal helps “reduce clients’ energy dependence while ensuring performance and sustainability”. He added that the group intends to “affirm its role as a long-term energy operator in the French overseas territories”.
