# Girasole Energies
Girasole Energies is a French independent photovoltaic power producer based in [Boulogne-Billancourt](https://www.edgepedia.org/boulogne-billancourt), created in November 2022 as a holding company (legally DAVAI ENR TOPCO, renamed Girasole Energies in March 2023) that operates, through its sister company Girasole Services, solar plants built on land made available by clients under a third-party-investment model, under founder-president Aurélie Gaudillère.[1](https://www.societe.com/societe/girasole-energies-921129326.html) • [2](https://www.societe.com/societe/girasole-services-921030789.html) • [3](https://www.lesechos.fr/pme-regions/ile-de-france/photovoltaique-girasole-energies-prend-son-independance-et-leve-96-millions-deuros-1919607) The group was spun off from the Enerlis group in 2023 with a €96 million investment from Mirova and remains active as of 2026.[4](https://www.mirova.com/en/news/girasole-energies-player-photovoltaic-solar-energy-production-raises-96-million-from-Mirova) • [5](https://tecsol-quotidien.fr/100eme-mwc-en-exploitation-girasole-energies-franchit-un-cap-diversifie-son-modele-et-accelere-en-2026/)
| Fact | Detail |
|---|---|
| Legal entity | SAS created 4 November 2022 as DAVAI ENR TOPCO (SIREN 921129326, RCS Nanterre), renamed Girasole Energies on 28 March 2023[1](https://www.societe.com/societe/girasole-energies-921129326.html) |
| Headquarters | 77 Rue Marcel Dassault, 92100 Boulogne-Billancourt, France[1](https://www.societe.com/societe/girasole-energies-921129326.html) |
| Founder and president | Aurélie Gaudillère, founder of Enerlis; presidency held via AGL Investment[3](https://www.lesechos.fr/pme-regions/ile-de-france/photovoltaique-girasole-energies-prend-son-independance-et-leve-96-millions-deuros-1919607) • [1](https://www.societe.com/societe/girasole-energies-921129326.html) |
| Sector | Solar photovoltaic independent power production on artificialised land[3](https://www.lesechos.fr/pme-regions/ile-de-france/photovoltaique-girasole-energies-prend-son-independance-et-leve-96-millions-deuros-1919607) |
| Financing raised | €96M from Mirova (March 2023); €77M senior debt (September 2023); €130M fourth portfolio financing (2025)[4](https://www.mirova.com/en/news/girasole-energies-player-photovoltaic-solar-energy-production-raises-96-million-from-Mirova) • [6](https://www.mirova.com/sites/default/files/2023-09/CP_Girasole_Financement%202023%20VF.pdf) • [5](https://tecsol-quotidien.fr/100eme-mwc-en-exploitation-girasole-energies-franchit-un-cap-diversifie-son-modele-et-accelere-en-2026/) |
| Scale | 100th MWc in operation November 2025; 90 staff, four agencies; 650+ projects in development representing 300 MWc[5](https://tecsol-quotidien.fr/100eme-mwc-en-exploitation-girasole-energies-franchit-un-cap-diversifie-son-modele-et-accelere-en-2026/) |
| Status | Active as of 2026; registry record updated 18 May 2026[1](https://www.societe.com/societe/girasole-energies-921129326.html) |
## History and founding
Girasole Energies grew out of the photovoltaic third-party-investment business that Aurélie Gaudillère, founder of Enerlis, had been developing from 2018.[3](https://www.lesechos.fr/pme-regions/ile-de-france/photovoltaique-girasole-energies-prend-son-independance-et-leve-96-millions-deuros-1919607) In December 2022, Enerlis contributed its complete, autonomous branch of solar photovoltaic third-party-investment project development by partial asset transfer, effective 22 December 2022, to Girasole Services, a company created on 2 November 2022 at the same Boulogne-Billancourt address.[2](https://www.societe.com/societe/girasole-services-921030789.html) The top company, incorporated on 4 November 2022 as DAVAI ENR TOPCO, took the name Girasole Energies by shareholders' decision of 28 March 2023.[1](https://www.societe.com/societe/girasole-energies-921129326.html)
