RIVE Private Investment (“RIVE”), subsidiary of Elyseum Group, has invested €20 million in LANGA INTERNATIONAL, a developer and independent producer of renewable energy. This is the second investment of the RIVE Infrastructure Impact Fund (RIIF) following Electra, with RIVE recently announcing the fund’s first closing at €180 million. RIVE joins LANGA INTERNATIONAL’s historical investors, including Bpifrance through its France Investissement Energie Environnement fund, RGREEN INVEST, and Swen Capital Partners, which entered the capital in December 2023.
Founded in 2017, in parallel with the sale of its french activities to Engie, LANGA INTERNATIONAL has established itself as a leading player in the development, construction, and operation of renewable energy infrastructures. Operating as both a developer and independent energy producer, LANGA INTERNATIONAL is mainly present in Europe, notably in France, Spain, and Italy, as well as in other OECD countries and island territories. Leveraging its experience, its management team has developed a multi-technology portfolio (photovoltaic, wind, storage, and hydro) of 6 GW at different stages of advancement, including 400 MW of assets in operation or ready to build. In 2023, LANGA INTERNATIONAL strengthened its presence in France with the acquisition of Eolfi.
This operation will enable LANGA INTERNATIONAL to accelerate the development of its pipeline and build the most advanced projects. LANGA INTERNATIONAL has strategically developed and built renewable assets in Spain, France, and Italy, with a strategy of geographical and technological diversification. In Italy and Spain, the company has focused on developing solar projects, establishing local partnerships to strengthen its presence.
RIVE’s investment is part of the RIIF fund’s strategy to invest equity in SMEs involved in energy transition to accelerate the deployment of green energy infrastructure and decarbonize the European energy mix.
Pierre du Passage, Partner in charge of energy transition at RIVE:
« We are delighted to support the teams at LANGA INTERNATIONAL and its founder, Gilles Lebreux, for this new phase of their development. This investment perfectly illustrates RIVE’s mission : to play a central role in the energy transition by supporting renewable energy developers in their growth. With this capital contribution and our financial and sector expertise, we will help LANGA INTERNATIONAL achieve critical mass and position itself as a leader in its sector. »
Gilles Lebreux, President and Founder of LANGA INTERNATIONAL:
« Thrilled and happy to have Rive and Pierre du Passage as shareholders. They perfectly complement our current shareholding, with shared views on the importance of our development and the countries we target. This is an important step for the company and its managers. »
About RIVE Private Investment
RIVE Private Investment is an independent European investment company, specialized in essential assets in the transport and energy sectors. Founded in 2013 by Yann Thomas and Etienne Mouthon, RIVE currently manages more than €850 million and has closed over 100 transactions. The RIVE team consists of 25 employees based in Paris, Luxembourg and Geneva.
Through its energy transition business line, RIVE invests across the entire energy value chain: renewables, green gas, sustainable thermal energy, energy efficiency, energy storage, and mobility infrastructure. RIVE’s positioning reflects a concrete commitment to climate change mitigation and a desire for a positive impact on local communities. The team has financed more than 850 MW of capacity across Europe.
About LANGA INTERNATIONAL
LANGA INTERNATIONAL, continuing an entrepreneurial adventure that began in 2008, develops, constructs, and operates solar, wind, storage, and hydroelectric power plants. LANGA INTERNATIONAL is present in several geographies in Europe and island markets.
LANGA INTERNATIONAL currently holds a portfolio of 6 GW, including 400 MW in operation or ready to build in 12 countries.
For more information: https://langa-international.com/