Velto Renewables has completed the acquisition of Les Îlots Blandin, Europe’s largest floating solar power plant, from Q ENERGY.
The facility is in Perthes, Haute-Marne, France.
Having previously held a 50% stake in the project, Velto Renewables now becomes the sole owner of the plant. The 74.3MWp facility spans over 127 hectares and includes more than 135,000 photovoltaic panels installed on advanced floating structures.
The company stated that the plant is expected to “generate renewable electricity equivalent to the annual consumption of approximately 37,000 people, while avoiding over 18,000 tonnes of CO₂ emissions each year.”
Velto Renewables highlighted the project’s success in converting unused industrial areas, noting that Les Îlots Blandin “illustrates the potential of floating solar technology to convert unused industrial areas into productive renewable assets.”
“By combining innovation, environmental restoration, and regional collaboration, the project strengthens France’s energy transition while supporting sustainable land use,” the company’s statement continued.
Following the acquisition, Velto Renewables will manage the plant’s long-term operation. The company indicated this milestone “marks another step in the company’s expansion in France and reaffirms its commitment to delivering renewable energy solutions that create enduring value for both local communities and the environment.”
Les Îlots Blandin is part of a larger portfolio transfer from Q ENERGY to Velto, following a long-term partnership agreed upon by the two companies last spring, which “already provides a framework for further project sales.”
