2019.03.25

Signing of the partnership contract between Quadran International, SUS Environment, Bpifrance and China Investment Corporation in the presence of Heads of State Emmanuel Macron and Xi Jinping

On March 25th, 2019, a memorandum of understanding was signed at the Elysée Palace, in the presence of French President Emmanuel Macron and his Chinese counterpart Xi Jinping, between Quadran International and SUS Environment, a Chinese company specialized in Waste to Energy, the French and Chinese sovereign funds Bpifrance and CIC. This memorandum of understanding establishes a platform to support the development of a French-Chinese development venture in the short / medium term in the third-party market for renewable energies (solar, wind and Waste To Energy). The identified projects, which are currently under development, represent an investment of € 1.0bn to € 1.5bn.

 

Louis Blanchard, Lucia Holding CEO

“The support platform for renewable energies in third countries is the result of intense discussions aimed at accelerating the implementation of these critical projects for the energy transition ; this platform allows partners to bring together their strengths and projects. The plateform’s financial strength will enable it to have high ambitions for the years to come.”

 

Alexandre Lambolez, Quadran International CEO

“Through this partnership, Quadran International continues its rapid development, and partners with ambitious players to accelerate the energy transition in the countries that need it the most. Quadran International once again demonstrates its agility and ability to innovate while enjoying the confidence of major players.”