(Boursier.com) — Enogia and Ademe Investissement, ADEME’s public equity financing tool with an envelope of €400 million from the State’s Future Investment Program, have signed an agreement to to deploy ENOGIA’s ORC modules by saving use on the geothermal, biomass and industry segments and on a perimeter covering nearly 40 countries.
The agreement provides for the creation of a joint venture, Enogia Assets Industry, 55% owned by ENOGIA and 45% by ADEME Investissement. The total potential investment amount of Enogia Assets Industry is set at a maximum of 15 ME over 5 years. Enogia and ADEME Investissement undertake to finance Enogia Assets Industry to the extent of their reciprocal participation in its capital, and progressively in its commercial development.
Enogia Assets Industry will provide its clients with Enogia ORCs under contracts of at least 8 years. These contracts do not induce investments or direct charges for customers so that they will benefit, from installation, from the value provided by the ORC, via the electricity produced, which they can consume or sell. .
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