Octopus Energy’s generation arm has invested in three new wind farms in France.
The three onshore wind farms, which are Croix Erable, Bertaut, and Le Langrois, have a combined capacity of 49MW and will be added to the 10 existing wind farms the company already manages in the country, bringing its total to 13.
The company also manages 14 French solar farms and has numerous more projects in the pipeline.
The wind farms will be located in the Vienne region in the west and Haute Marne region in the north-east of the country.
Construction has already started and they will become operational throughout 2023 and 2024.
The Nordex turbines on the sites will produce enough green power for 30,000 homes.
This investment follows fast on the heels of Octopus Energy Group’s commitment to invest €1bn in the French green energy market in the next two years.
Octopus is aiming to generate enough local green power for 300,000 French households, while bringing lower costs and better customer service through its retail energy supply arm.
Alex Brierley, co-head of Octopus Energy Generation’s fund management team, said: “France is an absolutely fantastic place to build renewables and we’re committed to investing in lots more wind and solar farms in the country.
“France’s green energy transition is at a pivotal point, and we’ve got a clear mission: let’s continue to build more green generation to get cheaper, cleaner energy to even more people in the future.”