Valorem
Established: 1994
Country: France
Region: Gironde
Investors: 3i Infrastructure plc
Valorem is a leading independent renewable energy development and operating company. It has expertise in the entire chain of project development and electricity production: solar photovoltaic, hydroelectricity, onshore and offshore wind power, battery storage and green hydrogen. VALOREM is present in France, Finland, Greece, Poland, Sweden and Romania and is one of the largest onshore wind developers in France, having developed over 1.5GW of capacity over the last 15 years.
4x
EBITDA since initial investment in 2016
5x
increase of operational asset base, to over 850MW
6.6GW
development pipeline
Key achievements
Valorem’s business model was transformed from an asset developer to one of the leading independent renewable power producers in Europe
The company expanded its focus from French onshore wind generation to include solar and hydroelectric generation across France, Finland, Greece and Poland, in addition to hydrogen business cases and battery storage projects
Acquired FHA, a hydroelectric developer and operator, to expand Valorem’s capabilities
The company is well positioned for further growth supported by Europe’s energy transition and new growth opportunities such as battery storage to optimise power delivery
Funding history
3i Infrastructure acquired a 33% interest in Valorem in 2016
In 2024, 3i Infrastructure sold its stake to funds managed by AIP Management P/S and certain other co-investors, generating net proceeds of €309 million, a 21% gross annual IRR and 3.6x gross money multiple.
Find out more
Investors
