French solar firm secures funding

French solar third-party investor Kourbe has secured 55 million euros in bank financing to build nearly 170 rooftop and canopy photovoltaic power plants, which together will have a capacity of 42.5 MWc. The plants are expected to be completed by the first half of 2027.

Funding comes from key partners

The financing was obtained from historical banking partners, including Arkéa Banque Entreprises et Institutionnels, Bpifrance, and the Caisse d'Epargne Aquitaine Poitou-Charentes. Each of these institutions is involved in a bilateral financing arrangement specifically for this program.

Power plants will generate renewable electricity

These operations will fund the development and construction of nearly 170 rooftop and canopy photovoltaic power plants, with a total capacity of 42.5 MWc. Once completed, the plants are expected to produce 48 gigawatt-hours of renewable electricity annually by the first half of 2027.

Kourbe focuses on solar installations

Created in 2019, Kourbe specializes in grid-connected and self-consumption solar installations. The company provides businesses and local authorities with the opportunity to use unused surfaces on their buildings by installing solar power plants on them.

Kourbe operates as a third-party investor

Kourbe operates as a third-party investor and relies on a network of partner developers to support projects from development to operation. It is affiliated with the Energy division of the Baudelet group and currently has 155 MWc of projects in operation, under construction, or in advanced development with secured pricing.