Q Energy France has secured €109m in long-term debt financing to support the development of four renewable energy projects with a combined capacity of 55MW.
Finalised in December 2024, the funding package was arranged and syndicated by BPCE Energeco and will be used for the construction of two wind farms and two solar plants.
“This financing demonstrates our ability to mobilise banking partners, who have once again placed their trust in Q Energy’s experienced teams and the quality of our projects,” said Sébastien Rondel, head of equity and project finance at Q Energy France.
Grégory Faillenet, managing director at BPCE Energeco, said the deal reflects the lender’s ability to support large-scale, multi-technology energy transition projects.
Velto Renewables acquired the assets in March 2025, with Q Energy retaining responsibilities as EPC contractor and asset manager.
At the time of the transaction, Lucas de Haro, CEO of Velto, stated: “This investment, in partnership with Q Energy, marks a significant step forward in Velto’s strategic growth.
“In addition to tripling our energy capacity, the development aligns with our vision to diversify our technological scope and expand our geographical footprint across Europe.”
The deal forms part of a broader funding effort by Q Energy, which secured €159m in non-recourse project finance throughout 2024.
This includes €50m raised for the commissioning of Europe’s largest floating solar installation in April.
Looking ahead, Q Energy aims to sustain this level of financial activity in 2025, with a substantial pipeline currently under development.
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