
FRANCE - Naxicap et al. invest EUR 4m into EcoEnergy
Naxicap Partners, Agregator Capital and Vatel Capital have provided Eco Energy, a turnkey solar company, with EUR 4m in funding.
The company, based in Saint Herblain near Nantes, was founded in 2007 by Eric Lecoq. Originally, the firm only operated in the western region of France. In 2008, Philippe Legorjus, a regional entrepreneur, associated himself with the company in order to launch its national development.
The company now has three subsidiaries which cover central France, the south and Corsica.
EcoEnergy generated orders of EUR 36m for the year ending in September, with a target of EUR 70m in 2010.
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