About us

Neoen is one of the world’s leading independent producers of exclusively renewable energy.
The geographical and technological diversity of our assets and project portfolio underpins our development and performance.

Key figures

Our “develop to own” business model is unique. We own nearly 93% of our plants, and operate them in our own name in the long term. As a multi-local leader, we operate in 15 countries on several continents.
We have a track record of landmark projects: France’s largest solar power plant in Cestas (300 MWp), Australia’s largest solar power plant in the Western Downs region (460 MWC), Finland’s largest onshore wind farm in Mutkalampi (404 MW), the world’s first big battery (150 MW / 193,5 MWh) in Hornsdale, Australia and one of the world’s most competitive solar power plant at El Llano (Mexico, 375 MWp).

€524.4 M
Full-year revenue
in 2023

Neoen’s energy sales in 2023. Our revenue has been multiplied by 2.5 since 2018.

8.4 GW
In operation and under construction

Total capacity in operation or in construction at end of June 2024.

15 countries
International
player

We are one of the world’s leading  producers of exclusively renewable energy.

10 GW
Target for 2025

We are aiming for 10 GW in operation or in construction in the course of 2025.

What we believe

Our company values form the basis of all our relations with business partners, customers and end-users. Our 439 strong workforce embraces more than 48 different nationalities and the values we share underpin our corporate identity and are borne out in the way we conduct our day-to-day business.

Audacity

We believe we are on our way on becoming a world leader in renewable energy. We have the audacity to operate globally, imagining, designing and implementing competitive, effective energy solutions.

Integrity

We operate with integrity, whatever we do, whenever and wherever we do it. We work with partners who abide by the same rules. Our ethical approach is an asset in our worldwide operations.

Commitment

We uphold all our commitments, internal and external. We believe in hard work and take pleasure in seeing a good job well done.

Esprit de corps

We are loyal to each other and form a close-knit team. We are proud of our company and our goals, and we celebrate our accomplishments.

Our story

Founded in 2008, Neoen emerged as one of the key players in renewable energy on the world stage. Neoen operates on several continents.

Australia: Construction of Collie Battery (219 MW / 877 MWh), Neoen’s first long duration battery – meaning higher value services and improved market penetration of renewable energy.

A successful €750 M capital increase, allowing us to intensify our investments in storage facilities, and enabling a 50% increase of our installed capacity!

1 GW in operation or under construction, with the launch of construction on Western Downs Battery (200 MW / 400 MWh) and Blyth Battery (200 MW / 400 MWh) in Australia and Storen Power Reserve (40 MW / 40 MWh) in Sweden

New PPAs signed in Finland (Equinix – 102 MW), Sweden (H&M – 90 MWp and Coveris – 34 MW), France (TDF – 62 MWp), Australia (Stanwell – 215 MW, AGL Energy – 70 MW / 140 MWh, BHP – 70 MW, Flow Power – 40 MW)

2022 Canada – a new country for Neoen with the construction of the Fox Coulee solar farm (93 MWp)

2022 Neoen’s first baseload PPA, underpinned by the 412 MW Goyder windfarm, Blyth Battery and our energy management expertise

Construction begins of Finland’s largest wind farm, Mutkamlapi, Kaban Power Hub (157 MW) and Goyder South Stage 1 (412 MW) in Australia

Construction begins on the Victorian Big Battery (300 MW / 450 MWh), one of the largest lithium-ion storage facilities in the world

1 GW of assets in operation or under construction in France and 2 GW in Australia

Commissioning of the Yllikkälä Power Reserve (30 MW / 30 MWh), Scandinavia’s largest lithium-ion storage facility

Financial close for the Western Downs solar park in Australia (460 MWp), the largest in the country

Expansion of the Hornsdale Power Reserve, taking its capacity to 150 MW / 193.5 MWh

Power purchase agreement signed with Google in Finland

Financial close for the El Llano project, a 375 MWp solar plant in the Mexican state of Aguascalientes

Successful IPO on the Paris Stock Exchange

Construction begins on Paradise Park (51 MWp), the largest solar farm in Jamaica

Commissioning of the Hornsdale Power Reserve in Australia, the world’s largest lithium-ion storage facility at the time (100 MW / 129 MWh)

Construction begins on the Bangweulu solar plant in Zambia (54 MWp)

1 GW of assets in operation or under construction

Commissioning of the Providencia solar plant in El Salvador (101 MWp), the largest solar power plant in Central America at the time

Construction begins on the Hornsdale Wind Farm in Australia (316 MW)

Commissioning of the Cestas solar farm in France (300 MWp), Europe’s most powerful solar farm at the time

Commissioning of three solar plants in Portugal

First solar plant in France

Foundation

Management

Governance

Neoen is governed by a Board of Directors with seven members, three of whom are independent, three are women, plus a censor. Neoen has a Governance and CSR Committee and an Audit Committee, both of which have three members, of whom two on each committee are independent.
Neoen’s governance framework complies with the relevant AFEP-MEDEF recommendations. Neoen’s Board of Directors is refreshed by rotation, and so only a portion of the Board of Directors’ members stand for re-election each year. An Annual General Meeting decision set the term of office at four years.

Board of directors