Rubis Sets Ambitious Targets at Photosol Day 2024

Rubis hosted its "Photosol Day" today in Paris, highlighting its mid-term ambitions and the evolution of the photovoltaic markets. Key figures including Clarisse Gobin-Swiecznik and Robin Ucelli unveiled strategic insights and projections for Photosol.

The event underscored Rubis' commitment to becoming a global energy service leader by leveraging its 30-year experience in value-creating growth. The acquisition of Photosol reinforces this vision, promising substantial value to stakeholders through strategic synergies and expertise in solar energy.

By 2027, Rubis aims to secure a portfolio exceeding 2.5 GWp, targeting a consolidated EBITDA of €50-55 million. Despite delays in grid connections affecting timelines, the company's secured portfolio aligns with the goal of 3.5 GWp by 2030.

The renewable sector's dynamic growth, driven by soaring electricity demand and supportive policies, positions solar energy as a crucial player. Photosol's robust project pipeline and financial discipline further strengthen Rubis' long-term growth strategy.

France remains a stable base for Photosol, with expansion plans targeting Italy, Spain, and Central and Eastern Europe to enhance diversification and value creation.