Q ENERGY secures EUR109mn to finance four renewable projects in France

Q ENERGY France secures a EUR109mn loan from BPCE Energeco for the construction of two wind farms and two solar power plants with a combined capacity of 55 MW.

Share:

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.

Q ENERGY France has obtained financing of EUR109mn ($118mn) from BPCE Energeco to develop four new renewable energy projects, including two wind farms and two solar power plants. The transaction, completed in December, will allow for the construction of installations with a total capacity of 55 MW. The funds were allocated as long-term bank credit, provided by the relevant project companies, to cover all construction costs.

Structuring and partners involved in the transaction

The financing arrangement was managed by BPCE Energeco, which will also coordinate the syndication with other banking institutions. Advisors involved include De Gaulle Fleurance & Associés for legal documentation, Jeantet for legal due diligence, Synéria for technical due diligence, Marsh for insurance, and Aurora for market pricing verification. On the Q ENERGY side, legal documentation was handled by Linklaters and financial advisory by Tevali Partners. The financed projects have not been publicly identified by name at this stage, nor has there been a detailed breakdown of their respective capacities.

Strong financing momentum in 2024

Throughout 2024, Q ENERGY France will have raised over EUR159mn ($172mn) through non-recourse project financing. Among these transactions is a financing exceeding EUR50mn ($54mn) obtained in April for the construction of the largest floating solar power plant in Europe. All plants financed in 2024 were acquired in the first quarter of 2025 by Velto Renewable, while Q ENERGY continues to act as EPC contractor (engineering, procurement, and construction) and asset manager on these projects.

Outlook for the coming year

The management of Q ENERGY France plans to build on the momentum generated in 2024 to structure new financing for a significant portfolio of projects in 2025. The use of long-term financing, supported by specialised partners and a network of experts, is at the heart of the company’s development strategy in the French renewable energy market.

The total amount of credit raised, together with the involvement of banking and technical partners, reflects the sector’s evolution towards the structuring of complex, multi-technology financing.

Statkraft continues its strategic shift by selling its district heating unit to Patrizia SE and Nordic Infrastructure AG for NOK3.6bn ($331mn). The deal will free up capital for hydropower, wind, solar and battery investments.
Petronas Gas restructures its operations by transferring regulated and non-regulated segments into separate subsidiaries, following government approval to improve transparency and optimise the group’s investment management.
Marubeni Corporation has formed a power trading unit in joint venture with UK-based SmartestEnergy, targeting expansion in Japan’s fast-changing deregulated market.
Exxon Mobil plans to reduce its Singapore workforce by 10% to 15% by 2027 and relocate its offices to the Jurong industrial site, as part of a strategic investment shift.
Phoenix Energy raised $54.08mn through a preferred stock offering now listed as PHXE.P on NYSE American, with an initial dividend scheduled for mid-October.
TotalEnergies plans to increase its energy production by 4% annually until 2030, while reducing global investments by $7.5bn amid what it describes as an uncertain economic environment.
Occidental Petroleum is considering selling its chemical subsidiary OxyChem for $10bn, a transaction that forms part of its deleveraging strategy launched after several major acquisitions.
ABO Energy is assessing a shift to independent power production by operating its own renewable parks, signalling a major strategic move in a market that has become more favourable.
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.
Iberdrola plans to invest EUR58bn ($61.83bn) by 2028, targeting a net profit of EUR7.6bn ($8.10bn), focusing on power grids and key markets such as the United Kingdom and the United States.
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.

Log in to read this article

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

[wc_register_modal]