ABO Energy, a renewable energy project developer, completed the sale of three solar projects with a combined capacity of 85 MWp located in France. The income and cash inflows from the three projects will be spread across the fiscal years 2024 to 2027. The companies have agreed not to disclose the purchase prices.
Of the portfolio, two projects, 26.25 MWp Presnoy and 14.96 MWp Nargis projects, were sold on a turnkey basis to Tenergie, a France-based independent power producer. Both projects are located in the Loiret region, with commercial operation expected in 2026. This marks the third transaction between ABO Energy and Tenergie within the past three years.
The third project, 43.68 MWp Bonny-sur-Loire solar, also located in Loiret, is acquired by the French company CVE. It is scheduled for commissioning in 2029.
All three projects were awarded a contract for difference by the French government via a tendering process.
“ABO Energy has always focused on long-term partnerships, and these sales mark another milestone in our successful development of solar energy in France. We are happy to work with our trusted partners towards our common goal of an eco-friendly energy supply with a steadily growing share of renewables,” says Dr Thomas Treiling, Managing Director at ABO Energy.
Currently, ABO Energy has a solar pipeline comprising ten projects with over 190 MWp that already have a permit and are cleared of all appeals. The company entered the French solar market in 2017 and commissioned its first solar project, Rouillac, in Nouvelle-Aquitaine in 2022.
Previously, in 2025, ABO Energy closed a syndicated loan agreement for €240 million (~$280 million) with the participation of seven banks. As per the agreement, the financing volume is divided equally between traditional loans, revolving working capital facilities, and guarantee lines.
In 2025, approximately 37.4 GW of solar projects were acquired compared to 37.7 GW the previous year, according to Mercom’s recently released Annual and Q4 2025 Solar Funding and M&A report.
