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French company Rubis accelerates in renewable energies

2021-12-20T09:54:04.391Z


The group acquires 80% of the photovoltaic producer Photosol for 376 million euros in cash. The competition promised to be tough. Investment funds, such as the American giant Carlyle or EQT, which belongs to the Swedish Wallenberg family, were in the running. The Eiffage construction group also. But it was Petit Poucet who finally won. The French group Rubis has just announced the takeover of the photovoltaic energy producer Photosol France. Created in 2008, it is one of the main indepen


The competition promised to be tough.

Investment funds, such as the American giant Carlyle or EQT, which belongs to the Swedish Wallenberg family, were in the running.

The Eiffage construction group also.

But it was Petit Poucet who finally won.

The French group Rubis has just announced the takeover of the photovoltaic energy producer Photosol France.

Created in 2008, it is one of the main independent renewable energy developers in France, with a production capacity of 313 MW, under construction of 101 MW and projects representing an additional capacity of 3.4 GW.

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Energy: the Rubis group acquires the photovoltaic energy producer Photosol

Rubis will acquire 80% of the capital of the photovoltaic specialist against a cash payment of 376 million euros.

The buyer specifies, in a

press

release, that he

"will benefit from the expertise of the founders and managers of Photosol, who remain committed to the development of the company with a 20% stake"

.

Rubis will also take over the debt of the young company ...

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Source: lefigaro

All business articles on 2021-12-20

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