International presence
For over fifteen years, the VALOREM Group has been expanding its presence beyond France to become a key player in Europe’s energy transition. Committed to the development of renewable energies, the group is working actively to secure the supply of green electricity at an affordable and controlled price, and intends to contribute to Europe’s energy sovereignty.
With subsidiaries in Finland, Greece and Poland, as well as a presence in Sweden and Romania, the VALOREM Group draws on the expertise of local teams to develop and finance renewable energy projects. By working closely with local communities and stakeholders, the group supports global objectives to reduce CO₂ emissions and transition to sustainable, decarbonised energy sources.
In 2024, the commissioning of the Matkussaari wind farm (148 MW) in Finland and the Magoula wind farm (27 MW) in Greece reinforce the VALOREM Group’s ambition to become a leading independent power producer (IPP) of green electricity. These achievements mark a turning point in the fulfilment of its mission: working together to harness local energy sources to pave the way for a sustainable and inclusive future.
Finland
VALOREM Energies Finland Oy and its local teams have been established in Helsinki since 2020 and in Oulu since 2024.
The Group’s growth in Finland is evident, with a portfolio of projects under development of 1.5 GW, carried out in collaboration with our local partners. Moreover, in May 2022 the VALOREM Group renewed a cooperation agreement with its Finnish partner Enersense Wind to develop a further 1 GW of onshore wind projects in Finland by 2025.
At the end of 2024, after two years of construction, the VIIATTI project will be commissionning. The project includes two wind farms, Kalistanneva (sold to the Finnish consortium of Helen and Ålandsbanken) and Matkusaari. It totals 313.5 MW, with an estimated annual production of 1 TWh. This represents around 1.2% of Finland’s electricity consumption, making VIIATTI one of the five largest wind farms in Finland. The project, carried out by subsidiary VALREA, involved building an electricity substation and over 40 km of high-voltage lines, underlining the Group’s commitment to the country’s essential infrastructure.
Meet Minna JUKOLA, Country Manager Finland
Greece
Active in Greece since 2017, the VALOREM Group opened its local subsidiary REN VALOREM Hellas in Athens in 2019.
The Group is gradually strengthening its presence in the country and currently holds a mixed portfolio of renewable energy projects under development of more than 700 MW, intended to be co-constructed in close collaboration with its partners and local communities.
In 2024, the VALOREM Group commissioned the Magoula wind farm, located in a mountainous region of northern Greece, with an installed capacity of 27 MW. This wind farm represents the Group’s first international achievement as an independent power producer (IPP), confirming its ambition to become a key player in Europe’s energy transition.
Poland
The VALOREM Energies Poland teams have been spread across the country since 2021, with an office in Warsaw.
The VALOREM Group has set up in Poland with the ambition of accelerating the energy transition in this country with its high renewable energy potential. The Group aims to build long-term local partnerships to develop, finance, build and operate renewable energy projects.
In 2023, the VALOREM Group signed a cooperation agreement with T&T Proenergy, a trusted local partner that has been firmly established in Poland since 2011. This agreement has secured a portfolio of 300 MWp of solar photovoltaic projects.
