Israeli Firm Econergí Wins French Wind Power Tender
Translated & summarized from Calcalist by baba
Israeli company Econergí has won a French government tender for wind power projects totaling 102 megawatts, securing an annual revenue of approximately 18.6 million euros for 20 years. This adds to previous wins, bringing the total French capacity to 148 megawatts and projected annual revenue to 27 million euros. Commercial operation for these projects is expected by 2030. Econergí, founded in 2009, operates across Europe and is listed on the Tel Aviv Stock Exchange.
The story in 5 lines · by baba
- Econergí secured 102 MW in a French wind power tender, expecting 18.6 million euros annually for 20 years.
- The company's total French capacity is now 148 MW, with projected annual revenues of 27 million euros.
- Econergí's subsidiary Escofi was the largest capacity winner in the French tender.
- All of Econergí's awarded projects in France are expected to be operational by 2030.
- Econergí, founded in 2009, operates in multiple European countries and is traded on the Tel Aviv Stock Exchange.
Israeli company Econergí announced it has won a French government tender to construct wind turbines with a total capacity of 102 megawatts. The tender guarantees a fixed tariff for 20 years, with annual revenues from these projects expected to reach approximately 18.6 million euros. This latest win brings Econergí's total awarded capacity in France over the past year to 148 megawatts across eight projects, through its subsidiary Escofi. The overall annual revenue from all French projects is projected to be 27 million euros, totaling 540 million euros over the 20-year tariff period.
The tender was part of France's 12th national auction round, which saw 171 applications, with 63 projects ultimately selected. Escofi emerged as the largest winner in terms of generation capacity, securing 102 megawatts out of the approximately 1,006 megawatts allocated in the auction. Commercial operation for all projects secured by Econergí this year is anticipated by 2030.
Econergí, founded in 2009 by Eyal Podhorzer, who serves as CEO, and Yoav Shapira, operates in several European countries including Romania, Germany, Italy, the UK, and Poland, in addition to France. The company is listed on the Tel Aviv Stock Exchange with a market value exceeding 4.5 billion shekels. While its third-quarter financial reports have not yet been released, its second-quarter 2026 results showed a jump in electricity sales revenue, though losses widened due to increased financing expenses.