Iberdrola France Advances Strategic Shift with Agreement to Sell Its Onshore Portfolio to Technique Solaire
Iberdrola France has taken a significant step in reshaping its renewable energy strategy in the country by reaching an agreement to sell its entire onshore portfolio to Technique Solaire, a leading French renewable energy group. This decision marks a key moment for Iberdrola’s operations in France, reflecting both its long-term commitment to the French energy market and its strategic prioritization of offshore wind activities.
As with all major corporate transactions in France, the agreement is still subject to the completion of the mandatory information-consultation procedures involving employee representative bodies. This requirement ensures transparency, regulatory compliance, and the inclusion of staff perspectives before any final approval is granted. The process typically involves briefings, documentation reviews, and structured consultations, and often serves as an important procedural step in large-scale energy sector transitions within the country.
Details of the Portfolio Sale
The portfolio set to be transferred to Technique Solaire comprises two main components. First, it includes 118 megawatts (MW) of operational onshore wind capacity, representing a collection of fully functioning wind farms that contribute to France’s renewable electricity supply. These assets are already integrated into the national grid and produce consistent, zero-carbon energy.
Second, the deal covers a substantial pipeline of 639 MW of additional renewable projects. This pipeline includes both onshore wind developments and solar photovoltaic (PV) projects at various stages of planning, permitting, and development. For Technique Solaire, acquiring this pipeline provides a sizeable runway for expansion across multiple French regions and strengthens its position as an increasingly influential player in the national renewables sector.
By combining operational assets with future development projects, the agreement offers Technique Solaire a balanced mix of immediate generation capacity and long-term growth opportunities. For Iberdrola, the divestiture allows the company to reallocate resources and sharpen its focus on a segment where it holds major competitive advantages—offshore wind.
A Strategic Shift, Not a Withdrawal
While the sale indicates a notable restructuring of Iberdrola’s onshore presence, the company is careful to emphasize that this move does not signal a withdrawal from the French market. Instead, Iberdrola describes the sale as a strategic refinement of its portfolio that aligns with its global priorities—offshore wind development and large-scale clean energy infrastructure.
Iberdrola continues to maintain a solid and long-term commitment to France through its offshore operations, the most prominent of which is the Saint Brieuc offshore wind farm, one of the country’s first large-scale offshore wind projects. With a capacity of 496 MW, Saint Brieuc represents a cornerstone of France’s offshore renewable ambitions and one of Iberdrola’s flagship European projects. The company has been actively involved in the project’s development, engineering, construction, and commissioning phases, marking a major contribution to France’s energy transition efforts.
The Role of Offshore Wind in Iberdrola’s Vision
Globally, Iberdrola is one of the largest investors in offshore wind power. The company views offshore wind as a critical technology for accelerating decarbonization, offering large-scale generation, predictable output, and the ability to complement both solar and onshore wind resources. In Europe, where climate goals demand rapid expansion of renewable electricity capacity, offshore wind farms provide energy volumes capable of supporting industrial electrification, green hydrogen development, and broader power system resilience.
France, in particular, is poised for substantial growth in offshore wind over the next decade. With multiple offshore tenders underway or planned, the country aims to deploy several gigawatts of new capacity in the coming years. Iberdrola’s continued involvement positions it well to compete in future rounds and to contribute meaningfully to France’s evolving renewable landscape.
Technique Solaire’s Expanding Ambitions
The acquisition of Iberdrola France’s onshore portfolio strengthens Technique Solaire’s position as one of France’s most ambitious and fast-growing renewable energy developers. Known primarily for its solar PV installations—both ground-mounted and rooftop—Technique Solaire has expanded steadily into wind energy, biomethane, and international markets.
By integrating Iberdrola’s onshore assets, Technique Solaire gains access not only to operational capacity but also to new geographic zones, permitting documentation, land agreements, and project development expertise. These elements are crucial in a sector where competition for land, grid connections, and financing is increasingly intense. The added portfolio also enhances Technique Solaire’s ability to contribute to France’s national renewable energy objectives, particularly as the country works toward its targets for 2030 and 2050.
Regulatory and Social Considerations
As required under French labor and corporate law, the entire transaction remains dependent on completing the prior information-consultation processes with relevant staff representative bodies. These consultations are designed to ensure that employees are informed about changes that may affect the company’s structure, operations, or workforce. Although such consultations do not typically block transactions, they are a vital procedural step that can influence timelines and provide safeguards for employee interests.
Given the nature of the assets—primarily operational wind farms and development-stage projects—the transaction is not expected to result in significant operational disruptions. Nevertheless, Iberdrola and Technique Solaire must comply with all legal requirements before the transfer can be finalized.
Source Link: https://www.iberdrola.com/
