Neoen

Neoen is a leading French independent power producer specializing in renewable energy. The company develops, finances, builds, and operates power plants that generate electricity from solar, wind, biomass, and other renewable sources. Neoen has a global footprint, with operations spanning across 12 countries, including France, Portugal, Australia, Mexico, and Egypt.

Neoen's business model involves acquiring sites, obtaining necessary permits, constructing the renewable energy facilities, and then operating them to generate clean electricity. The company focuses on repurposing former industrial sites, such as quarries, landfills, and fallow farmland, to develop its projects. This approach not only provides new opportunities for farming but also contributes to environmental conservation efforts.

As of March 2022, Neoen had secured 661.4 megawatts (MW) of photovoltaic (PV) projects through various government tenders in France over the past five years. The company aims to achieve a capacity in operation and under construction exceeding five gigawatts (GW) by 2021.

In October 2018, Neoen successfully completed an initial public offering (IPO) on the Euronext Paris stock exchange, marking the largest capital raise on the exchange in the previous 16 months.