GreenYellow strengthens its presence in Reunion Island with the acquisition of a 3.1 MWp solar portfolio
GreenYellow, a global leader in decentralized energy transition, announces the acquisition of a portfolio of 18 rooftop photovoltaic plants in Reunion Island, representing a total installed capacity of 3.1 MWp in grid injection. This transaction reflects the company’s commitment to strengthening its long-term presence in France’s Overseas Departments and Territories (DOM/TOM) and supporting national energy independence by actively contributing to the production of green, local and decarbonized electricity.
AN ANNUAL ELECTRICITY PRODUCTION OF OVER 4.3 GWh
Thanks to this acquisition, GreenYellow will increase its renewable electricity generation capacity in Reunion Island, with an estimated annual production of over 4.3 GWh — equivalent to the yearly electricity consumption of more than 1,360 residents of the island.
A LONG-TERM PLAYER COMMITTED TO DECARBONIZING CORPORATES & LOCAL AUTHORITIES
Benoît Regnard, General Manager of GreenYellow Austral, states: “This transaction is fully in line with our strategy: to provide long-term support to C&I corporates in their decarbonization journey by reducing their energy dependency while ensuring performance and sustainability. By directly owning and operating our assets, we reaffirm our ambition to be a long-term energy operator rooted in the overseas territories.”
With already more than 750 clients supported in their solarization and 1.1 GWp of installed operational capacity, GreenYellow proves every day that:
- Solar energy is a driver of competitiveness.
- It creates value for both corporates and their clients.
- It accelerates the energy transition on a large scale.
A SUCCESSFUL COLLECTIVE EFFORT
GreenYellow would like to acknowledge the commitment of all its internal teams in making this remarkable transaction a success, warmly thank the seller for the quality of the collaboration and exchanges, the Ravetto Associés law firm for its legal support, as well as Envinergy for its decisive role in facilitating the connection.
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