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Enerfip acquires Lumo and exceeds 50% market share in France

Enerfip completes its first external growth operation by acquiring Lumo from Société Générale, consolidating its position in France’s energy-focused crowdfunding market.

Enerfip acquires Lumo and exceeds 50% market share in France

CountriesFrance
CompaniesEnerfip, Lumo, Société Générale
SectorÉnergie Biomasse, Énergie Éolienne, Énergie Solaire
ThemeInvestissements & Transactions

French company Enerfip, specialised in participatory financing of energy-related projects, has finalised the acquisition of Lumo, another platform active in the sector, previously owned by banking group Société Générale. This transaction marks a strategic milestone for Enerfip, which now represents more than 50% of the national crowdfunding market for energy.

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Énergie Biomasse