Solutions30 announces an investment in the capital of So-Tec to round out its photovoltaic offering
2024年5月16日 - 3:30PM
Solutions30 announces an investment in the capital of So-Tec to
round out its photovoltaic offering
Paris, May 16th, 2024
Against a backdrop of strong growth in demand
for renewable energy, and to complete its integrated service
offering in the ENR business, Solutions30 has acquired a 10% stake
in So-Tec, a company specializing in the construction of
photovoltaic power plants, alongside the company's historic
management team. Ultimately, and according to the agreement between
the acquiring shareholders, Solutions30 will become the majority
shareholder over the next few years and will control 100% of the
capital within 5 years.
So-Tec is a French company based near
Montpellier, employing almost 100 people and generating sales of
over 20 million euros. It is recognized as a leading expert in the
photovoltaic sector, mainly in the deployment of ground-mounted
structures and the construction of rooftop power plants. So-Tec
designs and installs all types of installations (shadehouses,
greenhouses, roofs, ground-mounted, floating, agrivoltaic)
throughout France, regularly working in synergy with
Solutions30.
With nearly 30 years' combined experience, the
alliance of Solutions30 and So-Tec will provide the French market
with a unique "Made in France" offering, capable of addressing both
the Structural and Electrical work packages and taking on the
overall management of EPC (Engineering, Procurement and
Construction) contracts, from design through engineering to
materials procurement and construction. Synergies will enable the
Group to shorten design lead times, optimize purchasing and control
the value chain and construction schedule, guaranteeing customers
complete, optimized project management.
Investing in So-Tec is a further step in
Solutions30's dynamic positioning in the photovoltaic sector and
reaffirms its ambition to build one of the main leaders in the
sector in France. Able to operate complex projects by integrating
the entire value chain, in a market in very high demand,
Solutions30 aims to double its sales from this activity to €40
million by 2024, whereas So-Tec will only contribute to the Group's
sales from 2025. To achieve this, the Group intends to create
commercial synergies, extend its scope of operations to the whole
of France, and strengthen its teams with the recruitment of 50
people by 2024. A training program in the ENR professions for all
talents from the construction and building industries will
kick-start the transition to a sector set to peak in the coming
years.
On signing the deal, Amaury Boilot, Solutions30
France’s CEO and Group Secretary General, commented, "With the
photovoltaic market gathering pace, projects are becoming more
structured, and clients are increasingly looking for multi-lot
experts capable of supporting them from design through to
maintenance. By combining our know-how and expertise with a leader
in the construction of photovoltaic power plants, we are in a
position to respond to all the biggest projects already in the
pipeline for the coming months with France's major energy
companies. This is a major milestone in our development that
positions us as a market leader. We're delighted to have been able
to involve management, who are particularly expert in technologies
and the market, in this great adventure."
About Solutions30 SE
Solutions30 provides consumers and businesses
with access to the key technological advancements that are shaping
our everyday lives, especially those driving the digital
transformation and energy transition. With its network of more than
16,000 technicians, Solutions30 has completed over 80 million
call-outs since its inception and led over 500 renewable energy
projects with a combined maximum output surpassing 1,000 MWp. In
pursuing its vision of a more connected and sustainable world,
Solutions30 has become an industry
leader in Europe with operations in 10
countries: France, Italy, Germany, the Netherlands, Belgium,
Luxembourg, Spain, Portugal, the United Kingdom, and Poland. The
capital of Solutions30 SE consists of 107,127,984 shares, equal to
the number of theoretical votes that can be exercised. Solutions30
SE is listed on the Euronext Paris exchange (ISIN FR0013379484-
code S30). Indexes: MSCI Europe ex-UK Small Cap | SBF 120 | CAC Mid
60 | NEXT 150 | CAC Technology | CAC PME. Visit our website for
more information: www.solutions30.com
Contact
Individual Shareholders:actionnaires@solutions30.com – Tel: +33
(0)1 86 86 00
63Analysts/Investors:investor.relations@solutions30.comPress -
Image 7:Charlotte Le Barbier - Tel: +33 6 78 37 27 60 -
clebarbier@image7.fr
- Solutions30 launches acquisition of So-Tec in photovolaic
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