
Tikehau, BPI France inject €150m into GreenYellow
Tikehau Capital and BPI France have jointly invested €150m through a capital increase operation in French energy supply service GreenYellow.
The backing of Tikehau and BPI France will help GreenYellow's international expansion, particularly in Africa and Asia.
A spokesperson for Tikehau confirmed to Unquote that the GP used its T2 Energy Partners fund for the transaction. The vehicle, launched earlier this year alongside Total, focuses on mid-market companies investing in the shift away from fossil fuels.
In an announcement, BPI France's director Sébastien Moynot said the state-backed GP was particularly attracted to GreenYellow due to its commitment to energy transition. Unquote recently reported how the renewables sector in France is attracting the attention of private equity.
Company
With headquarters in Paris, GreenYellow is a subsidiary of the listed supermarket chain operator Casino Group. Founded in 2007, GreenYellow offers B2B services in the emerging field of energy transition.
It is developing 150 decentralised photovoltaic projects generating approximately 190 MWp, and operates more than 1,500 energy efficiency contracts with Casino Group, as well as with third-party customers.
Operating in France, Brazil and Colombia, GreenYellow has more than 260 employees.
People
Tikehau Capital – Emmanuel Laillier (head of private equity).
BPI France – Sébastien Moynot (director).
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