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Energiequelle GmbH sells French subsidiary Energiequelle SAS to H2air

Employees and project pipeline transferred to French develop
23.09.2026, Kallinchen (Germany)
Press ReleaseCompany

Energiequelle GmbH has sold its French subsidiary, Energiequelle SAS, to the French company H2air. With this transaction, Energiequelle continues its strategic focus on defined core markets. The sale includes both the employees of the French company and its existing project pipeline.

The French subsidiary has been part of the Energiequelle Group since 2010. Together with the local team, Energiequelle has developed and commissioned more than 27 wind and solar parks with a combined capacity of 266 MW over the past years, making a significant contribution to the expansion of renewable energy in France.

In recent years, the renewable energy sector as a whole has faced challenging market conditions. Energiequelle is currently undergoing a phase of consistent strategic realignment. Against this backdrop, the company decided to transfer its activities in France to an experienced regional player and to focus its own resources on its strategic core regions.

H2air strengthens its regional presence
With H2air, an established French renewable energy developer and operator is taking over Energiequelle’s French subsidiary. The company is pursuing a long-term growth strategy in France and aims to further expand its regional presence through the acquisition.

“I am pleased to announce the successful completion of this transaction with Energiequelle. Thanks to its expertise and longstanding regional presence, Energiequelle SAS has established itself as a key player in the French market. This acquisition fully supports H2air’s strategy to further strengthen its position in renewable energy, particularly in the wind energy sector, in France,” said Roy Mahfouz, Founder and President of H2air.

The existing projects and the expertise of the employees are expected to play an important role in this process. As part of the transaction, all employees of Energiequelle SAS will be transferred to H2air. The transaction includes a wind and solar project pipeline totaling approximately 500 MW, including 60 MW of operational projects and projects already in the pre-construction phase, which will be taken over by H2air.

Throughout the entire process, Energiequelle’s priority was to secure the future of its employees and ensure the continued development of the projects: “With H2air, we have found an experienced and committed partner who meets these requirements. We are therefore pleased that the transaction has been successfully completed and that both the projects and the team are moving into good hands. My special thanks go to all employees of Energiequelle SAS. Through their commitment, expertise, and trusting cooperation, they have played a decisive role in the company’s successful development and in the implementation of numerous projects in France. We wish the entire H2air team every success for the future,” said Michael Raschemann, Managing Director of Energiequelle GmbH.