We define ourselves as an integrated energy company. We intervene in all four stages of an asset’s life-cycle: design and development, financing, building and operating. We are an independent supplier, we own 92% of our plants, and operate them in our own name. With this approach, we guarantee the quality and performance of our assets over time.
The technical, economic, societal and environmental feasibility of each project is determined during the development stage via surveys of potential, soil and the impact on the environment and on biodiversity. The design enables the project to be set up according to the site and the available resources. During this phase, consultations are held with the parties concerned, including residents, communities, local politicians and authorities.
We finance the vast majority of our projects through a combination of equity capital and long-term loans. Our financing policy reflects our desire to involve local financial institutions, wherever possible. We use mostly project financing, establishing a separate company for each project we develop. Our equity has increased steadily, giving us a robust and sustainable financial base and thus a growing investment capability.
As project owner, we are closely involved in supervising the construction of our power plants. We ensure that the criteria are met to enable each of our plants to become a reliable, sustainable and competitive asset. We deal with first-class builders and other suppliers and have extensive recourse to local industrials for the construction work.
As an energy producer, we are particularly attentive to the functioning of our power plants worldwide. They are monitored in real time by our team of specialists and their maintenance is performed by our subcontractors under O&M contracts. In some markets, we also sell electricity ourselves.