Paris, France — Iberdrola France has reached an agreement to sell its onshore renewable energy portfolio to Technique Solaire, a leading French renewable energy group. The transaction includes 118 MW of operational wind capacity and a development pipeline of 639 MW of onshore wind and solar PV projects.
As is customary in France, the transaction remains subject to the prior completion of information–consultation procedures with the relevant staff representative bodies before final approval.
Despite the sale of its onshore assets, Iberdrola France reaffirms its long-term commitment to the country, particularly through its offshore wind developments. The company continues to advance major offshore projects, including the 496 MW Saint Brieuc offshore wind farm, which represents a significant step toward France’s renewable energy goals.
Ongoing Commitment to Offshore Wind
Iberdrola emphasized that its decision to divest the onshore portfolio does not reduce its presence in France. Instead, the company plans to strengthen its offshore wind activities, positioning the Saint Brieuc project as a strategic energy hub for the future.
Key Details of the Transaction – At a Glance
- Iberdrola France has reached an agreement to sell its onshore renewable energy portfolio to Technique Solaire, a French renewable energy group.
- The deal includes:
- 118 MW of operational onshore wind capacity
- 639 MW of pipeline projects (onshore wind and solar PV)
- The transaction is subject to prior information–consultation procedures with relevant staff representative bodies, as required in France.
- Iberdrola France remains committed to the French market despite the sale.
- The company will continue its activities in offshore wind development.
- A major ongoing project is the 496 MW Saint Brieuc offshore wind farm.
- The sale aims to optimize Iberdrola’s asset portfolio and strengthen its offshore strategy in France.
- Technique Solaire is expected to expand its position in the onshore renewable energy sector following the acquisition.
Once the consultation process with staff representatives is completed, both companies are expected to finalize the transaction. The deal marks a significant move within France’s renewable energy industry, with potential for further growth in offshore initiatives.
