PerPetum Energy and SOCOFE announce a new capital injection into Green for Power, their joint renewable energy investment platform. This operation aims to finance a pipeline of nearly 100 MWp of ready-to-build projects, while preparing the organisation for a new phase of growth.
After their partnership was sealed in 2022, with SOCOFE acquiring a 30% stake in Green for Power, both partners reaffirm their shared ambition: to develop 500 MWp of capacity by the end of 2026, in Belgium and neighbouring countries.
But beyond financing, this step also marks a strategic evolution in the group’s structure. Faced with increasingly diverse projects – combining solar, battery storage, EV charging stations and other decarbonisation solutions – Green for Power is adopting a more agile and adapted organisation. This new structuring aims to optimise the development, financial engineering and operational management of multi-energy projects, often spread over complex sites or integrated into existing infrastructures.
With this financial and structural reorganisation, Green for Power aims to play a key role in the energy transition, supporting businesses and regions in their journey towards more sustainable, local and competitive energy.
“With these additional resources, we want to intensify our action and support industrial companies in Belgium and neighbouring countries more effectively in their decarbonisation journey.. Our focus is on developing large-scale solar projects combined with battery systems and EV charging infrastructure, all managed by our proprietary Energy Management System (EMS). This offers maximum value, flexibility and energy security to industrial clients.”
— Luc Leenknegt, CEO of PerPetum Energy
“With Green for Power, we are reaching a strategic milestone: delivering projects that are more integrated, smarter, and serving sustainable, competitive and local energy. This new phase confirms the strength and relevance of our partnership with PerPetum Energy and reflects our shared ambition to build innovative solutions to today’s and tomorrow’s energy challenges, especially for businesses.”
— Jean-Marie Bréban, CEO of SOCOFE
With this new milestone, PerPetum Energy and SOCOFE together confirm their role as catalysts of a carbon-neutral industrial future in Belgium and neighbouring countries.
About Green for Power
Green for Power is a catalyst for the energy transition, co-founded in 2016 by PerPetum Energy and joined in 2022 by SOCOFE, which now holds 30% of its capital.
As a committed player in industrial decarbonisation and renewable energy production, Green for Power develops, finances, builds and operates local energy transition projects. Its integrated model covers engineering, financial structuring, operational follow-up and maintenance.
With a portfolio of 200 MWp operational installations – 75% located in Wallonia – Green for Power enables businesses and public entities to benefit from sustainable energy without upfront investment, via long-term contracts providing stability and predictability.
Supported by this new capital injection, Green for Power strengthens its commitment to Belgium’s and Wallonia’s climate goals, while preparing its development beyond national borders.
About SOCOFE
SOCOFE is the investment arm of Walloon local authorities for the environmental transition. It mobilises its expertise to ensure citizens and businesses benefit from reliable, competitive and sustainable energy while supporting the evolution of energy infrastructures.
In the face of climate challenges, SOCOFE identifies and supports high-impact investment projects that drive economic growth in Wallonia.
Through its participation in Green for Power, SOCOFE strengthens its role as a key player in Wallonia’s energy transition.