Romande Energie is getting involved in French wind farms
Romande Energie invests in renewable energies in France. The Valais energy supplier has acquired large stakes in 15 wind farms there. A total of 14 of them are still in the development stage.
Romande Energie France and the wind farm developer Calycé Développement have entered into a development partnership, according to a press release from the Valais energy supplier. Romande Energie is thus adding 15 wind farms to its portfolio for renewable energies in France. She takes high stakes in them. Most are still in the planning phase.
The contract between the two companies provides for Romande Energie to acquire a 50 percent stake in six early-stage projects. She becomes the one hundred percent owner of seven late-stage projects. She takes on 80 percent of a secured project. Calycé Développement will manage all projects until they are ready for construction. Romande Energie buys 100 percent of a wind farm that is already in operation.
Since 2013 the Romande Energie Group has acquired a number of hydro, solar and wind power plants in France. This added to its hydropower portfolio in western Switzerland. According to the company, these investments served to diversify both their locations and their energy sources. The transaction will be completed in the coming weeks.