The company describes its launch as the transformation, after three years of activity, of Enerlis's photovoltaic production division into an independent French company.[7](https://girasole-energies.com/a-propos/) At independence in March 2023 it raised €96 million in equity and debt from Mirova, the sustainable-finance affiliate of Natixis Investment Managers.[8](https://www.pv-magazine.fr/2023/03/27/la-branche-tiers-investissement-solaire-denerlis-devient-un-ipp/) • [4](https://www.mirova.com/en/news/girasole-energies-player-photovoltaic-solar-energy-production-raises-96-million-from-Mirova) "Our mission requires substantial human and financial resources, so we are very happy to partner with Mirova," Gaudillère said at the time.[8](https://www.pv-magazine.fr/2023/03/27/la-branche-tiers-investissement-solaire-denerlis-devient-un-ipp/)
## Business model
Girasole works on the third-party investment (tiers investissement) model: it finances, designs, and operates photovoltaic plants on artificialised land, rooftops, car parks, and ground made available by clients, and retains long-term ownership of the assets.[3](https://www.lesechos.fr/pme-regions/ile-de-france/photovoltaique-girasole-energies-prend-son-independance-et-leve-96-millions-deuros-1919607) • [6](https://www.mirova.com/sites/default/files/2023-09/CP_Girasole_Financement%202023%20VF.pdf) The company says it acts as sole interlocutor from feasibility study through construction to operation and maintenance, with clients including farmers, local authorities, tertiary and industrial companies, and developers.[7](https://girasole-energies.com/a-propos/)
In exchange for hosting a plant, landlords receive either additional income, a new or renovated infrastructure, self-consumption savings, or regulatory compliance.[6](https://www.mirova.com/sites/default/files/2023-09/CP_Girasole_Financement%202023%20VF.pdf) At launch the company targeted projects of 100–500 kW covered by France's 20-year open-tariff scheme; since 2024 it has also operated a collective self-consumption and power-purchase model through its Girasole Proximit'e platform, and in 2025 it launched a standalone or PV-hybridised electricity storage offer.[8](https://www.pv-magazine.fr/2023/03/27/la-branche-tiers-investissement-solaire-denerlis-devient-un-ipp/) • [5](https://tecsol-quotidien.fr/100eme-mwc-en-exploitation-girasole-energies-franchit-un-cap-diversifie-son-modele-et-accelere-en-2026/)
## Funding and financing
Three financing events are on record:
- **March 2023:** €96 million in equity and debt from Mirova at the company's creation as an independent power producer.[8](https://www.pv-magazine.fr/2023/03/27/la-branche-tiers-investissement-solaire-denerlis-devient-un-ipp/) • [4](https://www.mirova.com/en/news/girasole-energies-player-photovoltaic-solar-energy-production-raises-96-million-from-Mirova)
- **September 2023:** €77 million of financing from shareholder Mirova and three BPCE-group banks, announced 20 September 2023, to build 175 photovoltaic installations by June 2024, about 50 MWc in twelve months. The senior debt was arranged and 100% underwritten by [Groupe BPCE](https://www.edgepedia.org/groupe-bpce) via BPCE Energéco, la Banque Palatine, and la Banque Populaire Val de France.[6](https://www.mirova.com/sites/default/files/2023-09/CP_Girasole_Financement%202023%20VF.pdf) • [9](https://www.pv-magazine.fr/2023/09/22/girasole-energies-obtient-un-financement-de-77-me-pour-la-construction-de-175-projets-pv-en-france/)
- **2025:** financing closed for the group's fourth portfolio, covering the solarisation of 260 additional rooftops for 90 MWc and a €130 million investment, supported by Mirova.[5](https://tecsol-quotidien.fr/100eme-mwc-en-exploitation-girasole-energies-franchit-un-cap-diversifie-son-modele-et-accelere-en-2026/)
Girasole and Mirova have set a joint target of more than 500 MWc installed by 2028 through a combined investment of about €600 million, with over 1,000 plants in operation by then and roughly 100 MWc built per year until 2028 under 20-year secured power sales contracts.[6](https://www.mirova.com/sites/default/files/2023-09/CP_Girasole_Financement%202023%20VF.pdf) • [7](https://girasole-energies.com/a-propos/) No valuation for the company has been disclosed in any retrieved source.
