GreenYellow Secures €70 Million to Develop 133 Solar Plants in France

Representational image. Credit: Canva

GreenYellow, a leader in decentralized solar energy, has successfully concluded a €70 million financing transaction to support the development of 133 solar power plants across metropolitan France. The initiative will result in a total installed capacity of 74.5 MWp. This structured financing was provided by Caisse d’Épargne Île-de-France, a long-standing partner of GreenYellow, underscoring the bank’s commitment to renewable energy and the broader energy transition.

The solar portfolio will generate over 85 GWh of electricity annually, with 30% allocated for self-consumption and 70% directed to the national electricity grid. The portfolio’s assets are distributed across France and predominantly consist of solar rooftops and photovoltaic parking canopies , along with several ground-mounted solar power plants located on commercial and industrial land.

Notably, the portfolio will include some of GreenYellow’s first projects integrating photovoltaics with energy storage systems (BESS), reflecting a major strategic focus for the company.

The recent surge in B2B solar installations is driven by new regulatory frameworks, including the tertiary decree and the APER law, which mandate solarization of new rooftops and large parking lots. GreenYellow’s latest venture highlights its continued growth in the rapidly expanding B2B solar sector.

 

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