Verso Energy
Verso Energy is a French developer that builds, finances, and operates renewable electricity, green hydrogen, and synthetic e-SAF/e-methanol projects, supplying offtakers such as SHS Group, Groupe ADP, and HAROPA PORT across Europe and selected international markets.
- Company typePrivate
- Founded2021
- HeadquartersParis, France
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Verso Energy does
Verso Energy is a French private renewable energy and synthetic fuels project developer, founded in 2021 and headquartered in Paris. The company develops, finances, builds, and operates renewable electricity assets (primarily solar PV), green hydrogen production facilities, and synthetic sustainable aviation fuel (e-SAF) and e-methanol plants. In February 2025 it expanded its renewable generation footprint through the acquisition of an approximately 400 MWc solar portfolio from Neoen, giving it both a French operating asset base and a feedstock origination platform for downstream hydrogen and e-fuels projects.
Verso's underlying technology stack centers on solar PV generation, electrolysis-based green hydrogen production, and the synthesis of e-fuels from biogenic CO2 and green hydrogen, including e-SAF and e-methanol. The company pursues a standardized, modular "copy-paste" e-SAF plant design philosophy intended to compress levelized cost through replication across geographies. Its flagship projects — DEZiR and ReSTart — were selected for grant award under the EU Innovation Fund Large Scale call in November 2025, representing 2 of the 3 e-SAF slots awarded in Europe, and the company has secured additional Connecting Europe Facility (CEF) and France 2030 support.
Verso's business model is a develop-finance-operate model: it originates projects, secures grants and offtake contracts, raises project and corporate finance, and retains long-term operational ownership of the assets. Revenue mechanics will rely on renewable power sale agreements (PPAs), hydrogen and e-fuel offtake contracts (e.g., the 10-year SHS Group e-methanol offtake, Groupe ADP airport-side offtake), and ancillary grid services once assets are commissioned. With 50+ employees and approximately €50M raised to date, Verso is in a pre-revenue build-out phase, with first commercial e-fuel production expected in the second half of the decade.
Verso Energy firmographics
Firmographics- Name
- Verso Energy
- Legal name
- Verso Energy
- Website
- https://verso.energy
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Verso Energy is a French developer that builds, finances, and operates renewable electricity, green hydrogen, and synthetic e-SAF/e-methanol projects, supplying offtakers such as SHS Group, Groupe ADP, and HAROPA PORT across Europe and selected international markets.
- Ownership category
- akta.pro rank
Verso Energy industry classification
Industry- Product category
- Clean Energy Infrastructure Development
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation (22111)
- SIC
- Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Hydrogen & Derivative Fuels for Industry (H₂, Ammonia, Methanol) (EUABAJAC)
- akta.pro secondary industries
- Energy & Renewables Specialty Contracting (Solar PV, Storage, EV Charging) (IMAFALAJ), Industrial Energy Efficiency & Optimization (Process Controls, Advanced Analytics, ISO 50001) (EUABAJAH)
Keywords
Where Verso Energy is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices7 records
Markets served
Verso Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Infrastructure, Operations, Supply Chain, Marketing or Sales
Revenue model
- Renewable Energy Project Development: Verso Energy develops, finances, and operates renewable electricity projects (solar PV), generating revenue through project sales, power purchase agreements (PPAs), and government tender mechanisms. Revenue realized through asset divestiture or long-term operation.
- Green Hydrogen Supply Contracts: Long-term offtake agreements for green hydrogen supply to industrial customers. Verso Energy produces and delivers hydrogen under 10-year contracts (e.g., 6,000 tonnes/year to SHS Group), providing predictable recurring revenue streams.
- Synthetic Fuel Production (e-SAF): Production and sale of synthetic sustainable aviation fuels (e-SAF) and e-methanol. Projects supported by European Innovation Fund, France 2030, and CEF Energy grants. Revenue model combines public subsidies with commercial offtake agreements.
