AVERGIES

What AVERGIES does

AVERGIES is a French Société d'Économie Mixte Locale (SEM) — a public-private local economic company — founded on April 29, 2019 and headquartered at 19 rue Pontarique, Agen (Nouvelle-Aquitaine). It was created by Territoire d'Énergie Lot-et-Garonne (TE47), the department-level energy syndicate covering 319 communes and sole organizing authority for electricity distribution in Lot-et-Garonne, which holds 85% of shares alongside minority partners SÉOLIS Prod, Caisse d'Épargne Aquitaine Poitou-Charentes, and Crédit Agricole Aquitaine. The company employs approximately 14 people (5 listed on its operational team plus supporting staff) and operates with equity capital that has grown from €5.3M at inception to over €24.6M following a June 2022 doubling and a March 2025 €14.6M capital increase.

AVERGIES develops, finances, builds, and operates renewable energy installations across solar photovoltaic (rooftop from 500 m², ground-mounted parks, floating solar on water bodies such as former gravel pits, and parking-lot canopies called 'ombrières solaires'), agricultural biogas/methanization (with a stated 2050 target of 50 methanizers to supply 50% of local gas demand), BioGNV (biomethane vehicle fuel) refueling stations, wood-fired boilers for district heating, plus exploratory work in hydroelectricity, wind, and green hydrogen. Its technology stack is physical-asset-heavy: the firm co-invests in mid-scale solar parks (e.g., 15 MW Réaup-Lisse with Neoen, ~€12M; 4.8 MWc LONGHI floating solar with Amarenco; 13-hectare Monflanquin solar-on-landfill with Valorizon at ~€10M) and runs BioGNV stations at Villeneuve-sur-Lot (with SEVEN Occitanie, opened September 2020) and Damazan (with Nature Gaz/Groupe Pujol, opened April 2021).

The revenue model combines (i) energy production and sale (electricity to the grid via EDF/OA contracts or directly to consumers via on-site self-consumption), (ii) BioGNV fuel sales at approximately €1.20/kg with multi-year price locks, (iii) project equity returns from majority or minority stakes in co-developed projects (ranging from 15% in Center Parcs wood boiler to 49% in LONGHI to 47.5% in Réaup-Lisse), and (iv) managed services spanning design, financing, construction, and operation for solar rooftops and canopies. Go-to-market is sales-led through direct engagement with the 319 communes, agricultural collectives (via the Co'meth 47 program), private businesses with large roof/parking assets, and transport fleet operators (targeting 20+ vehicle fleets). The customer base is exclusively regional — Lot-et-Garonne, adjacent Landes, and the broader Nouvelle-Aquitaine region via the TÉMOB multi-energy station network co-founded with 14 energy syndicates in September 2021.

Name

AVERGIES

Legal name

AVERGIES

Website

https://avergies.fr

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

AVERGIES is a French local public-private energy company (SEM) created in 2019 by Territoire d'Énergie Lot-et-Garonne to develop, finance, build, and operate solar, biogas, BioGNV, and wood-energy installations serving the department's 319 communes, farmers, businesses, and transport fleets.

Ownership category

akta.pro rank

Product category

Renewable Energy Development and Operation

NAICS

Solar Electric Power Generation (221114), Biomass Electric Power Generation (221117), Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric Services (4911), Electric, Gas & Sanitary Services (4900), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB)

akta.pro secondary industries

Biofuel Plant EPC, O&M & Process Technology Providers (EUAAAHAK), Biofuels & Renewable Fuels Switching (Biomethane/RNG, Bio-oils, Sustainable Biomass) (EUABAJAD), Site Preparation & Civil Works (Clearing, Grading, Earthworks, Roads) (EUAMAFAA)

Keywords

• Renewable energy development
• Solar photovoltaic installations
• Biogas methanization
• BioGNV fueling infrastructure
• Local public energy company

