Kyotherm, a financing company specializing in the development of low carbon heat and energy efficiency projects, today announced the successful conclusion of a €17 million loan from Crédit Agricole Transitions & Énergies. This funding will finance a portfolio of 25 energy efficiency projects distributed across Europe and the United States. The portfolio includes ambitious decarbonization programs for major industrial groups (automotive, agri-food, metallurgy) as well as key players in the retail sector.
A Major Contribution to Industrial Energy Performance
Once implemented, these projects will save 57 GWh of electricity and 10 GWh of gas annually, while avoiding the emission of 9,500 tons of CO2 per year. They represent a significant step forward in the energy transition for large industries, leveraging proven technological solutions. The financed projects include a broad range of technologies such as waste heat recovery, LED relamping, variable speed drive integration, thermal insulation, and the installation of sensors and energy consumption management systems. Kyotherm retains ownership of the installations and oversees their operation and maintenance, using the International Performance Measurement and Verification Protocol (IPMVP) to assess energy savings.
An Innovative Model and Optimized Portfolio Management
Most of these projects are based on the Energy Savings-as-a-Service (EaaS) model, allowing Kyotherm’s clients to benefit from energy savings without directly bearing the investment costs. Through energy performance contracts averaging ten years, clients can offload these investments from their balance sheets, promoting their transition to more sustainable solutions while enabling them to focus on their core business.
This operation underscores Kyotherm’s ability to structure a cohesive portfolio in terms of technologies, geographies, and contractual frameworks, ensuring long-term financing. Simultaneously, Kyotherm demonstrates expertise in risk management related to the design, implementation, and maintenance of these projects by collaborating with renowned technical partners. This portfolio exemplifies the growing momentum in the industrial energy performance sector, particularly amidst the volatility of energy prices.
For its part, Crédit Agricole Transitions & Énergies strengthens its commitment by involving several entities of the group in this operation,* aligned with its goal of mobilizing €19 billion in financing by 2030.
Christine Delamarre, Deputy Managing Director of Crédit Agricole Transitions & Énergies:“By financing innovative energy efficiency initiatives like those led by Kyotherm, we contribute to the decarbonization of key sectors such as industry and retail. This partnership highlights our commitment to supporting long-term sustainable solutions to address global environmental challenges and advance a low-carbon economy.“
Arnaud SUSPLUGAS, Founder and President of Kyotherm :“This financing marks a key milestone in Kyotherm’s growth strategy and reinforces our commitment to the energy transition. Through these 25 energy efficiency projects in Europe and the United States, we are making a concrete contribution to the decarbonization of the most carbon-intensive industries while generating sustainable energy savings for our clients. We are delighted to collaborate with Crédit Agricole on this initiative, which demonstrates how innovation and finance can unite to accelerate carbon emission reductions globally.“
About Crédit Agricole Transitions & Énergies
A subsidiary of the Crédit Agricole Group, Crédit Agricole Transitions & Énergies supports and facilitates the environmental transitions of its clients through three key activities:
- Financing and investing in renewable energy projects;
- Producing and supplying decarbonized electricity locally in cooperation with regional stakeholders;
- Advising and providing transition solutions to help Crédit Agricole Group clients adopt sustainable practices.
Crédit Agricole Transitions & Énergies employs 70 professionals and offers expertise to individuals, professionals, businesses, farmers, and local authorities.
About Kyotherm
Kyotherm is an investment company specializing in the co-development, financing, and management of renewable heat production and energy savings projects. For over 12 years, Kyotherm has supported energy project developers in the fields of biomass, geothermal energy, solar thermal, waste heat recovery, and energy efficiency in France and abroad. Kyotherm has developed a portfolio of 260 MW of capacity across more than 170 sites in 12 countries worldwide. www.kyotherm.com
Advisors
Legal Advisors: Gowling (Antoine PAMPOUILLE) et Walden Avocats (Julie VUAGNOUX) Technical Advisors: Ginger Burgeap (Aurélien MERCIER)
Insurance Advisors: ECA – Expertise et Contrôle d’Assurances (Didier CHAVERNOZ) Press Contacts
Kyotherm : Jean BARON
jean.baron@kyotherm.com
+33 (0)6 69 14 68 15
Crédit Agricole Transitions & Energies : Françoise BOLOLANIK
francoise.bololanik@ca transitions-energies.fr
+33 (0)7 64 61 33 70
