Quadran completes the acquisition of Vents d'Oc
Quadran, a subsidiary of the Total group, announces that it has completed the acquisition of Vents d'Oc Energies Renouvelables, a subsidiary of the German group Windwärts Energies. Founded in 2002, Vents d'Oc is a developer of wind and solar projects, present in mainland France. It employs an experienced team of 12 employees based in France, the vast majority of whom are located in Montpellier.
This acquisition will allow Quadran to complete its portfolio of development projects of around 200 MW and to strengthen its territorial network. It will also contribute to the Total group's objectives of holding a production capacity of around 7GW of electricity from renewable energies by 2022, thereby confirming its ambition to develop and operate a portfolio of production of electricity from renewable wind, solar, hydraulic and biomass energies.