- Solar Asset Portfolio: Acquisition and operation of solar photovoltaic assets. Verso Energy acquired a 400 MWc solar portfolio from Neoen and targets building and operating 1 GW of solar assets in France by end of 2027.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
Verso Energy product offering
Product offeringCore offering
Verso Energy develops, finances, and operates renewable electricity projects (solar photovoltaic), green hydrogen production facilities (via water electrolysis), and synthetic sustainable aviation fuels and e-methanol (via Power-to-Liquids combining biogenic CO2 with green hydrogen), alongside battery storage solutions for grid flexibility. The company targets industrial decarbonization through long-term offtake agreements with industrial customers (steel, chemicals, aviation, pulp and paper) and secured pipeline access via major European public funding mechanisms.
Product overview
Verso Energy is a French energy transition company that develops, finances, and operates renewable electricity production facilities, green hydrogen production, synthetic sustainable aviation fuel (e-SAF) and e-methanol plants, and battery storage solutions. The company operates a portfolio approach with distinct product lines: renewable electricity through solar photovoltaic projects (including the Neoen-acquired 400 MWc portfolio), green hydrogen production (CarlHYng project), and e-fuels synthesis (DEZiR, ReSTart, and Ep'HyNE projects). Verso Energy targets industrial companies, farmers, communities, and degraded land owners as customers, offering integrated decarbonation solutions that combine renewable power generation with hydrogen and synthetic fuel production capabilities.
Differentiator
Problem solved
Functional benefit
Products and services
- Renewable Electricity Production (Solar PV) Development, financing, construction, and operation of ground-mounted and floating solar photovoltaic power plants for renewable electricity generation. Targets industrial offtakers, farmers, communities, and degraded land owners across France and selected international markets. Includes agrivoltaic installations co-locating solar generation with agricultural activity.
- Green Hydrogen Production Production of renewable and low-carbon hydrogen via water electrolysis powered by renewable energy. Serves industrial customers for decarbonization (steel, chemicals), heavy mobility, and energy storage applications under long-term offtake contracts.
- E-Fuels (e-SAF and e-Methanol) Synthetic sustainable aviation fuel (e-SAF) and e-methanol production using Power-to-Liquids technology that combines captured biogenic CO2 with green hydrogen to produce decarbonized fuels for aviation and maritime transport. Delivers up to 90% GHG emission reduction versus conventional kerosene across the full lifecycle.
- Battery Energy Storage Electricity storage solutions providing grid services and flexibility to support the integration of high proportions of renewable energy into the electricity mix.
- CarlHYng Hydrogen Project Renewable hydrogen production project in Carling, Moselle, France, deploying up to 300 MW of electrolysis capacity in three phases (70 MW in 2027, 100 MW in 2029, 100 MW by 2030), totaling 51,000 tonnes per year of green hydrogen. Includes a 10-year supply contract with SHS Group (6,000 tonnes/year) for German steel decarbonization under the Power4Steel program.
- DEZiR e-SAF Project Industrial synthetic sustainable aviation fuel (e-SAF) production facility located in Rouen/Petit-Couronne, France, targeting approximately 80,000 tonnes of e-SAF annually by 2030. Developed in partnership with Rely (Technip Energies / John Cockerill JV) and supported by Innovation Fund and France 2030 funding.
- ReSTart e-SAF Project Synthetic sustainable aviation fuel (e-SAF) production facility developed in consortium with Rayonier Advanced Materials (RYAM) at Tartas, Landes, France, utilizing biogenic CO2 from RYAM's manufacturing operations. Designed to produce approximately 80,000 tonnes of e-SAF annually under the standardized 'copy-paste' plant model.
- Ep'HyNE e-SAF Project Sustainable aviation fuel production project at the Ecoparc in Epinal, France, with planned commissioning in 2029. Includes partnership for biogenic CO2 valorization with Green Valley Energie and Norske Skog Golbey on a 21.5 ha site.
- Solar PV Asset Portfolio (Neoen Acquisition) Portfolio of nearly 400 MWc of solar photovoltaic assets in production and development acquired from Neoen in February 2025, supporting Verso Energy's goal of building and operating 1 GW of solar assets in France by end of 2027.
- Lirac Solar Power Plant 5 MWp operational solar photovoltaic power plant in Lirac, Gard region, southern France, inaugurated March 2025. Produces 7.4 GWh annually and avoids 1,800 tonnes of CO2 per year.
- Floating Solar Power Plant (Gravières de l'Arroux) Floating solar power plant deployed on former gravel pits in Gueugnon and Rigny-sur-Arroux, the first significant floating solar project in the Bourgogne-Franche-Comté region of France.
