GreenYellow, a global leader in decentralized energy transition, has announced the acquisition of 18 rooftop photovoltaic plants in Reunion Island, adding 3.1 megawatts-peak (MWp) of installed solar capacity to its portfolio.
The move reinforces the company’s long-term commitment to France’s Overseas Departments and Territories and its mission to advance local, renewable, and decarbonized energy production.
The newly acquired solar portfolio is expected to produce over 4.3 gigawatt-hours (GWh) of electricity annually, enough to power more than 1,360 residents on the island.
This acquisition marks another step in GreenYellow’s strategy to strengthen its role as a key renewable energy player in the Indian Ocean region.
General Manager of GreenYellow Austral Benoît Regnard, said the deal aligns with the company’s broader goal to help commercial and industrial (C&I) clients reduce their energy dependency and achieve sustainable growth.
“By directly owning and operating our assets, we reaffirm our ambition to be a long-term energy operator rooted in overseas territories,” he said.
GreenYellow already supports more than 750 clients in their solarization efforts and operates 1.1 GWp of installed renewable capacity globally. The company positions solar energy as a driver of competitiveness, value creation, and large-scale energy transition.
The transaction was made possible through collaboration with internal teams and partners including Ravetto Associés for legal support and Envinergy for facilitating the connection.
Founded in 2007, GreenYellow has become a major international energy transition player, active in 15 countries across four continents.
In 2024, its projects helped avoid nearly 546,000 tons of CO₂ emissions, and the company aims to reach carbon neutrality for scopes 1 and 2 by 2040. For more information, visit www.greenyellow.com.
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