[Funding alert] French Solar Energy Distributor Technique Solaire Raises €200 million in Funding

French solar energy distributor Technique Solaire raises €200 million in funding from its historical financial shareholders, Bpifrance and Crédit Agricole group1, via its holding company JLT Invest. Its three co-founders (Julien Fleury, Lionel Themine, and Thomas de Moussac) retain a large majority of the capital.

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This funding round aims to support the Technique Solaire Group in its ambition to become a world-class energy company. It will enable the group to accelerate its growth in the energy production activity, intensify innovation strategy, and strengthen international presence.

For this third round of fundraising, historical shareholders, Bpifrance and the Crédit Agricole Group, through several entities have renewed their confidence in Technique Solaire’s development strategy. The three partners continue to share a common vision of sustainable growth and regional development.

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Julien Fleury, Lionel Themine, and Thomas de Moussac, co-founders of the Technique Solaire group said,“This new funding round is a major milestone in the entrepreneurial adventure we have been building for 15 years. Faced with the growing need for renewable energies, we are putting our know-how and our spirit of partnership at the service of the energy and agricultural transitions. We share the same vision of sustainable growth with our long-standing partners, whom we thank for their continued trust and support. Together, and with the support and commitment of our employees, we are going to accelerate our growth in France and internationally to decarbonize the economy and contribute to the development of territories.”

Antoine Paris, Director of Investment in charge of Energy transition at IDIA Capital Investissement (Crédit Agricole Group) said,“We are delighted to support the Technique Solaire group in this new phase of our partnership initiated by Crédit Agricole de la Touraine et du Poitou and Crédit Agricole Régions Investissement. We share the same desire to accelerate the development of renewable energies to contribute to the energy and agricultural transitions, in line with the Crédit Agricole Group’s societal project”.

About Technique Solaire

The Technique Solaire Group was founded in 2008 in Poitiers, France, by three entrepreneurs dedicated to making a long-term commitment to boost both the energy and the agricultural transitions. Over the last 15 years, this founding team has been leading the Group’s development.

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The Group produces economical renewable energy by deploying solar photovoltaic and biogas infrastructures. It operates more than 450 MWp of photovoltaic energy in various types of installations: new buildings, rooftops, carports, ground-mounted solar installations, etc.