On March 25, 2024, Dream Energy and Banque des Territoires announced the creation of a joint venture to invest 75 million euros in ultra-fast charging for electric vehicles. The partnership aims to accelerate France's energy transition by developing a network of 140 supercharging stations powered by 100% renewable electricity. [...]
On March 25, 2024, Dream Energy and Banque des Territoires announced the creation of a joint venture to invest 75 million euros in ultra-fast charging for electric vehicles. The partnership aims to accelerate France's energy transition by developing a network of 140 supercharging stations powered by 100% renewable electricity.
Details of the partnership
Dream Energy and Banque des Territoires own 51% and 49% respectively of the new company, which has 40 million euros in equity capital. The project will also benefit from bank financing, notably from Crédit Agricole (Alsace Vosges), and 13 million euros in subsidies from ADEME as part of the France 2030 program.
A network of ultra-fast superchargers
The stations, located along major roads and in hotel or commercial parking lots with 24/7 access, will offer charging stations of up to 300 kW. This will enable electric vehicles to be recharged in around 20 minutes, meeting the growing demand for fast, reliable recharging solutions.
Dream Energy: an integrated model
Since 2007, Dream Energy, a subsidiary of the ARTEA Group, has been operating over 70 hydroelectric and photovoltaic power plants in France, and is a licensed electricity supplier. The company stands out for its integrated model for the production, supply and storage of renewable energy, optimized by smartgrids for efficient electrical management of environmentally-friendly building complexes.
The vision of Dream Energy and Banque des Territoires
This partnership strengthens the historic link between the ARTEA Group and Banque des Territoires, who have been working together since 2010. Philippe Baudry, CEO of ARTEA and Dream Energy, and Gautier Chatelus, Deputy Director at Banque des Territoires, emphasize the importance of this project for the energy transition. Together, they aim to control electricity supply costs while developing sustainable, competitively-priced recharging infrastructures.
This strategic partnership between Dream Energy and Banque des Territoires marks a crucial step in the deployment of ultra-fast electric charging solutions in France. It illustrates their shared commitment to the energy transition and sustainable development, while supporting the decarbonization objectives of the territories.
