Impala and Exor Join Forces with Tagenergy to Further Accelerate Renewable and Energy Storage Sectors
The company is to achieve 5GW of renewable assets, under construction or operation, by 2027 in nations that have made a long-term commitment to decarbonise their economies.
July 19, 2023. By EI News Network
The company is to achieve 5GW of renewable assets, under construction or operation, by 2027 in nations that have made a long-term commitment to decarbonise their economies.
To expedite TagEnergy’s future growth and support its experienced team and strong entrepreneurial culture, Impala and Exor have joined forces in a new joint holding company, TagHolding, which will become TagEnergy’s largest single shareholder.
Jacques Veyrat, Impala’s Chief Executive Officer, stated, “I am very excited to partner with Exor, a firm that shares Impala’s values and a common vision of responsibility towards the energy transition. At Impala, we have been supporting TagEnergy from the very beginning as we firmly believe in their hands-on, entrepreneurial approach to developing and investing directly in the renewable energy markets. Partnering with Exor will enable us to further support TagEnergy’s ambition to expand in multiple regions across the globe and finance the promising projects the TagEnergy team is currently developing.”
Franck Woitiez, TagEnergy’s Chief Executive Officer, added, “We are pleased to welcome Exor into the TagEnergy family. Exor has a proven track record helping companies grow in a responsible and successful way. Its investment, along with Impala’s support, represents a strong vote of confidence in our position and business approach in the renewable energy space. Having both Impala and Exor as partners and shareholders, alongside Mirova and Omnes, will bring us additional financial means to execute and accelerate on our strategic priorities and drive the pace of the energy transition through projects that deliver reliable energy affordably, and at scale.”
TagEnergy is a clean energy firm creating competitive clean power stations to accelerate the energy transition and help the world reach net-zero carbon emissions sooner.
Since its incorporation in 2019, TagEnergy has consolidated a portfolio of around 12GW consist of solar, wind and battery storage technologies in the UK, Portugal, Spain, France and Australia, of which 1GW is under construction or operation.
TagEnergy is managed by TagHolding, a consortium between the Impala SAS Group and Exor N.V.
TagEnergy was founded in 2019 by Franck Woitiez and Jacques Veyrat and is based in Lisbon, Portugal.
The firm’s operations cover the complete renewables value chain, comprising developing, financing, building and operating wind and solar renewable energy projects along with facilitating energy storage and grid stabilisation solutions.
please contact: contact@energetica-india.net.
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