Founded in 1988, ESCOFI is a long-established participant in the French renewable energy sector with integrated capabilities spanning project origination, development, construction, financing, and operations. The company encompasses approximately 740 MW of onshore wind assets across France, including 128 MW in operation, 34 MW under construction, 147 MW of advanced-stage development projects, and an additional 432 MW development pipeline.

The acquisition marks Econergy's entry into the French renewable energy market and represents a significant step in the continued expansion of its European independent power producer business. Through the acquisition, Econergy gains immediate scale in France, a diversified portfolio of assets, and a substantial pipeline of future development opportunities. Econergy has stated that it intends to build upon ESCOFI's established presence through ongoing project development, repowering initiatives and selective growth opportunities.

Marathon Capital is pleased to have advised Econergy on this strategic acquisition, which establishes the company's presence in one of Europe's largest renewable energy markets and supports the continued expansion of its European renewable energy portfolio.

Marathon Capital Ltd is authorised and regulated by the Financial Conduct Authority. Firm Reference Number 957356.