3 companies for a comprehensive offer
First independent photovoltaic energy producer in France, the Photosol group is present throughout the implementation of each project: development, funding, supervision of PV plant construction and operation. All the necessary skills are provided at each stage by the three companies that make up the Photosol group.
Photosol Développement
Vocation
Develop and acquire projects
Secure contracts for construction and procurement of equipment
Provide support and supervision at all stages of plant construction
Objectives
Secure long-term contracts
Control construction costs
Ensure quality building
Prepare the power stations to be operational for over 20 years
Figures - End 2017
250 MWp total capacity of operational power stations
Projects totalling 300 MWp in capacity currently under development in France
Photosol Invest 1 & 2
Vocation
Design low-risk financial products for investors and, underlying this, build and operate PV power stations (with electricity resale prices secured by contract for 20 years)
Obtain non-recourse bank loans from major banking establishments to fund plant construction
Objectives
Control the cost of equity
Provide investors with a return on investment corresponding to our initial commitments
Negotiate bank loans with attractive rates
Figures - End 2017
Over 53 M€ funding collected since 2009
Over 1,200 investors
410 M€ project funding completed (non-recourse bank loans), including 195 M€ refinancing in 2016 and 2017
Photom Services
Vocation
Operation, supervision and technical maintenance of PV power stations
Management of spare-part storage
Control and follow-up of constructor and equipment guarantees
Objectives
Control and improve plant performance
Reduce operational costs by securing economies of scale for all the plants of the group
Figures - End 2017
Over 400 stakeholders and 15 M€ own funds
At full term, Photom Services will be managing plants with a total capacity of 250 MWp
Complementary of Skills
Founded in 2008, the Photosol group combines all the fundamental skills required for the development of solar farms with its three companies and their partners:
Experience
Experimented in the successful development and operation of photovoltaic power stations in France and internationally.
Technique
In collaboration with our partners (design offices, architects, suppliers…), we have been applying our technical and technological expertise to projects, both operational and under development, since 2008.
Finances, laws and tax systems
Full control of financial, legal and tax engineering, for an enhanced implementation and operation of PV power stations benefiting all involved.
Urbanism and development
An in-depth knowledge of development and urban regulations acquired during real-estate operations and the development of utility-scale PV projects
Partnerships
An extended network of public and private professional partners, built over several years and constantly growing.
Entrepreneurship
A powerful entrepreneurial culture coupled with academic training in advanced-level engineering and business schools.
The Photosol Team
Photosol partners have varied backgrounds and, together, they total over 40 years of experience in the field of renewable energy and over 15 years in financial and real estate investments.
The founders
The operations team
Benoît Farines
Vice President
ESC-Rouen Business School, Advanced Masters degree in International Finance
Antoine Dubos
In charge of relations with local authorities
Advanced postgraduate degree (French DESS) in Urbanism and city management at the Paris XII Institute for Urbanism in Créteil
Virginie Petit
Administrative and finance manager
TEM advanced business school (France), finance section, chartered accountant
Thomas Aubagnac
Business Development Manager
Advanced level University degree in management, Paris-Dauphine University
Rami Daghrir
In charge of operations and maintenance
Montpellier Polytech – Energetics, renewable energies