Headquarters

HQ city

Agen

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Renewable Energy Production and Sale: AVERGIES develops, finances, builds, and operates renewable energy installations (solar, biogas, BioGNV) and sells the electricity or gas produced to the grid or directly to consumers
2. Investment and Co-Investment: Takes equity stakes in projects it develops (majority or minority positions) and generates returns through project ownership and energy sales
3. Solar Rooftop and Canopy Services: Design, financing, construction, and operation of solar installations on rooftops and parking canopies for public and private building owners
4. BioGNV Station Operation: Operates network of BioGNV fueling stations for vehicle fleets, generating revenue from fuel sales

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

AVERGIES develops, finances, builds, and operates renewable energy installations including solar photovoltaic (rooftop from 500 m², ground-mounted, floating, and parking canopies), agricultural biogas/methanization units producing biomethane, BioGNV refueling stations for heavy-duty vehicle fleets, and wood-fired biomass heating systems. The company takes equity stakes in these projects and generates returns by selling the produced electricity, biomethane, BioGNV fuel, or heat to the grid, fleet operators, or directly to consumers. It serves local authorities, farmers, private businesses, and transport operators across the Lot-et-Garonne department in Nouvelle-Aquitaine, France.

Product overview

AVERGIES is a Société d'Économie Mixte Locale (public-private local company) created in 2019 by Territoire d'Énergie Lot-et-Garonne. It operates as a renewable energy developer and operator offering a broad portfolio of clean energy products and services across multiple technologies. The core offering spans solar photovoltaic energy (rooftop, ground-mounted, floating, and solar parking canopies), biogas/methanization (agricultural biomethane production), BioGNV/GNV mobility (network of fueling stations for commercial and municipal fleets), and wood-fired heating. The company also develops hydroelectric, wind, and green hydrogen projects to provide a complete energy mix for Lot-et-Garonne. AVERGIES develops, finances, builds, operates, and sells energy produced from these installations, working alongside local authorities, farmers, and private partners.

Differentiator

Problem solved

Functional benefit

Brands

• TÉMOB: Regional network of sustainable mobility stations (BioGNV, electric, hydrogen) across Nouvelle-Aquitaine launched by 14 energy syndicates and local public companies.
• Ombrières Solaire 47
• Co'meth 47

Products and services

• Énergie Solaire (Solar Energy) Development, financing, construction, and operation of solar photovoltaic installations including rooftop solar (from 500 m²), ground-mounted solar farms, floating solar plants on water bodies, and solar parking canopies (ombrières). Designed for local authorities, agricultural cooperatives, and private building owners seeking on-site renewable production and self-consumption.
• Biogaz / Méthanisation (Biogas / Methanization) Agricultural methanization units that valorize organic matter to produce biomethane (renewable gas) and organic fertilizers. Targeted at farmer collectives and agricultural cooperatives, with a target of 50% of local gas consumption by 2050 and 5 to 8 agricultural units by 2025.
• GNV et BioGNV (Natural Gas Vehicle and Biomethane Vehicle) Development of a departmental network of GNV/BioGNV fueling stations for heavy-duty vehicles (trucks, buses, utility vehicles), produced locally via methanization. Includes the Mobi'ogaz 47 program for fleet conversion. Targets fleet operators of 20+ heavy vehicles, waste collection trucks, and municipal bus fleets.
• Bois Énergie (Wood Energy) Construction and operation of wood-fired boilers to provide decarbonized heat solutions for collective infrastructure. Designed for large tourism, municipal, and industrial sites requiring heat decarbonization.
• Hydroélectricité (Hydroelectricity) Study and investment in hydroelectric resources in the Lot-et-Garonne department for renewable electricity generation. Part of the broader renewable energy mix offered by AVERGIES.
• Éolien (Wind Energy) Study and development of wind energy projects in favorable wind territories within the department, complementary to solar energy as part of the broader renewable mix.
• Hydrogène Vert (Green Hydrogen) Future energy vector considered for development as part of AVERGIES's broader renewable energy mix. Listed as a core product category on the company's website for current and future development.

