Entech SA (FR:ALESE) has released an update.
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Entech SA and Eiffage Énergie Systèmes have formed a joint venture that will focus on large-scale energy storage projects in France, aiming to support the energy transition to a carbon-free mix. This partnership is poised to take on a market exceeding 1 billion euros by leveraging both companies’ expertise in renewable energy storage and high voltage network connections. The joint venture, which will be 60% owned by Eiffage and 40% by Entech, is expected to be officially established in the next few months.
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