Infranity acquires a stake in the Groupe IEL, a producer of wind and photovoltaic energy in Western France.

Infranity, a major investor in renewable energies in Europe, announces the signing of a partnership with equity participation in Groupe IEL, Initiatives et Energies Locales, specialized in wind and solar photovoltaics’ assets. Infranity is delighted to be able to actively participate in the growth of the group and in the financing of the deployment of its portfolio of renewable energy generation assets.

This investment reinforces Infranity’s role in financing the energy transition in Europe, a major infrastructure segment in which the company has been very active in since its inception.

Founded in 2004, the IEL group is the leading producer of renewable energies in Western France. It designs, builds, finances, and operates ground-mounted wind and solar farms and is also involved in the turnkey installation of rooftop solar power plants. Since its creation, IEL has adopted a resolutely local development strategy in particular by proposing the association of communities and territories to their projects, which has guaranteed the success of these. The Group currently has a portfolio of 200 MW in operation and construction and a portfolio of projects under development of approximately 1.2 GW.

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