Solveo Energies Secures €98M from Mirova to Accelerate Renewable Energy Rollout

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- €98M raised to transition Solveo Energies from development to project commissioning, targeting 800 MW by 2030.
- Mirova-led investment validates Solveo’s full value-chain model and regional energy strategy.
- Funding supports €875M in total investments toward France’s carbon neutrality goals.
Solveo Energies, a French independent renewable energy producer, has raised €98 million in a major financing round led by Mirova, a responsible investment affiliate of Natixis Investment Managers. The funding will fast-track the commissioning of renewable projects and support Solveo’s long-term ambition of deploying 800 MW in installed capacity by 2030.
“We are very proud to welcome Mirova into our entrepreneurial adventure,” said Jean-Marc Mateos, President of Solveo Energies. “This transaction strengthens our model as an independent and territorially anchored player. Thanks to this long-term strategic partnership, we have the means to accelerate our development, solidify our portfolio, and remain true to our convictions: producing sustainable, local energy that respects the regions.”

Founded in 2008, Solveo Energies has differentiated itself with a vertically integrated model, managing development, financing, construction, and operation in-house. This structure, combined with strong regional partnerships and a focus on solar (ground and rooftop), wind, and agrivoltaics, positions it uniquely within France’s renewable sector.
“We made the choice from the outset to internalize all key skills to control the entire value chain,” added Alexandre Paganel, Deputy Managing Director of Finance at Solveo Energies. “This is what allows us today to deploy our projects in an agile, responsible manner, consistent with the needs of the regions and allowing a concrete sharing of the value generated.”
The investment from Mirova Energy Transition 6 (MET6) fund follows Solveo’s successful early projects and a landmark Corporate PPA with SNCF, reinforcing its capability to deliver bankable, climate-aligned energy solutions.
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“Our partnership with Solveo Energies demonstrates our deep conviction in their potential,” said Raphaël Lance, Director of Energy Transition funds at Mirova. “Their local roots, ability to lead innovative projects, and responsible approach fit perfectly with our investment strategy.”

Jocelyn Dioux, Investment Director at Mirova, noted: “We were particularly convinced by the quality of the teams, the relevance of the asset portfolio, the rigor of the processes, and the clear strategic vision of the company.”
The round was supported by Natixis Partners (M&A), Jeantet (legal), Syneria (technical), KPMG (financial), and De Gaulle Fleurance (legal/tax) on Solveo’s side, while Mirova was advised by Gottengreen, White & Case, and PwC.
This strategic capital infusion positions Solveo to play a leading role in France’s decarbonization efforts, while delivering scalable, regionally aligned energy infrastructure.
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