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EDF, Cero Generation acquire French agroPV developer with 2.4GW solar portfolio


EDF, Cero Generation acquire French agroPV developer with 2.4GW solar portfolio
An agrophotovoltaic project from solar developer European Energy in Denmark. Image: European Energy.
EDF Renewables has partnered with a new portfolio company of Macquarie’s Green Investment Group to acquire a French agrophotovoltaic developer with a 2.4GW solar portfolio.
The deal will see EDF Renewables and Cero Generation each buy a 45% equity stake in Green Lighthouse Development (GLHD), with the remaining 10% owned by the company’s founders.
GLHD’s agroPV projects colocate agricultural activity with solar energy production, a solution that the company expects to be increasingly important in France, as the country aims to reach up to 44GW of installed PV by 2028. ....

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