Are you still unfamiliar with France's leading producer of renewable energy? Don't panic, we'll tell you all about Neoen!

NEOEN is a public limited company with a Board of Directors, founded 14 years ago by Xavier BARBARO, Chairman and CEO of NEOEN, and Romain DESROUSSEAUX, Deputy CEO. Last year, the company headed by Xavier Barbaro recorded sales of 333 million euros, up 12%, with EBITDA of 300 million. The company has 18 establishments, 5 noteworthy events in the last year, and 21 agents since the beginning of its activity.

French company that develops, finances, builds and operates power plants based on renewable energies. The company operates a number of solar, wind and biomass power plants, and is developing marine renewable energy projects. In addition to France, Neoen is present in many other countries, including Portugal, Australia, Jordan, Zambia, Mozambique, Argentina, Jamaica, Mexico, Egypt and El Salvador. The Group saw its sales grow by 33% in the first half of 2020, reaching 157 million euros despite the health crisis. This growth was driven in particular by a strong increase in the storage business, as well as the commissioning of new wind and solar sites in Australia, Zambia, Jamaica, El Salvador and France.

By the end of 2021, the Group had photovoltaic and wind power facilities with a combined capacity of 5.4 GW in operation and under construction, including 642 MW of energy storage. Of these 4,792 MW, 2,713 MW were photovoltaic facilities and 2,079 MW were wind farms.

Neoen: key information 

  • Sales: 503.2M euros in 2022
  • Valuation estimated at 4,401M euros
  • Capital of 215,043,708 euros
  • 143 employees 
  • 16 countries Multi-local leader
  • Target: ⩾ 10 GW capacity target in 2025

We're talking about them!

Le Figaro.fr : " New phase for Neoen, the French energy nugget

Les Echos.fr : " Renewable energies: Neoen wants to enter the big league

 

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David B - Financial expert

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