Helexia Secures €50 Million Financing for New European Solar Installations
Helexia, the French multinational firm specializing in energy transition solutions and a subsidiary of Voltalia, has obtained €50 million in new financing. The funds are designated for the development and installation of 240 new photovoltaic projects across five European countries: France, Italy, Belgium, Spain, and Portugal. This investment signals a significant push towards decentralized solar energy production, a key component of the continent's green transition.
The financing was provided by two of Helexia's long-standing banking partners, La Banque Postale and Bpifrance, demonstrating their continued confidence in the company's growth strategy and business model. Helexia's CEO, Benjamin Simonis, described the deal as “an important milestone in our growth trajectory, which demonstrates the robustness of the model we have been implementing, and the commitment of our partners who are at our side to accelerate the energy transition in Europe.”
A portion of this new investment is allocated to the Portuguese market, where Helexia will develop 11 new solar projects. These installations will have a combined capacity of seven megawatts (MW), further strengthening the company's presence in the country. Luís Pinho, the General Manager of Helexia Portugal, commented that the investment reinforces their strategic position in a market showing a “very positive pace” of growth. “We expect to surpass the 100 MWp mark in the very near future,” he added, highlighting the company's ambitious goals for Portugal.
This new portfolio of projects will add to Helexia's already substantial operational assets. Globally, the company currently operates over 450 MW of solar capacity across a portfolio of two thousand projects. These installations have collectively produced more than 1,310 gigawatt-hours (GWh) of clean energy, resulting in an estimated avoidance of 356,000 tons of CO₂ emissions. In Portugal alone, Helexia has 107 self-consumption projects in operation, which account for a total installed capacity of 71.17 megawatts-peak (MWp) and have generated over 150 GWh of clean energy to date.
The development of these new projects aligns with the increasing demand for sustainable building practices and green energy solutions in the real estate sector. By providing decentralized power generation, these photovoltaic installations help commercial and industrial property owners reduce their carbon footprint, lower operational costs, and meet increasingly stringent environmental regulations. The projects are a direct contribution to the sustainability goals of Helexia's clients and the countries in which it operates.
The successful financing operation was supported by a team of expert consultants, including Finergreen as financial advisor, Linklaters for legal counsel, kiloWattsol for technical advisory, Ester Finance for interest rate consulting, and Marsh for insurance advisory. This collaborative effort ensures a solid foundation for the deployment of the 240 projects across Europe, furthering the transition to a more sustainable energy model.
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