Neoen (ISIN: FR0011675362, Ticker: NEOEN), one of the world’s leading and fastest-growing producers of exclusively renewable energy is announcing that it has been awarded 66 MWp in the call for tenders for ground-based solar farms held by the French government (“CRE 4.7”). This capacity is spread across six projects, from 3 to 28 MWp. The projects are owned by Neoen, in line with its develop-to-own business model, and two of them will have their capital open to crowdfunding.

The six successful projects are located in the French départements of Charente-Maritime, Dordogne, Gard, Indre, Landes and Maine-et-Loire. They demonstrate Neoen’s ability to develop projects throughout different regions of France. The commissioning of the assets will take place between the end of 2021 and the beginning of 2022.

A majority of them (four out of six) will contribute to the rehabilitation of degraded sites. This illustrates Neoen’s willingness to develop its projects primarily on wasteland or degraded land.

Xavier Barbaro, Neoen’s Chairman and Chief Executive Officer, commented: “With its success in this latest call for tenders, Neoen has once again consolidated its position as the leading independent solar player in France. Since 2017, we have been awarded nearly 350 MWp in solar projects in governmental calls for tenders. With a success rate of 97% of projects submitted, we demonstrate our ability to carry out projects in close collaboration with local players, elected officials and owners, who play a major role in their realization. This new success expands our portfolio of already secured projects. Neoen will continue with the same enthusiasm and rigor to develop new projects in France in years to come.”