In October 2015, Total Eren, then called EREN Renewable Energy, increased its capital by nearly €200 million in two planned tranches, with a group of investors comprising Bpifrance, NextWorld, Salvepar (Tikehau Group) and FFP.
This consortium of financial and industrial partners helps to support Total Eren’s growth ambitions in the renewable energies sector. Thanks to these reinforced financial resources, a shared long-term vision and a goal to share and carry out viable economic projects, Total Eren has consolidated its capacity to deploy funds to develop and invest in international renewable energy projects, whilst maintaining the flexibility and agility of a smaller, more approachable project developer.
In 2019, in the framework of NHC’s acquisition, Total Eren proceeded with a capital increase. In this context, Total SA increased its stake in Total Eren from 23% to 30%.