HYDROPTION has been supplying renewable electricity to 1,677 buildings in the City of Paris since January 1, 2018 and announces a fundraising campaign in spring 2018

HYDROPTION has been supplying renewable electricity to 1,677 buildings in the City of Paris since January 1, 2018 and announces a fundraising campaign in spring 2018
26 January 2018 Michel de Kérever

HYDROPTION announces the signing of a €65 million contract with the Groupement de Commande de la Collectivité Parisienne, which includes the Etablissement Public Paris Musées, the Centre d’Action Sociale de la Ville de Paris, the Département and the Ville de Paris, to supply 1,677 public buildings with green electricity for two years. Winner of the call for tenders for the lots covering the largest sites (C2, C3 and C4, former Yellow and Green tariffs), HYDROPTION announces the good start of green electricity supply to these sites since January 1, 2018. The service includes a personalised monitoring of consumption and a tailor-made analysis service for delivery points to optimise electricity contracts. HYDROPTION also announces the successful development of its portfolio of individual customers in the south of France through its Electricité de Provence brand.

Thanks to this market and the favourable evolution of its sales, HYDROPTION has revised its business plan upwards and is expecting 2018 sales of around 50 million euros for a balanced financial result. HYDROPTION is targeting 2019 revenue of approximately €115 million for a financial result of €785,000.

Capital strengthening

In order to finance its growth, HYDROPTION wishes to strengthen its capital in spring 2018.
If you wish to have access to the investment file or discuss a possible partnership, please contact Michel de Keréver, President of HYDROPTION.

Download in PDF : HYDROPTION supplies the City of Paris with green electricity.

 

Press contact :
Alice Gérard
Customer service HYDROPTION
Phone : +33 (0) 4 98 51 00 31
Email : agerard@hydroption.com

 

Investors Relations Contact :
Michel de Keréver
Président d’HYDROPTION
Tél. : +33 (0) 6 48 71 56 00
mail : mdekerever@hydroption.com