Albioma

What Albioma does

Albioma is a French independent renewable energy producer, founded in 1992 and headquartered in La Défense, Paris, with approximately 768 employees. It generates electricity from three renewable technologies: biomass thermal (primarily bagasse cogeneration and coal-to-biomass converted plants), solar photovoltaic, and geothermal. Its historical core is in the French overseas territories — Reunion, Guadeloupe, Martinique, Mayotte, French Guiana, and Saint-Martin — where it operates long-term Power Purchase Agreements and concessions that make it a structural baseload supplier to insular grids.

The company's business model is built on regulated, multi-decade offtake contracts with local utilities and grid operators, combined with co-located or vertically integrated biomass supply partnerships (notably with sugar producers such as Rivière du Mât in Reunion). It monetizes generation through tariffs indexed to local energy costs, with ancillary revenue from ancillary services such as the bioethanol peaker plant that provides grid balancing. Albioma also generates from solar PV plants and geothermal assets, and has expanded into metropolitan France, Brazil, Turkey, Mauritius, Australia, Canada, and the United States.

Since being taken private by KKR (through Kyoto BidCo SAS) in October 2022, Albioma has pursued an active expansion strategy, including the June 2026 €550M US Private Placement, the July 2026 acquisition of Archer Forest Products (a US wood pellet facility), and earlier moves into Turkey geothermal and Eneco France. The group combines utility-scale renewable generation with downstream biomass-fuel supply, positioning it as an integrated renewable IPP rather than a pure-play power producer.

Name

Albioma

Legal name

Albioma S.A.

Website

https://albioma.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Albioma is a French independent renewable energy producer (biomass, solar, geothermal) serving regulated utility customers primarily in French overseas territories, with growing operations in Brazil, Turkey, and the United States.

Ownership category

akta.pro rank

Product category

Independent Renewable Power Generation

NAICS

Biomass Electric Power Generation (221117), Electric Power Generation (22111)

SIC

Cogeneration Services & Small Power Producers (4991), Electric Services (4911)

akta.pro primary industry

Biomass CHP & Cogeneration Plants (Industrial & Utility) (EUAAAGAA)

akta.pro secondary industries

Forestry & Wood Waste Biomass Power (Sawmill Residues, Black Liquor) (EUACAIAG), Biomass Plant Operations, Maintenance & Performance Services (O&M) (EUAAAGAI), Biofuels & Renewable Fuels Switching (Biomethane/RNG, Bio-oils, Sustainable Biomass) (EUABAJAD)

Keywords

• Renewable energy generation
• Biomass power plants
• Solar photovoltaic energy
• Geothermal power generation
• Biomass cogeneration services

Headquarters

HQ city

La Défense

HQ country

France

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D

Revenue model

1. Electricity generation and sales: Albioma generates electricity from biomass, solar, and geothermal power plants and sells electricity to utilities and energy markets. Revenue comes from electricity production across multiple plant locations in French overseas territories, Brazil, Turkey, and other regions.
2. Steam and energy services to sugar industry: Exchange arrangement with sugar industry partners where Albioma receives bagasse supply and provides steam and electricity for sugar production processes.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Albioma independently generates and sells renewable electricity from biomass thermal power plants (using bagasse, wood pellets, and other biomass), solar photovoltaic installations, and geothermal power plants. It also operates bioethanol-fuelled peaking turbines and gas turbines, and supplies process steam and electricity to sugar industry partners under a cogeneration exchange model. The company sells electricity directly to utilities, grid operators, and industrial partners under long-term power purchase agreements and regulated concessions.

Product overview

Albioma is an independent renewable energy producer operating a portfolio of three main renewable energy products: biomass thermal power plants, solar photovoltaic systems, and geothermal energy facilities. The company operates as a unified renewable energy platform with power generation assets across multiple geographies including French overseas territories, Brazil, Turkey, and other regions. Albioma's biomass plants often integrate with sugar industries through bagasse recovery partnerships. The company also operates complementary assets including bioethanol peaking plants and combustion turbines for grid stability.

