Crédit Mutuel Alliance Fédérale, a corporative bank in France, recently announced that it will partner with Voltalia with a goal to reduce its carbon footprint by 30% by the year 2023. It is part of the bank’s strategic plan called ensemble#nouveaumonde. Additionally, about 5% of the bank’s global power consumption shall be provided by the green energy of Voltalia.

Reportedly, past the desire to procure green energy and reduce the consumption of energy, Crédit Mutuel Alliance Fédérale has made a choice to continue supporting Voltalia, in the long run, to be able to develop new and renewable production capacities.  Seemingly, the partnership will lead to a first Corporate PPA for 25 years and construction of new solar power plant of minimum 10 megawatts in France.

Crédit Mutuel Alliance Fédérale’s CEO, Daniel Baal stated that the partnership demonstrates the desire of Crédit Mutuel Alliance Fédérale to lower the energy footprint as well as obtain the construction of new and renewable energy production capacities.

Sebastian Clerc, CEO, Voltalia commented that the company has demonstrated it is possible to generate renewable electricity both in France and other countries. The partnership has opened new prospects for several projects that Voltalia has been developing in France while also letting Crédit Mutuel Alliance Fédérale cover a minimum of 15-gigawatt hours of the annual consumption.

Clerc further added that Voltalia happens to position itself as an integrated player in the sector by having proposed self-production, energy management solutions and energy audits as part of the partnership. This was made possible due to the acquisition of Helexia made by Voltalia.

Voltalia is a leading service provider and backs its clients in renewable energy projects in all the phases ranging from design to both operation and maintenance. The company is a pioneer in the corporate world and provides global offers to private firms, starting from green electricity supply and energy efficiency services to local production of their electricity.


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