Pioneers at heart

Over 30 years of history

Power to act

The VALOREM Group is a long-standing player in renewable energy in France. Founded in 1994 through a European programme, VALOREM started out as a technical design office before embarking on the development of projects for third parties, then on its own to finally embrace the construction and operation-maintenance of renewable energy production assets.

VALOREM is now a vertically integrated group, still independent, with a European dimension and active in the fields of wind power, photovoltaic solar power, hydroelectricity as well as offshore wind power, green hydrogen, HV connection and battery storage.

History

Pioneer of RE in France

  • 1994: Jean-Yves GRANDIDIER founded VALOREM, a renewable energy design office.
  • 1996: Jean-Yves GRANDIDIER co-founded France Wind Energy, now known as France Renouvelables.
  • 2002: OPTAREL was established as a subsidiary specialising in the optimisation and improvement of electrical networks.
  • 2007: VALREA was established as a subsidiary for the project management of wind farms. VALOREM expanded its expertise in methanation, marine energy and photovoltaic solar energy.
    A €6.5m equity stake was offered to FCPR Capenergie (Crédit Agricole Group), Avenir Entreprise (Deposit and Consignment Office + OSEO + NATIXIS) and Grand Sud Ouest Capital.
  • 2008: VALOREM became a green energy producer, raising a further €16m from FCPR Capenergie, Avenir Entreprise, Grand Sud Ouest Capital, Aquitaine Expansion and its founding shareholders.
  • 2010: Arrival of VALOREM’S 100th employee and inauguration of 10 wind farms wholly owned by VALOREM.
  • 2011: VALEMO was established as VALOREM’s subsidiary specialising in the operation, maintenance and supervision of renewable energy parks.
  • 2012: VALOREM launched the first equity crowdfunding operation with Crédit Coopératif for a RE park in France.
  • 2016: VALOREM launched its VALOREM MARINE SOLUTIONS brand dedicated to EMR and offshore activities.
    VALOREM completed a €75m strategic financial transaction and welcomed British investor, 3i Infrastructure, as the main minority shareholder.
  • 2018: Pierre GIRARD retired as chairman of the Supervisory Board and the Watt for Change endowment fund.
  • 2020: The company produced its first TWh during the year and employed its 300th employee!
  • 2021: In partnership with Lendosphère, MyVALOREMPark.com, VALOREM launched its web portal dedicated to participative  operations.
  • 2022: Construction of the 300 MW VIIATTI park in Finland began. Bertrand GUIDEZ and Philippe TAVERNIER joined Jean-Yves GRANDIDIER, Marc ROUBEROL and Philippe ETUR on the Executive Committee as COO.
  • 2023: In less than 7 months, the Group raises €19.5m in equity financing to fund its growth and new activities.
    Nathalie NUTTEN and Tristan MAES join the Group’s governance as General Secretary and CFO.
  • 2024: The VALOREM Group welcomes its 500th employee and celebrates 30 years of engagement, expertise and human adventure!
    VALOREM’s first European wind farms are commissioned: VIIATTI (313.5 MW) in Finland and Magoula (27 MW) in Greece.
    The Group is aiming to raise more than €550m to accelerate its growth and development.
A word from the President

“My principles on green energy go back to my adolescence!”

In 1994 when I founded VALOREM, I had to be a little bit crazy! Talking about wind or renewable energy at the time was very edgy! But my belief and commitment to green energy data back to my adolescence: the 1973 oil crisis was shocking. Seeing my father forced to buy petrol jerricans in American surplus stores, I wondered why we were so dependent on a resource that comes from the other side of the world! Each country has a specific pool of renewable energy, be it wind, solar, kindling wood, biogas, marine energy. It is now up to each and every one of us to develop our country’s resources in order to contribute to a much needed and environmentally friendly energy transition for future generations.
Jean-Yves GRANDIDIER Founder and President of VALOREM