Thanks to this acquisition, GreenYellow will increase its renewable electricity generation capacity in Reunion Island, with an estimated annual production of over 4.3 GWh — equivalent to the yearly electricity consumption of more than 1,360 residents of the island.
A LONG-TERM PLAYER COMMITTED TO DECARBONIZING CORPORATES & LOCAL AUTHORITIES
Benoît Regnard, General Manager of GreenYellow Austral, states: “This transaction is fully in line with our strategy: to provide long-term support to C&I corporates in their decarbonization journey by reducing their energy dependency while ensuring performance and sustainability. By directly owning and operating our assets, we reaffirm our ambition to be a long-term energy operator rooted in the overseas territories.”
With already more than 750 clients supported in their solarization and 1.1 GWp of installed operational capacity, GreenYellow proves every day that:
- Solar energy is a driver of competitiveness.
- It creates value for both corporates and their clients.
- It accelerates the energy transition on a large scale.
A SUCCESSFUL COLLECTIVE EFFORT
GreenYellow would like to acknowledge the commitment of all its internal teams in making this remarkable transaction a success, warmly thank the seller for the quality of the collaboration and exchanges, the Ravetto Associés law firm for its legal support, as well as Envinergy for its decisive role in facilitating the connection.
