Solora welcomes Junction Growth Investors and BNP Paribas Fortis as new shareholders
Antwerp – CFI is pleased to announce it acted as the exclusive corporate finance advisor to Solora, in attracting Junction Growth Investors (“Junction”) and BNP Paribas Fortis Private Equity (“BNPPF PE”) as new shareholders.
About Solora
Solora specialises in the engineering, procurement, and construction (EPC) and operation and maintenance (O&M) of commercial and industrial photovoltaic (PV) systems. Managing 1.2 GWp of O&M services across Belgium and the Netherlands and installing over 100 MWp of PV capacity, the company combines expertise in solar generation, battery storage, and energy management to deliver efficient, tailored solutions. With a focus on optimising costs and performance, Solora ensures reliable, long-term support through 24/7 monitoring and maintenance services, while expanding its footprint into new markets like France.
About Junction and BNPPF PE
Junction is a long-term investment fund focused on supporting established European SMEs and scale-ups in the energy transition. With a strong track record in the energy sector, Junction backs sustainable growth and innovations that accelerate the shift to a sustainable future. BNPPF PE is the private equity branch of BNP Paribas Fortis, specialising in minority stakes, mezzanine financing, and investments in venture capital and private equity funds active in Belgium.
About the transaction
The investment in Solora by Junction and BNPPF PE marks a strategic step to accelerate the company’s growth in the energy transition sector. With the backing of its new shareholders, Solora aims to expand its leadership in operation and maintenance (O&M) services across the Benelux while enhancing its engineering, procurement, and construction (EPC) capabilities, particularly in battery energy storage solutions (BESS). This partnership will allow Solora to broaden its offerings and deliver integrated solutions that optimise energy generation, consumption, and storage, supporting its clients in achieving cost-efficiency and long-term sustainability.
About CFI’s role in the process
CFI acted as the exclusive corporate finance advisor to Solora throughout the transaction, providing comprehensive support to facilitate its successful outcome. This included identifying and engaging potential strategic and financial investors whose objectives aligned with Solora’s growth ambitions. CFI also assisted in preparing detailed financial and operational analyses to showcase Solora’s value proposition and market potential. Furthermore, CFI played a key role in structuring and negotiating the transaction terms, ensuring the alignment of interests between the shareholders, Junction, and BNPPF PE. These efforts helped secure a partnership that supports Solora’s strategic expansion and operational excellence, culminating in a successful closing on 19 December 2024.
Jan Van Der Haegen, co-founder of Solora: “CFI’s support throughout this transaction has been invaluable. Their expertise in identifying the right investors, preparing detailed financial analyses, and structuring the deal played a key role in achieving a successful outcome. This partnership enables us to further strengthen our offering and meet the growing demands of our clients, whether driven by regulatory changes or the need for operational efficiency. We are now better positioned to continue expanding our business and even explore strategic acquisitions to complement our growth.”
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Energy, Environment & Natural Resources
welcomes
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as new shareholders
Transaction details
Solora, a leading player in building (EPC) as well as operating & maintaining (O&M) solar installations, welcomes Junction Growth Investors and BNP Paribas Fortis Private Equity as new shareholders
This transaction was advised by:
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