ADEME Investissement

What ADEME Investissement does

ADEME Investissement is a French public investment vehicle incorporated as a société par actions simplifiée (SAS) and wholly owned by the French State. Created in December 2018 under the Programme d'Investissements d'Avenir (now integrated into France 2030), it was endowed with a €400 million capital envelope to provide equity financing to innovative infrastructure projects in the ecological-transition sector, specifically targeting the "first commercial" and deployment-acceleration phases where private capital is typically scarce. It operates under the supervision of the Secrétariat Général pour l'Investissement and is managed in close partnership with ADEME, the French ecological-transition agency, whose technical and sectoral experts conduct transaction analysis alongside ADEME Investissement's deal team.

The company deploys equity across four strategic pillars: Energy (deep geothermal via Arverne Group and TLS Geothermics, HTR nuclear microreactors via JIMMY, data-center heat recovery via Qarnot Computing, and energy efficiency via SOFIAC France), Sustainable Transport and Mobility (ultra-fast EV charging via Electra, shared mobility via Zeway/Pony/Ecov, urban river logistics via Fludis, and floating offshore wind via a JV with BW Ideol), Circular Economy and Renewable Gas, and Environment & Biodiversity (blue-economy asset leasing via FABIX, organic farming via Neofarm). Investments are made both directly and indirectly (e.g., €52.4M via RGREEN INVEST's INFRAGREEN V fund), typically as co-investments alongside French and European institutional investors (BpiFrance, Mirova, Crédit Mutuel Impact, Société Générale Ventures, Banque des Territoires, Demeter, Fondaction, Eurazeo).

The business model is mission-driven, not commercially optimized: ADEME Investissement generates returns via capital appreciation, dividends, and exits (highlighted by the support of Arverne Group's Euronext Paris IPO in September 2023 and a €701M ORANE bond co-investment in July 2026), but its primary objective is to bridge financing gaps and advance France's energy sovereignty, competitiveness, and ecological-transition goals. Headcount is 1-10 employees, the registered office is in Montrouge with a contact office in Paris, and the leadership team comprises CEO/Directrice générale Karine Merere and Chairman/Président Sylvain Waserman.

Name

ADEME Investissement

Legal name

ADEME Investissement

Website

https://ademe-investissement.fr

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

ADEME Investissement is a 100% French state-owned public investment vehicle (SAS) endowed with €400M under the France 2030 program to provide equity financing to innovative infrastructure projects in the ecological-transition sector, operating in partnership with the ADEME agency.

Ownership category

akta.pro rank

Headquarters

HQ city

Montrouge

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Equity Investment Returns: ADEME Investissement provides equity financing to innovative infrastructure projects and generates returns through capital appreciation, dividends, and successful exits from portfolio companies. As a 100% state-owned entity, its primary objective is to support ecological transition rather than maximize financial returns.

Go-to-market motion1 record

Marketing channels2 records

Core offering

ADEME Investissement is a French public investment company that provides equity financing (fonds propres) to innovative infrastructure projects in the ecological and energy transition sectors during their 'first commercial' or deployment-acceleration phases. With a €400 million endowment from the French State, it co-invests alongside private actors across Energy, Sustainable Transport and Mobility, Circular Economy/Renewable Gas, and Environment/Biodiversity, leveraging technical and sectoral expertise from the ADEME agency.

Product overview

ADEME Investissement is a French public investment company (100% state-owned) that provides equity financing for innovative infrastructure projects in the ecological transition sector, with a €400 million envelope. Rather than offering a unified software product, it operates as an investment vehicle that takes equity stakes in portfolio companies across four strategic sectors: Energy (including geothermal, nuclear micro-reactors, data center heat recovery), Sustainable Transport and Mobility (electric charging, carpooling, river logistics), Circular Economy and Renewable Gas, and Environment and Biodiversity. Key investment products include the INFRAGREEN V fund, SOFIAC France for energy efficiency financing, and direct equity stakes in companies like Qarnot Computing (QBx digital boiler), JIMMY (nuclear micro-reactors), TLS Geothermics (deep geothermal), Electra (charging stations), Fludis (urban river logistics), Neofarm (organic farming), and FABIX (blue economy asset leasing).

Differentiator

Problem solved

Functional benefit

Products and services

• Equity investment in innovative ecological-transition infrastructure projects Equity financing service for companies and project developers building innovative sustainable infrastructure in France and Europe across four sectors: Energy, Sustainable Transport and Mobility, Circular Economy and Renewable Gas, and Environment and Biodiversity. Targeted at project-developer companies in early-commercial or deployment-acceleration stages.

Quantifiable outcome

• Targeting 4 TWh/year of geothermal energy production by 2031-2033 through Arverne Group investment
• +2 more outcomes

Named customers8 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered strategic partner, investment partner, framework program and parent organization.

• GEOGREENstrategic partnerStrategic or Co-development Partner · 2 July 2026Holding company of Arverne founder Pierre Brossollet; RGREEN INVEST's €52.4M investment made GEOGREEN cornerstone investor in Arverne's ORANE bond issuance
• Econoler Inc.strategic partnerStrategic or Co-development Partner · 14 December 2023Strategic partner for SOFIAC France providing energy efficiency expertise and implementation capabilities
• Electrainvestment partnerStrategic or Co-development Partner · 26 January 2023€20M equity partnership supporting Electra's deployment of ultra-fast EV charging stations (>150 kW) targeting independent hotels and retailers in peri-urban areas
• France 2030framework programStrategic or Co-development PartnerADEME Investissement operates within the France 2030 investment program, integrated under the Secretariat for Investment, supporting sustainable innovation from research to industrialization
• ADEMEparent organizationStrategic or Co-development PartnerStrategic partnership with ADEME agency providing access to technical and sectoral experts for investment transaction analysis

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat3 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ademe-investissement
• Xx.com/ADEME_Invest

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments9 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ADEME Investissement