Ardian, Groupe Casino, Tikehau Capital and Bpifrance Sign Agreement to Acquire Majority Stake in GreenYellow for About €1.4 BN

“The quality of GreenYellow's managers and teams, and the company's positioning at the heart of the energy transition issues have convinced us. We are certain that the decentralized energy production and energy efficiency solutions proposed by GreenYellow will play a key role in achieving the decarbonization and energy sobriety objectives of companies and communities. We are looking forward to supporting GreenYellow, the French leader in the sector, in its development prospects in France and internationally alongside its historical shareholders, namely the Casino Group, Tikehau Capital and Bpifrance, with whom we share the same ambitions.” declared Mathias Burghardt, Member of the Ardian executive committee and Head of Ardian Infrastructure.

Emmanuel Laillier, head of Private Equity for Tikehau Capital added: “GreenYellow was one of our first investments of our private equity strategy dedicated to the energy transition launched in 2018, and which has invested €900 million in 10 leading European SMEs and ETIs in the sector since then. Thanks to the investments made, in 4 years GreenYellow has strengthened its leadership position in its core markets. With its robust platform, we are confident that GreenYellow will continue its growth path. We share the strategic vision of its management team and look forward to reinvesting to support them in their next phase of development.”

"Bpifrance, is thrilled to continue to support the company in this new phase of development with Ardian. Since our investment in 2018, the company has grown strongly and has succeeded in consolidating its position as the French leader in the decentralized energy production and energy efficiency market, thanks to its cross-functional expertise and its capacity for innovation. Supporting GreenYellow, a leading player in renewable energies, is fully in line with our Climate Bank strategy.” comments Charles-Henri Boyer, Head of participations at Bpifrance.