FRANCE - 123Venture back EUR 4m renewables investments
123Venture, alongside renewable energy business Frey Nouvelles Energies, has invested EUR 2.5m into Solar Mimizan, an integrated solar power plants constructor and operator, and EUR 1.5m into Mariagaz, a biogas power plants operator.
The investments are in line with Frey Nouvelle Energies' plans to expand its offering in the renewable energy space. The company aims to cover the conception and development of projects, as well as the administrative and legal engineering, financing, operation and maintenance. The company aims to produce 85MW capacity in the next two years.
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