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    Solar investment platform established by Marguerite

    Marguerite will contribute up to €60 million to an investment platform for greenfield solar PV projects.


    The platform, led by Josef Kastner and Chloe Durieux, two renewables executives with decades of combined expertise in the renewable energy sector, seeks to build a portfolio of over 2GW of developed and in-development projects within the next six years.


    The company will build utility-scale solar PV assets in France, Spain, Italy, Germany, Austria, and Poland, among other European nations.


    Guillaume Rivron, Partner at Marguerite, said “The rationale behind our decision to invest in this platform was that this market benefits from high premiums for ready-to-build assets, and an agile approach is critical to respond quickly to changes in market conditions and take advantage of new opportunities as they arise.”


    “There is a substantial amount of investment required in this sector, but there is a lack of focus on the initial part of the value chain: the development of projects.”


    “Our partnership with Josef and Chloe, combined with our European presence and sector knowledge, will allow us to quickly adapt to this market and invest in high-quality assets that will generate substantial value for our investors and future clients.”


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