Financing agreed for two photovoltaic parks in France

BPCE Energeco and VALOREM sign a €10 million financing agreement for two photovoltaic park projects

Located in the Tarn-et-Garonne and Haute-Garonne départements, these two projects will boast nearly 28,570 photovoltaic panels capable of producing approximately 14,100MWh of electricity per year*, equivalent to the annual consumption of more than 2,032 people** living in France.
This partnership between the VALOREM Group and BPCE Energeco illustrates Groupe BPCE’s desire to support investments aimed at promoting the ecological transition.

* Forecast output based on research findings
** Source: World Bank 2014