L R AS Published on Saturday 9 January 2021 - n° 345 - Categories:company results, French companies

Presentation of GreenYellow

Casino's 74%-owned subsidiary, GreenYellow, expanded into shading and PV roofs, and then expanded its business in France.

but also a great deal internationally, enabling it to achieve sales of €295m in 2019.

Thanks to its many installations in Africa, the Indian Ocean, the West Indies and French Guiana, the company has installed more than 300 MW, including 120 MW in France, many of which are self-consumption plants. Today, GreenYellow operates around 100 MW on its behalf.

At the end of 2018, GreenYellow carried out a €150 million capital increase reserved for Tikehau Capital and BPI France (which together hold 24% of the capital).

The group has diversified:

1°) in energy efficiency; it has 2,500 energy performance contracts ;

2°) in green electricity distribution, with CDiscount Energie. It has 140,000 subscribers;

3°) it is starting to install 240 electric vehicle charging points under its car park shades with the Dutch company Allego. In 2020, it signed an agreement with Jedlix to monetise the volume of energy supplied intelligently;

4°) it is examining the interest of developing a green hydrogen activity.

GreenYellow is no longer just a panel installer, but a set of technological applications to reduce its customers' energy bills and CO2 emissions.

The company wants to expand its activity in France by carrying out tests in the field of agrovoltaism in partnership with the Institut Français du Vin and the industrialist Exosun (ArcelorMittal group). It is studying the interest of launching into collective self-consumption.

https://tecsol.blogs.com/mon_weblog/2021/01/reportage-grewyellow-se-r%C3%A9active-en-france-en-proposant-une-plateforme-de-solutions-%C3%A9nerg%C3%A9tiques.html

Tecsol of 6 January 2021

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