## Projects, pipeline and traction
At its March 2023 launch the business already had about a hundred plants in operation and some 500 projects in development, installed on clients' roofs, parking lots, fallow land, and agricultural hangars.[8](https://www.pv-magazine.fr/2023/03/27/la-branche-tiers-investissement-solaire-denerlis-devient-un-ipp/) By late November 2025 the group had commissioned its 100th MWc in operation, employed 90 staff across four agencies including a new one in Corsica, and held more than 650 internal projects in development or construction representing a 300 MWc portfolio.[5](https://tecsol-quotidien.fr/100eme-mwc-en-exploitation-girasole-energies-franchit-un-cap-diversifie-son-modele-et-accelere-en-2026/)
The company also entered France's public tender system: in 2025, on its first attempt, it ranked among the top 10 winners of the 11th period of the CRE Bâtiment tender, moving beyond its historical sub-500 kWc segment.[5](https://tecsol-quotidien.fr/100eme-mwc-en-exploitation-girasole-energies-franchit-un-cap-diversifie-son-modele-et-accelere-en-2026/)
Installed-capacity figures conflict between the company and trade press. The company's website self-reports 450+ plants in operation and 150 MWc installed, and 400 MWc of installed and in-development capacity.[7](https://girasole-energies.com/a-propos/) • [10](https://girasole-energies.com/accueil/) Tecsol, the solar trade publication, reported the 100th MWc in operation at end-November 2025.[5](https://tecsol-quotidien.fr/100eme-mwc-en-exploitation-girasole-energies-franchit-un-cap-diversifie-son-modele-et-accelere-en-2026/)
## Recent developments
The trajectory since the 2023 spin-off runs through successive financing and model changes: the €77 million debt package in September 2023 for 175 plants; the ACC/PPA platform Girasole Proximit'e from 2024; the €130 million fourth portfolio financing in 2025; entry into CRE tenders and a storage offer in 2025; and a planned fifth financing cycle intended to double the operating fleet by the end of 2026.[6](https://www.mirova.com/sites/default/files/2023-09/CP_Girasole_Financement%202023%20VF.pdf) • [5](https://tecsol-quotidien.fr/100eme-mwc-en-exploitation-girasole-energies-franchit-un-cap-diversifie-son-modele-et-accelere-en-2026/) The registry record was updated on 18 May 2026 with no dissolution or name change, indicating continued registration.[1](https://www.societe.com/societe/girasole-energies-921129326.html)
## References
1. [Société GIRASOLE ENERGIES à BOULOGNE-BILLANCOURT (SIREN 921129326) – Societe.com](https://www.societe.com/societe/girasole-energies-921129326.html)
2. [Société GIRASOLE SERVICES à BOULOGNE-BILLANCOURT (SIREN 921030789) – Societe.com](https://www.societe.com/societe/girasole-services-921030789.html)
3. [Photovoltaïque : Girasole Energies prend son indépendance et lève 96 millions d'euros – Les Echos](https://www.lesechos.fr/pme-regions/ile-de-france/photovoltaique-girasole-energies-prend-son-independance-et-leve-96-millions-deuros-1919607)
4. [Girasole Energies, a player in photovoltaic solar energy production, raises €96 million from Mirova – Mirova](https://www.mirova.com/en/news/girasole-energies-player-photovoltaic-solar-energy-production-raises-96-million-from-Mirova)
5. [100ème MWc en exploitation : Girasole Energies franchit un cap, diversifie son modèle et accélère en 2026 – Tecsol Quotidien](https://tecsol-quotidien.fr/100eme-mwc-en-exploitation-girasole-energies-franchit-un-cap-diversifie-son-modele-et-accelere-en-2026/)
6. [Girasole Energies obtient un financement de 77 millions d'euros pour la construction de 175 projets photovoltaïques en France – Mirova press release, 20 September 2023](https://www.mirova.com/sites/default/files/2023-09/CP_Girasole_Financement%202023%20VF.pdf)
7. [À propos – Girasole Energies (company website)](https://girasole-energies.com/a-propos/)
8. [La branche tiers investissement solaire d'Enerlis devient un IPP – pv magazine France, 27 March 2023](https://www.pv-magazine.fr/2023/03/27/la-branche-tiers-investissement-solaire-denerlis-devient-un-ipp/)
9. [Girasole Energies obtient un financement de 77 M€ pour la construction de 175 projets PV en France – pv magazine France, 22 September 2023](https://www.pv-magazine.fr/2023/09/22/girasole-energies-obtient-un-financement-de-77-me-pour-la-construction-de-175-projets-pv-en-france/)
10. [Accueil – GIRASOLE ENERGIES (company website)](https://girasole-energies.com/accueil/)
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*Topic: Encyclopedia › Technology and the built world › Energy technology › Batteries and energy storage*
*Initially written Sep 17, 2026 · Edited: Oct 11, 2026; Oct 15, 2026; Oct 25, 2026*
*Copyright 2026 EdgeChat AI, a subsidiary of Biostate AI.*
License: Edgepedia Community License 1.0, https://www.edgepedia.org/edgepedia/license