Q Energy has announced that the Les Ilots Blanding project has reached financial close. The initiative involves the construction of a 74MW floating solar power plant in France.
The financing, an amount of €50.4m, was arranged by Credit Agricole Transitions & Energies and Bpifrance. Construction is already ongoing, with over 130,000 modules about to be installed.
Located in Perthes, Haute-Marne, Les Ilots Blanding is expected to be one of the largest floating solar projects in Europe. Once complete, the facility will cover 127 hectares of former gravel pits.
Commissioning is scheduled for 2025.
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