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Acquisition of a stake of ZE ENERGY by SORÉGIES

Paris (France), 25 November 2021,

SORÉGIES Group is strengthening its strategic partnership with ZE ENERGY by becoming its cornerstone industrial shareholder.

Following the commissioning of the first hybrid solar power plant coupled with storage batteries in October 2020, and the signing of a 20-year Corporate Power Purchase Agreement for 150 GWh p.a., this new step will allow Sorégies to position subsidy-less, monitored and controlled solar energy at the very heart of energy transition.

ZE ENERGY has a portfolio of projects of over 300 MW in solar PV plants and 120 MW in storage capacity. It targets, through deployment in five countries, a total power plant capacity of 800 MW and an operating battery capacity of over 300 MW by 2025, for an expected turnover of €60m.

FDC advised the SORÉGIES Group on this transaction.

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