130 million to build France’s second largest ground-based photovoltaic installation!
Financed by Caisse d’Epargne CEPAC, Bpifrance as Mandated Arrangers and Caisse d’Epargne Hauts de France, Co-Arranger, this project allows the redevelopment of the former Creil airbase in Oise, decommissioned since 2016
“Caisse d’Epargne CEPAC is proud to support Rubis Photosol, the historic leader in ground-mounted photovoltaics in France, on this iconic project which will transform a decommissioned land site into a large-scale green energy production facility, generating jobs. This operation demonstrates Caisse d’Epargne CEPAC’s ability to support its clients over the long term, serving the energy transition.” Jérémy ESTRADER, Deputy CEO of Caisse d’Epargne CEPAC
- Direct contribution to the objectives of the Multi-Year Energy Program (PPE) and the development of solar energy in Hauts-de-France
- 190 GWh of annual production, equivalent to the electricity consumption of 38,300 households (approximately 85,000 inhabitants)
- 100 hectares dedicated to the preservation of local biodiversity on 250 hectares of the site
“We are delighted to continue supporting the Rubis Photosol Group, which has become one of the leading producers of solar energy in France in recent years, and we commend the work and commitment of the Group as well as our banking partners who helped move this ambitious project forward. Bpifrance, the Climate Bank, is pleased to contribute to the financing of this large-scale photovoltaic installation, which is fully aligned with our Climate Plan, designed to accelerate the transition of companies, ensure the growth of solution providers, and support energy production.” Jérôme Bouquet, Director of the Île-de-France and Overseas Network at Bpifrance
“We are thrilled to close 2024 with this major financing, which is essential to contribute to the energy transition in Hauts-de-France. With the support of our banking partners, their advice, and the support of our teams, this financing confirms the urgency of accelerating the production of sustainable and competitive electricity. This operation highlights our ability to mobilize investors due to the quality of our assets and our ambition to shape a sustainable energy future.” Guillaume Thrierr, Director of Financing and Investments at RUBIS Photosol