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.

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

With C$199.6 billion of assets under management as of March 31, 2021, BCI is one of Canada’s largest institutional investors. Based in Victoria, British Columbia, BCI is a long-term investor that invests across a range of asset classes: fixed income; public equities; private equity; infrastructure; renewable resources; real estate; and commercial mortgages. BCI’s clients include public sector pension plans, insurance, and special purpose funds. BCI’s Infrastructure & Renewable Resources program, valued at over C$20.0 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, and transportation, as well as investments in timberlands and agri-businesses. These companies operate in stable and mature regulatory environments, provide opportunities for future capital investments, and have the potential to generate steady returns and cash yields for our clients. 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.

Our background

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.

OUR SITES

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.

bienveillance

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

engagement

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.

ethique

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.

professionnalisme

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 COMMITMENT TO CSR

A COMMITTED PLAYER IN ENERGY TRANSITION

By the very nature of its business, the REDEN Group works every day for a sustainable development and the production of green energy, respecting the environment in which it operates and its various stakeholders.

Certified ISO 9001 (quality management) and 14001 (environmental management) for many years, REDEN, as a responsible company, wanted to take its approach even further. We have therefore voluntarily committed ourselves to a new certification aimed at strengthening our Safety Culture. As a result, August 2023 was marked by the award, for the first time, of ISO 45001, which validates our management of health and safety at work.

In order to respond as effectively as possible to social, environmental, societal and economic challenges, REDEN has additionally defined a unique CSR (Corporate Social Responsibility) policy, revolving around 6 strategic axes.

Linked to our values, these 6 axes are key to all our activities and seek to align economic development with social responsibility, as well as implement a responsible approach to energy.

HUMAN
Wealth

« Establish a strong corporate culture, based on solid skills, while respecting our values. »

CREATION OF VALUE
FOR COMMUNITIES

« Involved individually and collectively in society, today and tomorrow »

GREEN ENERGY
PRODUCTION

« Encouraging the consumption of sustainable and carbon free energy, while accelerating the energy transition »

SAFETY
CULTURE

« Develop a solid safety culture and preserve the integrity of our employees and service providers »

ENVIRONMENTAL
FOOTPRINT

« Reducing the impact of our activities on the environment and helping to mitigate climate change »

RESPONSIBLE & SUSTAINABLE
PARTNERSHIPS

« Developing sustainable, ethical and transparent partnerships »

These strong commitments adopted by the Group will be applied at each stage of the development chain in all REDEN photovoltaic projects.

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