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Announced

Albioma acquired Eneco France.

Synopsis

Albioma, the leader in the solar power market in Overseas France, acquired Eneco France, which builds and operates photovoltaic power plants on rooftops and agricultural buildings. Financial terms were not disclosed. Frédéric Moyne, Albioma's Chief Executive Officer, notes: "Eneco France and Albioma are recognised players in solar power development, playing an active role in the energy transition to which France has committed. The specialist skills of Eneco France's expert personnel in southern France will enable Albioma to strengthen its position in the region. We are very proud to welcome Eneco France's staff on board. This strategic deal underscores the importance given to solar power in Albioma's energy mix."

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