Paris / Lyon, May 21st 2026 – TERRE ET LAC group (‘TERRE ET LAC’), the French independent producer of renewable power, announces it has successfully secured a landmark bridge financing of up to €50 million, arranged by RGREEN INVEST, to support the development and construction of a portfolio of 245 solar power plants.
A strategic project supporting industrial scale-up
The transaction enables TERRE ET LAC to pursue the next phase of its growth strategy by accelerating the deployment of its production capacity and further expanding its geographical footprint. The portfolio – the largest of TERRE ET LAC to date – consists primarily of rooftop solar installations, with a total clean energy production capacity of 74 MWp, covering the yearly needs of 17,500 households.
Backed by a strong development pipeline and an integrated operating model, TERRE ET LAC continues to strengthen its position as a key player in the French solar market, combining scale, proximity to local stakeholders and industrial execution capabilities in complex environments.
An agile financing solution tailored to project needs
By structuring a flexible, short-duration financing solution, RGREEN INVEST brings speed, agility and structuring expertise at a critical stage of the project lifecycle, enabling TERRE ET LAC to optimize execution timelines and secure procurement.
This closing follows the €70m debt raise announced in May 2025, and constitutes the second financing completed since infrastructure investment manager INFRANITY invested in TERRE ET LAC in 2023.
Alexis Sloane Courtillon of Terre et Lac, said: This financing marks a new step in the deployment of our distributed solar portfolio. It supports industrial-scale execution while maintaining the operational standards that underpin TERRE ET LAC’s model. Partnering with a debt specialist able to bring speed and structuring expertise at the right moment is a key enabler for accelerating delivery.
Mathilde Ketoff, Partner – Head of Debt of RGREEN INVEST, added: We are more than happy to enter into this new partnership with TERRE ET LAC. Europe’s energy transition has entered a new phase where energy infrastructure is no longer only an environmental imperative, but a strategic priority for sovereignty and competitiveness. Through INFRABRIDGE IV, we provide tailored bridge financing solutions that help strong industrial players like Terre et Lac accelerate delivery at scale, with the agility and selectivity required in today’s market.
Romain Le Melinaidre, Executive Director, Equity Investments at INFRANITY, commented: RGREEN INVEST’s bridge financing further strengthens TERRE ET LAC’s capacity to deliver on its growth ambitions. It illustrates the strength of the group’s integrated business model and its ability to execute at scale across a large and diversified portfolio of distributed solar assets. It further highlights the relevance of combining long-term equity support with flexible short-term financing solutions at key stages of the project lifecycle.
Finergreen (financial advisor), Watson Farley Williams (legal advisor, borrower) Bentam (legal advisor, lender), were the advisors on this transaction.