Q ENERGY Secures €50M for Europe’s Largest Floating Solar

Q ENERGY has successfully closed a €50.4 million debt financing deal to support its Les Ilots Blandin floating solar power plant, set to become the largest of its kind in Europe. The financing was arranged by Crédit Agricole Transitions & Energies and Bpifrance.

The 74.3 MW floating solar facility, currently under construction, will cover 127 hectares of former gravel pits in Haute-Marne, France. It will consist of 134,649 solar modules and supply clean electricity to around 37,000 people. The project is expected to avoid 18,000 tonnes of CO2 emissions annually, with pre-commissioning scheduled for early 2025.

Ludovic Ferrer, Commercial Director of Q ENERGY France, praised the financial partners, emphasizing the project's role in advancing clean power generation. Pascale Courcelle, Head of Real Estate, Energy and Environment Financing at Bpifrance, highlighted the importance of the project for future energy transition efforts.

Source: qenergy.eu