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Photosol Group

Photosol is an independent photovoltaic energy company, created in 2008, gathering all core expertise in the photovoltaic market. It handles the phases of development, investment and operation for every photovoltaic plant of the Group.

Key indicators:

92 MWp in operation

51 MWp under construction

300 MWp under development

 

The Photosol Group is made up of 3 leading companies:

 

Photosol SAS / project development and construction supervision

Photosol SAS is a French developer that deals with more than 300 MWp of new projects under development. Since its creation, Photosol has specialized in ground-mounted solar power plants and also rooftop photovoltaic power projects.

Photosol SAS is also specialized in purchasing fully authorized PV projects, and ordering the construction of these projects. Many PV Plants were bought, each being commissioned or going through construction.



Photosol Invest / plant financing

Since 2009, Photosol Invest raised around 30M€ of equity and bonds with private investors, and 135M€ of banking debt, each invested in the construction of Photosol Group PV plants before the end of 2015.



Photom Services / operation & maintenance

Since 2013, Photosol Group have decided to insource O&M services. With the extension of the commissioned portfolio of the Group, Photom Services was created in this aim. Specialized in the solar O&M services, the Photom Service team ensure the monitoring, supervision and the continuous efficiency of the Photosol group PV installations.



The association of Photosol SAS, Photosol Invest and Photom Services makes Photosol Group as an IPP leader in the French Photovoltaic market. In 2013, Photosol group enjoys a market share of 18% of the photovoltaic utility scale PV plants installed in France. In 2013 9% of all photovoltaics modules installed in France were set up by Photosol Group.

CompanyRoleKey pointTrackrecord

Photosol SAS

Development

Develop and acquire “ready to build” projects

Negotiate EPC / supply

Assist the constructor during construction phase

Lock long term contracts

Monitor the construction cost

300 MWp Pipeline

139 MWp in operation the end of 2015

Photosol Invest

Investment

Design low risk securities for equity partners

Negotiate non-recourse debt at project level

Monitoring the cost of equity

Optimize the leverage

30M€ capital raisings

135M€ non-recourse debt

Photom Services

Operation & maintenance

Operate & maintain power plants

Manage the spare parts

Handle the constructor warranty

Monitoring the power plants

Improve plants performance

Cost reduction / optimization through economies of scale

88 MWp in operation at August ‘15

Q1 2016 will operate 139 MWp