Differentiator

Problem solved

Functional benefit

Products and services

• Biomass Thermal Power Plants Thermal biomass power generation facilities that burn biomass (bagasse from sugar cane, wood pellets, local biomass) to produce renewable electricity. Albioma has established unique partnerships with sugar industries based on recovering bagasse, a fibrous residue from sugarcane processing, and supplies process steam and electricity back to sugar mills.
• Solar Photovoltaic Energy Photovoltaic solar power generation across multiple sites in French overseas territories and metropolitan France. Since 2006, Albioma has been the leading producer of solar energy in Overseas France, leveraging ideal annual sunshine conditions.
• Geothermal Energy Geothermal power plants that extract heat from below the earth's surface and convert it to electricity. Albioma operates geothermal facilities in Turkey (Gümüşköy and Kuyucak) with 24/7 baseload availability at 98–99%.
• Bioethanol Peaking Power Plants Peaking combustion turbine power plants that run partly on bioethanol, produced by distilling molasses from sugar cane. The Saint-Pierre plant in Réunion is the world's first such facility, providing a local commercial outlet for surplus molasses.
• Combustion Turbines (Gas Turbines) Gas turbine power generation units used for peak electricity demand periods and grid stability. Albioma operates combustion turbines in multiple locations including Martinique (Galion).
• Wood Pellet Production (Archer Forest Products, Georgia, USA) Industrial-scale wood pellet production facility in Georgia, USA, with annual capacity of 180,000 tonnes, supporting Albioma's biomass fuel supply chain for power generation.

Quantifiable outcome

• Reduces island greenhouse gas emissions by 40% through coal-to-biomass conversion
• +3 more outcomes

Named customers3 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

Feature3 records

Partnerships

Four partnerships are on record, tiered minor and core.

• ONF (Office National des Forêts - France)minorStrategic or Co-development Partner · 1 January 2021Partnership with France's national forestry office to develop the local fuelwood industry, creating new local jobs and reducing imported biomass dependency for power generation.
• Foundation for Research on BiodiversityminorStrategic or Co-development Partner · 1 January 2021Partnership through an 'action club' devoted to Overseas France, supporting biodiversity mapping projects in each overseas territory.
• Rivière du Mât distilleryminorStrategic or Co-development Partner · 1 January 2019World's first peaking combustion turbine running partly on bioethanol produced by distilling molasses from sugar cane grown on Reunion Island. Provides local commercial outlet for surplus molasses.
• Sugar industry (bagasse partners)coreStrategic or Co-development Partner · 1 January 1992Albioma has developed a unique 25+ year partnership with the sugar industry, recovering bagasse (fibrous sugarcane residue) from sugar cane processing. In exchange for bagasse supply, Albioma provides partner sugar mills with steam and electricity needed for their production processes. This virtuous circular economy model protects the sugar cane industry representing thousands of jobs in French overseas regions.

Scale indicators16 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Engie: French global energy utility with extensive renewable generation worldwide including biomass and geothermal. Overlaps Albioma in French overseas territories, biomass technology, and large-scale utility offtake relationships, but operates across a much broader portfolio.
• Veolia Environnement: Global environmental services company with energy-from-waste and biomass operations. Comparable to Albioma in converting biological and waste feedstocks into energy, particularly in overseas and island contexts where Veolia also operates.
• EDF (Électricité de France): French state-controlled utility and primary electricity offtaker in many of the same French overseas territories where Albioma operates. Functions as both incumbent competitor (in renewables) and counterparty (grid offtake), making it a structural peer in the same regulatory environment.

Direct peers

• Innergex Renewable Energy: Canadian renewable IPP with hydro, wind, solar, and biomass generation. Comparable multi-technology renewable platform with long-term PPAs — relevant peer to Albioma's diversified generation model and Canadian (Biomasse du Lac Taureau) footprint.
• Voltalia: French independent renewable energy producer operating biomass, solar, wind, and hydro across multiple geographies including French overseas territories. Closely comparable to Albioma in technology mix, customer profile (utilities and grids), and French overseas footprint.
• Ormat Technologies: US-Israeli geothermal power developer and equipment manufacturer with global operations including Turkey. Direct comparable to Albioma's Gümüşköy and Kuyucak geothermal plants in Turkey, both targeting baseload renewable generation in similar geographies.
• Enviva: Largest global producer of industrial wood pellets, primarily supplying UK and European biomass power generators including Drax. Directly comparable to Albioma's Archer Forest Products (Georgia, USA) pellet facility as a producer of biomass fuel for power generation.
• Boralex: Canadian renewable IPP operating wind, solar, hydroelectric, and biomass assets across North America and Europe. Comparable to Albioma as a multi-technology IPP with a regulated/contracted offtake model and similar asset scale.
• Raízen: Brazilian sugarcane processor and largest producer of ethanol and sugar with significant biomass cogeneration capacity from bagasse. Direct peer to Albioma's Brazilian cogeneration business model — recovers bagasse from sugar mills to generate electricity sold to the grid.
• Drax Group: UK-listed biomass power producer (and major wood pellet producer via Pinnacle Renewable Energy). Comparable as a biomass-fuelled electricity generator with integrated upstream pellet manufacturing — closely paralleling Albioma's thermal biomass model and Archer Forest Products pellet facility in Georgia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Albioma
• Facebookfacebook.com/albioma
• LinkedInlinkedin.com/company/albioma
• Instagraminstagram.com/wattup_albioma

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A2 records

Investments

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

Frequently asked questions about Albioma