Find more about the REDEN Group
Having experienced sustained growth since 2008, the REDEN Group has long become a benchmark player in energy transition on an international scale
Our core business? Producing photovoltaic energy responsibly!
At REDEN, we do not only produce green electricity. We are committed to sustaining local territories, the people and their know-how, as well as the environment and its biodiversity. Our aim is to generate added value and, together with all our stakeholders, create a virtuous system in which everyone has their place and can drive a positive and naturally sustainable dynamic.
REDEN has complete mastery of the photovoltaic value chain:
- Our Engineering Office and Agro-Environment Department – comprising hydrologists, agronomic engineers, cartographers, environmental and biodiversity experts, etc. – develop tailor-made solutions for each project, integrating environmental considerations in depth, often going beyond administrative prerequisites;
- Our Development, Legal and Financing departments work hand in hand to carry out the administrative procedures (social consultation, drafting of construction leases, management of building permits, financing of power plants, etc.)
- Our industrial unit in Roquefort (France) assembles photovoltaic modules for our projects, providing us with a thorough technical knowledge;
- Our Operations division takes care of the construction, operation and maintenance of our photovoltaic electricity production units.
Founded in 2008 in the heart of Lot-et-Garonne (47) in France, REDEN has experienced strong growth on that territory and abroad
REDEN’s growth has continued to gain momentum since 2008, and the Group has now reached 1 GW in installed capacity, making it a benchmark player in energy transition.
Creation of REDEN (ex. Fonroche) in Roquefort
(South West France)
3 MW of installed capacity
Capital increase with Eurazeo & opening of our photovoltaic panel production plant in France for an integrated photovoltaic development model
10 MW of installed capacity
Opening of subsidiaries in Mexico, Puerto Rico and Colombia, and of an international office in Madrid
Activities in Kazakhstan, Ukraine and India.
40 MW of installed capacity
123 MW of installed capacity
147 MW of installed capacity
181 MW of installed capacity
240 MW of installed capacity
Divestment of projects in India and Kazakhstan
Sale of biogas and geothermal activities
300 MW of installed capacity
Fonroche’s solar subsidiary becomes REDEN Solar
Infravia acquires a stake in the company
348 MW of installed capacity
Start of operations in Spain and Portugal (51 MW), Chile (30 MW), Mexico (20 MW) and Puerto Rico (52 MW)
Acquisition of projects in Spain (50 MW) and construction of new projects in Mexico (40 MW)
Strong development of pipelines in France (2.3 GW) and Chile (0.3 GW)
450 MW of installed capacity
REDEN starts operations in Greece
573 MW of installed capacity
652 MW of installed capacity
REDEN enters the Italian market
757 MW of installed capacity
New shareholders with Macquarie, BCI and MEAG in consortium
939 MW of installed capacity
REDEN opens its German subsidiary
1 GW of installed capacity
2008
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2023
OUR LOCATIONS
With its headquarters in Roquefort (47) in the south-west of France, together with branches in the French Toulouse (31), Bordeaux (33) and Nîmes (30), REDEN has offices in each country where the Group has projects in development, i.e. Spain, Portugal, Chile, Puerto Rico, Mexico, Greece, Italy and Germany.
- Headquarters & offices
- Local offices
OUR VALUES
Benevolence, Commitment, Ethics and Professionalism are the Group’s four pillars of performance, which guide us daily in all our activities.
BENEVOLENCE
Everyone within the Group acts both individually and collectively, showing respect for others, constantly improving comfort at work and promoting a working environment that is calm, enjoyable and constructive
COMMITMENT
Loyalty and involvement are key to maintaining long-term relations between our employees, the company and external partners. This is mainly why almost 100% of REDEN's employees are on permanent contracts.
ETHICS
REDEN is committed, through its activities and strategies, to acting morally and fairly at the corporate, environmental and economic level. As part of its active Social and Environmental Responsibility (SER) policy, REDEN is especially committed, through its Responsible Purchasing Charter, to maintaining a balanced relationship with its partners.
PROFESSIONALISM
REDEN’s teams are committed to working to rigorous, professional standards, developing photovoltaic projects that make sense. This value requires a constant training effort and REDEN helps its employees develop, either enhancing their skills or transitioning into new specialisations.
OUR SHAREHOLDERS
Since July 6th, 2022, a consortium with a long-term vision, comprising Macquarie Asset Management, British Columbia Investment Management Corporation (BCI) and Munich Ergo Asset Management GmbH (MEAG), has been accompanying the Group in its new growth phase.
Macquarie Asset Management is a global asset manager that aims to deliver positive impact for everyone. Trusted by institutions, pension funds, governments, and individuals to manage approximately €536 billion in assets globally, we provide access to specialist investment expertise across a range of capabilities including infrastructure, green investments, real estate, agriculture & natural assets, asset finance, private credit, equities, fixed income and multi asset solutions.
Macquarie Asset Management is part of Macquarie Group, a diversified financial group providing clients with asset management, finance, banking, advisory and risk and capital solutions across debt, equity, and commodities. Founded in 1969, Macquarie Group employs more than 20,500 people in 34 markets and is listed on the Australian Securities Exchange.
All figures as at 31 March 2023.
For more information, please visit Macquarie.com
BCI is among the largest institutional investors in Canada with C$233.0 billion under management as at March 31, 2023. Based in Victoria, British Columbia, with offices in Vancouver, London, and New York City, BCI invests in: fixed income and private debt; public and private equity; infrastructure & renewable resources; as well as real estate equity and real estate debt. With our global outlook, we seek investment opportunities that convert savings into productive capital that will meet our clients’ risk and return requirements over time. BCI’s infrastructure & renewable resources program, valued at C$22.3 billion, invests in tangible long-life assets that include a portfolio of direct investments in companies across a variety of sectors spanning regulated utilities, energy, telecommunications, transportation, timberlands, and agriculture. The program is diversified across North America, Asia, Australia, Europe, and South America.
MEAG manages the assets of Munich Re and ERGO. MEAG is active in Europe, Asia and North America and offers its comprehensive know-how to institutional investors and private clients. In total, MEAG manages investments currently worth €339 billion, of which €65 billion relates to business with institutional investors and private clients.
