Banque des Territoires and REDEN, independent solar power producer, today signed a partnership agreement to support the development of photovoltaic power plants in France. The investment platform REDEN Territoires aims to finance rooftop and ground-mounted solar panel projects, with an initial portfolio capacity of 148 MW and a target of 750 MW over the next 3 years. Owned 49% by the Banque des Territoires and 51% by REDEN, REDEN Territoires will finance projects that benefit from REDEN’s experience and know-how.
