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Tikehau Capital partners with NOVAFRANCE Energy

Tikehau Capital, a global alternative asset manager, has partnered with NOVAFRANCE Energy, a specialist in the development of renewable energy projects, to finance an programme of 5,000 photovoltaic poultry shelters.

Launched at the end of 2018, NOVAFRANCE Energy specialises in agrivoltaics to design agricultural solutions for animal welfare by producing renewable electricity. The investment programme will look to deploy €50 million over the next few years for a potential photovoltaic capacity of 300 Megawatts peak[1] (MWp).
 
The funding is being provided by Tikehau Capital’s Green Assets strategy, one of its impact private equity strategies, which finances, builds and operates small, decentralised assets that reduce the carbon footprint of their end users. The fund aims to focus on energy efficiency in buildings and industrial sites, low-carbon mobility, sustainable agriculture, the circular economy, and clean energy generation.
 
The 5,000 photovoltaic poultry shelters will be deployed in poultry runs on French poultry farms and will protect animals from heat, weather, and predators, while producing green energy. The deployment of these poultry shelter projects will be accompanied by an agroforestry programme to provide immediate artificial shelter and long-term natural shelter for animals.

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