The Hornsdale Power Reserve in Australia (150 MW / 193.5 MWh) becomes the world’s first big battery to provide grid-scale inertia services
Key figures
Our “develop to own” business model is unique. We own nearly 92% of our plants, and operate them in our own name in the long term. As a multi-local leader, we operate in 16 countries on several continents.
We have a track record of landmark projects: France’s largest solar power plant in Cestas (300 MWp), 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).
€333.6
M
Full-year revenue
in 2021
in 2021
Neoen’s energy sales in 2021 were up by 12% compared to 2020. This growth is entirely organic.
5.6
GW
In operation and under construction
Total capacity in operation or under construction at end of June 2022.
16
countries
International
player
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 and under construction by 2025.
What we believe
Our company values form the basis of all our relations with business partners, customers and end- users. Our 350-strong workforce embraces more than 36 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 can become 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, our goals and our accomplishments.
Our story
Founded in 2008, Neoen emerged as one of the key players in renewable energy on the world stage. In 2022, Neoen operates in 16 countries on several continents.
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 Nominations and Remuneration 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
Xavier Barbaro is the Company’s Chairman and Chief Executive Officer. He started his career at Louis Dreyfus Communications (Neuf Cegetel) in Geneva in 2001, before joining Louis Dreyfus Commodities in Geneva as assistant to the Managing Director, where he was in charge of the business plan and carried out several projects in Asia. He then joined Direct Energie in 2007 as Director of development before founding Neoen in 2008. Xavier Barbaro graduated from École Polytechnique and École Nationale des Ponts et Chaussées and holds an MBA from Harvard Business School.
Stéphanie Levan began her career at Ernst & Young, where she carried out audit and consulting assignments during five years at various listed French and international companies. She then joined the Plastic Omnium group, an automobile equipment manufacturer and specialist in the collection and management of urban waste, as group consolidation director and then internal audit director. In September 2004, she joined the Louis Dreyfus group as group consolidation director and, at the time of a spin-off, became the Chief Financial Officer of the Impala SAS group (formerly Louis Dreyfus SAS). Her role in the consolidation department of the Louis Dreyfus group and then of the Impala SAS group has given her a thorough understanding of the Group since the creation of the Company in 2008. Stéphanie Levan graduated from EDHEC and is a certified public accountant.
Simon Veyrat graduated from École des Hautes Études Commerciales de Paris (HEC Paris), where he studied management and business law. He also studied and business and tax law at université Sorbonne Paris 1, and is a qualified attorney (holding a Certificat d’Aptitude à la Profession d’Avocat (CAPA). Simon Veyrat has also held a variety of roles at commercial law firms in the context of his studies.
Vanessa began her career in international banking in 1996, at the Société Générale in Germany and Crédit Agricole Indosuez worldwide before turning to strategic consultancy with Arthur D. Little in 2001, in the fields of Telecom/Internet/Media/Electronics, Pharma, and Oil and Gas. She joined the private equity division of the Caisse des Dépôts in 2004 and took up a her first position at Bpifrance in 2013. She is currently Director of Strategy in the Capital Development division and Director of Wood and Eco-Materials Funds. She manages four investment funds totalling €165M of AUM in the wood, furniture, bio-sourced materials and rail sectors. Vanessa graduated from the HEC business school, holds a certificate in business administration from the Institut Français des Administrateurs and is Chevalier de l’Ordre du Mérite Agricole (French order of merit).
Christophe Gégout began his career in 2001 at the French Treasury and by 2003 worked at the Budget Department, where he was a consultant for the government. In 2007, he became an advisor to the Minister of Finance. He joined the French Alternative Energies and Atomic Energy Commission (CEA) in April 2009 as Chief Financial Officer, and became Deputy Managing Director in September 2015. He became Chairman of CEA Investissement, a subsidiary of CEA in January 2010. In 2018, he became the new President of the Alliance Nationale de Coordination de la Recherché pour l’Énergie (Ancre). He is now Senior Investment Director at Meridiam, one of the world’s leaders in investment and asset management in public infrastructures at the service of the community. Christophe Gégout graduated from École Polytechnique, Sciences-Po Paris and ENSAE (École Nationale de la Statistique et de l’Administration Économique).
Helen Lee Bouygues began her career in 1995 with JP Morgan as an M&A associate in New York and Hong Kong. In 1997, she was appointed Development Director of Pathnet, a telecommunications services provider based in Washington, DC, and then in 2000 joined Cogent Communications where she worked as Treasurer, Chief Operating Officer and Chief Financial Officer until 2004. Helen Lee Bouygues was subsequently appointed partner at Alvarez & Marsal in Paris, which she left in 2010 to create her own consulting firm. In 2014, she joined McKinsey & Company, where she became a partner in charge of the Recovery and Transformation Services department. Since February 2018, she has been President of LB Associés, a consulting firm. Helen Lee Bouygues holds a Bachelor of Arts in political science, magna cum laude, from Princeton University and an MBA from Harvard Business School.
Bertrand Dumazy began his career in 1994 as a consultant with Bain & Company, first in Paris and later in Los Angeles. He then worked as an Investment Director of BC Partners in 1999 before founding Constructeo. In 2002, he joined the Neopost group. Initially head of Marketing and Strategy, he was appointed Chairman and Chief Executive Officer (CEO) of Neopost France in 2005 and then Chief Financial Officer for the Neopost group in 2008. In 2011, he became President and CEO of Deutsch, a world leader in high performance connectors, a position he held until the Group was acquired by TE Connectivity. In 2012, he joined Materis Group as Executive Vice-President and then CEO and eventually President and CEO of Cromology. In October 2015, he was appointed Chairman and CEO of Edenred group. He also became Chairman of the Supervisory Board of UTA in November 2015. Bertrand Dumazy is a graduate of ESCP Europe with an MBA from Harvard Business School.
Jacques Veyrat began his career in 1989 at the Industrial Restructuring Interdepartmental Committee (treasury department), where he was rapporteur until 1991. From 1991 to 1993, he was deputy secretary general of the Paris Club, and subsequently became a technical advisor to the Ministry of Transportation Equipment, Tourism and the Sea as of 1993. In 1995, he joined the Louis Dreyfus group as Managing Director of Louis Dreyfus Armateurs until 1998, before becoming Chairman and CEO of Louis Dreyfus Communications (Neuf Cegetel) from1998 to 2008 and Chairman and CEO of the Louis Dreyfus group until 2011. Since 2011, he has been President of Impala SAS. Jacques Veyrat graduated from the École Polytechnique and Collège des Ingénieurs, and is an engineer of the Corps des Ponts et Chaussées.