News
Green Giraffe Advisory press release: EUR 25 million fundraising for Melvan
Press release, 30 June 2025
Paris, June 30, 2025 – Green Giraffe Advisory assisted Melvan, a multi-technology renewable energy producer and developer, in opening its capital to a consortium of investors composed of Bpifrance, through its France Investissement Énergie Environnement 2 fund, IDIA Capital Investissement, through its Crédit Agricole Energie & Economie Bas Carbone I fund, and a pool of investors from the Crédit Agricole group, as well as OCCTE, through its FPCI OCCTE OCCIGEN fund.
As a mission-driven company since 2024, Melvan designs, develops, builds, finances and operates renewable energy production plants, with a solar predominance, while integrating other complementary technologies. With around ten local offices, the company relies on an innovative and territorialized approach to offer sustainable energy solutions with strong environmental and societal impact.
Founded in 2020 by a trio of experienced executives, each with more than 20 years of sector expertise, Melvan has built an agile organization, supported by a team of 50 committed employees. The group now has a diversified development project portfolio of approximately 2 GW at different stages of maturity, including 750 MW in advanced phase covering the entire French territory.
A strategic partnership based on shared values
As part of this fundraising, Melvan chose to partner with minority, active and specialized financial partners, sharing its vision and commitments in favor of the energy transition. The consortium is composed of:
- IDIA Capital Investissement accompanied by regional investors from the Crédit Agricole group with SOFILARO, Centre Loire Expansion, private equity subsidiary of Crédit Agricole Centre Loire and Val de France Energies, private equity subsidiary of Crédit Agricole Val de France;
- Bpifrance, through its Environmental Impact Funds team, which supports structuring players in the energy and environmental transition in France;
- OCCTE, a management company based in Occitanie, through its FPCI OCCTE OCCIGEN investment fund dedicated to energy transition projects and players in France.
This significant fundraising will allow Melvan to continue structuring its producer model and accelerate the deployment of its projects at the heart of the territories while maintaining the Group’s independence. The strategic contribution of the financial partners translates into their expertise, their support ecosystems, their networking networks and their presence at the heart of the territories to fully support the group’s growth ambitions.
Melvan was advised by Green Giraffe Advisory (financial), Jeantet (legal) and Syneria (technical).