Octopus Renewables to Sell Stakes in Solar and Wind Projects

JP Energie Environnement (JPee), a French independent renewable energy producer, secured a €430 million (~$496 million) refinancing for its solar and wind projects. Bpifrance, CIC, Société Générale, and Crédit Agricole Transitions & Energies, alongside the banks of the Crédit Agricole Group, arranged and financed the transaction.

The refinancing covers 25 solar projects and 19 wind projects (including one under construction), with a total capacity of 427 MW.

Linklaters and Astris Finance acted as the legal and financial advisors, respectively, for JP Energie Environnement on the transaction. De Pardieu Brocas Maffei acted as the lenders’ legal advisor.

Xavier Nass, CEO of JP Energie Environnement, “”This refinancing demonstrates the confidence of our partners and the resilience of our business model. It provides us with the resources to accelerate our contribution to the energy transition while paving the way for new ambitions: diversification, international expansion, and external growth.”

Gabriel ORIO, Director Financement des Transitions service, Crédit Agricole Transitions et Energies, “This large-scale refinancing demonstrates our confidence in JPee’s development strategy, a long-standing partner of the Crédit Agricole group, and our commitment to sustainably support the players who are accelerating the energy transition in France and in the regions. By supporting 427 MW of wind and solar projects, we are concretely contributing to strengthening the country’s energy independence and building a solid renewable energy mix for the decades to come.”

The company operates 622 MW of installed capacity comprising 70 solar and 18 wind projects, with 288 MW under construction or ready to build and a development pipeline of more than 2.5 GW.

According to Mercom’s 9M and Q3 2025 Solar Funding and M&A report, large-scale project funding increased by 43% in the first nine months of 2025 compared with the same period in 2024.

In November 2025, CrossBoundary Energy, a renewable energy developer, secured $200 million of additional senior debt, closing a second tranche of a portfolio financing facility arranged by the Standard Bank of South Africa Limited (SBSA), which was first closed in December 2024.


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