- Pépite de Beauce Agrivoltaic Project Experimental agrivoltaic solar installation of 580 kWc capacity on 3 hectares in Outarville, Beauce region, developed in partnership with farmer Pierre Coisnon (Les 3 Laboureurs) to combine solar generation with large-scale crop production.
Quantifiable outcome
- Up to 90% GHG emission reduction compared to conventional kerosene over full lifecycle
- +3 more outcomes
Companies that use Verso Energy
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles4 records
Verso Energy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Verso Energy partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered flagship, core and minor.
- SHS Group (Stahl-Holding-Saar)flagship10-year green hydrogen supply agreement (minimum 6,000 tonnes/year) from Carling Hydrogen Next Generation project starting 2029. Supports Power4Steel decarbonization program for German steelmakers Dillinger, Saarstahl, and ROGESA.
- Pertamina NRE (New & Renewable Energy)coreMoU signed at Indonesian Embassy in Paris to accelerate development of clean energy and decarbonization solutions, including synthetic fuel production plants.
- Groupe ADPcoreStrategic partnership to develop e-SAF supply chain on French, European, and international airport platforms, supporting ReFuelEU Aviation regulation compliance and structuring complete value chain from production to distribution.
- Green Valley Energie and Norske Skog GolbeycoreStrategic partnership for capture and valorization of biogenic CO2 from Green Valley Energie and Norske Skog Golbey operations, strengthening Ep'HyNE project territorial integration.
- RelyflagshipJoint venture between Technip Energies and John Cockerill signed MoU to support development of seven e-fuels production plants worldwide (4 in France, 2 in Finland, 1 in USA) producing over 500,000 tonnes SAF annually. Rely awarded FEED contract for DEZiR project November 2025.
- Noven Group InfracorePartnership combining Noven's expertise in hydrocarbon transport, storage, and blending with Verso Energy's hydrogen and synthetic fuel production capabilities for French and export markets.
- NeoencoreAcquisition of nearly 400 MWc solar photovoltaic asset portfolio in production and development from Neoen, accelerating Verso Energy's integrated energy transition strategy.
- BEA Alizay (Biomasse Energie d'Alizay)coreAgreement to valorize biogenic CO2 from BEA Alizay's biomass boiler in Alizay (Eure, Normandy) for integration into synthetic fuel production on the Seine axis.
- SylvamominorFeasibility study for SAF production using biogenic CO2 from Sylvamo's paper mill at Saillat-sur-Vienne, Nouvelle-Aquitaine.
- RYAM (Rayonier Advanced Materials)flagshipStrategic collaboration to develop synthetic sustainable aviation fuel (e-SAF) production using biogenic CO2 from RYAM's manufacturing facilities. Initial MoU for Tartas, France project (ReSTart) expanded to include Jesup, Georgia USA project. Verso Energy and RYAM signed Innovation Fund grant agreement March 2026 for ReSTart.
- TrapilminorPartnership for synthetic fuel logistics in France, with Trapil providing specialized expertise in product logistics for aviation and maritime fuel decarbonation.
- HAROPA PORTcoreConvention for industrial hydrogen and synthetic fuel production unit at Grand-Quevilly port zone, securing strategic site for Seine axis e-fuels development.
- Siemens EnergycoreTechnical partner for CarlHYng hydrogen project, providing electrolysis technology implementation for renewable hydrogen production in Carling, Moselle.
- Equans FrancecorePartnership for heavy mobility hydrogen projects, building on previous collaboration for Alp'Hyne and H2BYCOL CEF-funded projects, targeting design optimization and financing for around 10 joint projects.
- CO2 Value EuropeminorAssociation membership supporting CCU innovation, scaling, policy framework development, and industry collaboration for carbon capture and utilization.
- France HydrogèneminorIndustry association membership participating in policy advocacy, including open letter for low-carbon hydrogen eligibility in EU renewable energy directive.
- Teréga SolutionsminorPartnership for renewable hydrogen ecosystem development in France, combining Teréga's infrastructure expertise with Verso Energy's project development capabilities.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Verso Energy competitors and assessment
Company assessmentDirect peers
- Hy2gen: French-based green hydrogen and e-fuels developer producing green hydrogen derivatives including e-SAF and e-methanol for industrial and aviation customers, with comparable project development model and target customers to Verso Energy.
