Galileo has expanded its renewable energy portfolio by acquiring the large-scale project development division of French renewable energy company Quenea.
This acquisition includes Quenea's team of around thirty experts, led by sector veteran Pauline Caro, along with a 140MW pipeline of wind and solar projects currently under development. Galileo expects to further grow this portfolio with upcoming closings and initiatives generated by the team.
Quenea, founded in 1996 by renewable energy pioneer Pascal Quenea, initially focused on rooftop solar installations. The company pivoted to large-scale onshore wind and photovoltaic projects in the early 2000s, primarily in northwestern France, and has successfully developed about 300MW of renewable energy to date.
The acquisition aligns with Galileo's ambition to deepen its footprint in the French renewable sector, leveraging Quenea's local expertise and established reputation to further its renewable energy initiatives.
The transaction will allow Pascal Quenea to return to the company's roots in rooftop solar installations, while Galileo gains a skilled team and expanded development pipeline in a market critical to its strategic growth. This acquisition reinforces Galileo's commitment to accelerating the energy transition across Europe, with a focus on localized development and partnerships.
