European renewable power producer Econergy has acquired French onshore wind developer Escofi for €134.3 million, adding 740 MW of wind projects to its portfolio and establishing its first presence in France.
Escofi, founded in 1988, develops, finances, constructs and operates onshore wind farms, with projects at different stages of development. Its portfolio comprises 128 MW in operation, 34 MW under construction, 147 MW in advanced development and a further 432 MW at earlier development stages.
The projects are concentrated in France’s Hauts-de-France and Grand Est regions. Econergy said the operational and construction-stage assets, together with the advanced pipeline, provide a combination of existing generation and projects that have already secured key development approvals.
More than 90% of Escofi’s operational and under construction capacity has 20-year contracted revenues under France’s Contracts for Difference (CfD) mechanism. Three additional projects totalling 46 MW secured CfDs in July 2026, with contracted prices above €80/MWh for 20-year periods.
The 309 MW portfolio comprising operational, construction and advanced-development projects is expected to generate €59–65 million in annual revenue and €47–53 million of EBITDA in a representative year, according to Econergy.
Once the projects under construction and the 147 MW advanced development pipeline are completed, operational capacity is expected to reach about 300 MW by 2030. Econergy forecasts project-level EBITDA of approximately €42–44 million at that point.
The remaining 432 MW pipeline provides longer-term development potential. Econergy also identified opportunities to repower existing wind farms, add battery storage at selected sites and pursue further acquisitions in the French onshore market.
The transaction increases Econergy’s European footprint to eight markets: France, Romania, the UK, Italy, Germany, Poland, Spain and Greece. Its overall development pipeline now exceeds 13 GW, including around 6 GW of energy storage.
The acquisition also extends Econergy’s relationship with investment firm RGREEN INVEST, which supported the transaction. Econergy said the French portfolio will complement its existing European solar, wind and storage activities while increasing its exposure to contracted renewable generation.