- HIF Global: Chilean-headquartered e-fuels developer building commercial-scale e-SAF and e-gasoline plants using green hydrogen and captured CO2, with global project pipeline in the US and Europe directly competing in the same ReFuelEU-driven market as Verso Energy.
- Norsk e-Fuel: Norwegian e-SAF developer planning commercial Power-to-Liquids plants combining green hydrogen with biogenic CO2, with a similar standardized plant development approach targeting the EU aviation decarbonization mandate as Verso Energy.
- Infinium: US-based e-fuels producer (formerly Greyrock Energy) developing Project Pathfinder and other e-SAF plants using green hydrogen and captured CO2, with comparable Power-to-Liquids technology and aviation customer focus to Verso Energy.
- Lhyfe: French green hydrogen producer operating multiple renewable-powered electrolyzer sites across Europe, supplying industrial and mobility customers with comparable B2B offtake model and target geography to Verso Energy's hydrogen business.
- H2V: French industrial-scale green hydrogen project developer (subsidiary of SAMFI Invest) deploying large electrolysis capacity for industrial decarbonization, with overlapping French geography, customer base, and project pipeline as Verso Energy.
Broad incumbents
- Copenhagen Infrastructure Partners (CIP): One of the largest dedicated renewable energy infrastructure fund managers globally, investing across onshore/offshore wind, solar, Power-to-X, and green hydrogen, with a much broader capital base and project portfolio than Verso Energy but overlapping decarbonization thesis.
- TotalEnergies: Global integrated energy major pursuing large-scale renewable electricity, green hydrogen, and e-SAF investments including at the Grandpuits zero-crude platform; overlaps with Verso Energy on French hydrogen and e-fuels project competition and customer relationships.
- ENGIE: French-headquartered global utility with growing renewable hydrogen and renewable electricity operations across Europe, competing with Verso Energy for French industrial offtakers, EU grants, and Power-to-X project sites.
Emerging players
- Sunfire: Germany-based electrolysis and e-fuels technology company deploying solid oxide electrolyzers and Power-to-Liquids projects, supplying technology to e-SAF developers and partially overlapping with Verso Energy's downstream e-fuel value chain.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Verso Energy social profiles
Digital presenceVerso Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Verso Energy leadership team
Management profileNumber of profiles
Profiles5 records
Verso Energy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Verso Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Verso Energy
What does Verso Energy do?
Verso Energy develops, finances, and operates renewable electricity projects (solar photovoltaic), green hydrogen production facilities (via water electrolysis), and synthetic sustainable aviation fuels and e-methanol (via Power-to-Liquids combining biogenic CO2 with green hydrogen), alongside battery storage solutions for grid flexibility. The company targets industrial decarbonization through long-term offtake agreements with industrial customers (steel, chemicals, aviation, pulp and paper) and secured pipeline access via major European public funding mechanisms.
Is Verso Energy a public or private company?
Verso Energy is a private company. It is classified as venture growth investor backed and is currently operating.
When was Verso Energy founded?
Verso Energy was founded in 2021. It employs 11 to 50 people.
Where is Verso Energy based?
Verso Energy is headquartered in Paris, France, in the Europe region.
How does Verso Energy make money?
Four revenue lines are on record. Renewable Energy Project Development is the primary driver. The others are green Hydrogen Supply Contracts, synthetic Fuel Production (e-SAF) and solar Asset Portfolio.
Who are Verso Energy's main competitors?
Direct peers on record are Hy2gen, HIF Global, Norsk e-Fuel, Infinium, Lhyfe and H2V. Broad incumbents are Copenhagen Infrastructure Partners (CIP), TotalEnergies and ENGIE. Sunfire is listed as an emerging player.
Does Verso Energy have an API?
No public API is recorded for Verso Energy.
What industry is Verso Energy in?
Verso Energy's product category is Clean Energy Infrastructure Development. Its primary akta.pro industry code is EUABAJAC, Hydrogen & Derivative Fuels for Industry (H₂, Ammonia, Methanol), with a secondary code of IMAFALAJ, Energy & Renewables Specialty Contracting (Solar PV, Storage, EV Charging). Its NAICS code is 221114 and its SIC code is 4900.