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Photovoltaic specialist GreenYellow targets the stock market

2021-05-18T04:14:36.215Z

GreenYellow plans to invest € 1.9 billion over the 2021-2025 period. Renewable energies are all the rage. GreenYellow, the Casino subsidiary specializing in photovoltaics, intends to take advantage of this. On Friday May 14, early in the evening, it issued a press release explaining that it “decided with its shareholders to explore the possibility of an IPO on Euronext Paris ”. GreenYellow is a great success. The company was created in 2007 within the Casino distr



Renewable energies are all the rage.

GreenYellow, the Casino subsidiary specializing in photovoltaics, intends to take advantage of this.

On Friday May 14, early in the evening, it issued a press release explaining that it

“decided with its shareholders to explore the possibility of an IPO on Euronext Paris

”.

GreenYellow is a great success.

The company was created in 2007 within the Casino distribution group to install photovoltaic power plants on the roofs of the group's hypermarkets.

Once installed, they were sold.

The activity quickly spread to energy efficiency and energy services.

The company now wishes to focus on owning and operating the assets developed.

This requires significant financial resources.

GreenYellow plans to invest € 1.9 billion over the 2021-2025 period.

Enough to justify the IPO.

Read also:

Casino relies on e-commerce, data and energy

The operation should be of great importance, even if no indication

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Source: lefigaro

All business articles on 2021-05-18

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