Mirova acquires an equity interest in Corsica Sole

Friday, 23 april 2021

Corsica Sole, a solar energy producer, developer, and storage operator, is consolidating its growth and recently signed a strategic agreement with Mirova.

Mirova, a Natixis Investment Managers affiliate dedicated to sustainable investment, is acquiring a minority stake in the company and setting up a bond financing program for a total investment that could reach €80 million. 

Corsica Sole is the leading producer of solar energy in Corsica, a major player in photovoltaic energy in France, and No.1 in the storage of electricity. It is developing unique expertise throughout France in the production of solar-generated electricity, electricity storage, and the construction of charging station networks for electric vehicles. 
The company’s corporate mission is to contribute to the energy transition by working on the most eco-friendly solutions, with a focus on low-carbon impact technologies and a guaranteed recycling of 100% of the photovoltaic modules installed. This mission is entirely consistent with the ambitions pursued by Mirova.