We are delighted to announce we have received a binding offer for our stake in VALOREM, the leading independent European renewable energy developer and power producer, from funds managed by AIP Management P/S and other co-investors. Since our initial investment in 2016, Valorem has expanded its focus from French onshore wind generation to include solar and hydro generation across France, Finland, Greece and Poland. Valorem’s operational asset base has grown to over 850MW, a more than five-fold increase. Its development pipeline has expanded to 6.6GW and its EBITDA has more than quadrupled. Find out more here: https://lnkd.in/eU-n9fBp
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CEO - President | Renewable Energy Expert
2moWell done Stephane. Grandguillaume and congrats to 3i Group plc for the contribution to VALOREM's growth. With AIP starting its position early next year, I look forward to seeing how this next chapter unfolds.