Quantifiable outcome

• 20 GWh/year production from Réaup-Lisse park equivalent to 8,000 inhabitants' consumption
• +3 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

15 partnerships are on record, tiered core and minor.

• TENAQ / TEMOB NetworkcoreStrategic or Co-development Partner · 28 September 2021Regional network of 14 energy syndicates and public companies in Nouvelle-Aquitaine launching multi-energy station network (BioGNV, green electricity, green hydrogen). 12 stations planned by end 2022, 20-25 by 2025. AVERGIES participates as founding member.
• ValorizoncoreStrategic or Co-development Partner · 1 August 2021Partnership to invest ~€10 million in 13-hectare solar plant on former waste storage site (ISDND) at Monflanquin. Will produce equivalent to 11,000 inhabitants' electricity consumption.
• SEM ALBRETminorStrategic or Co-development Partner · 2 July 2021New SEM created by Albret Communauté with AVERGIES as private shareholder. Objective is to implement energy transition and Positive Energy Territory initiative. AVERGIES provides expertise and acts as operational partner.
• AmarencocoreStrategic or Co-development Partner · 1 December 2020Leading French independent photovoltaic producer. Co-investor in floating solar park at Montpezat-d'Agenais (LONGHI project, 4.8 MWc). AVERGIES holds 49% stake. First floating solar installation in Lot-et-Garonne.
• Nature Gaz (Groupe Pujol)coreStrategic or Co-development Partner · 1 September 2020BioGNV station partner for Damazan Confluent station. Project led with AVERGIES; Nature Gaz handles station development and operation. Station opened April 2021, designed for up to 40 heavy vehicles daily.
• Engie Solutions / CofelycoreStrategic or Co-development Partner · 1 February 2020Joint venture in wood boiler project for Center Parcs des Landes de Gascogne. Cofely as majority partner, AVERGIES as minority investor alongside Alliance Forêt Bois. Project won public procurement for decarbonated heating.
• SEVEN OccitaniecoreStrategic or Co-development Partner · 1 February 2020Partner for BioGNV station development and operation. Co-invested in Villeneuve-sur-Lot station (opened September 2020). SEVEN handles station maintenance and operation, AVERGIES manages commercial development.
• NeoencoreStrategic or Co-development Partner · 1 January 2020Leading French independent renewable energy producer. Co-developer and co-investor in Réaup-Lisse solar park (15 MW, 7.5 hectares). AVERGIES holds 47.5% stake. Neoen develops, AVERGIES co-finances.
• See You SuncoreStrategic or Co-development Partner · 1 July 2019Solar shade structure company. Joint venture created: SAS Ombrières solaires du 47 to develop, build, and operate solar canopies across parking lots in Lot-et-Garonne. Multiple installations completed (Montesquieu, Puymirol, Nérac, etc.)
• Territoire d'Énergie Lot-et-Garonne (TE47)coreStrategic or Co-development Partner · 29 April 2019Parent public authority and majority shareholder holding 85% of AVERGIES shares. Created the SEM to develop renewable energy projects across all 319 communes of Lot-et-Garonne. TE47 is the sole organizing authority for electricity distribution in the department.
• Alliance Forêt BoiscoreStrategic or Co-development PartnerForestry cooperative providing wood fuel supply and wood chip production platform near Center Parcs site for the wood boiler heating project
• ArcBiogazminorStrategic or Co-development PartnerBiogas specialist partner supporting agricultural methanization project development in Lot-et-Garonne
• Co'meth 47 ProgramcoreStrategic or Co-development PartnerCollective agricultural methanization program launched 2019 by Territoire d'Énergie 47. AVERGIES participates as investor in farm methanizer projects (Méthalbret, Métha-Alliance, Villeréal Biogaz). Target of 5-8 agricultural units by 2025, 50 by 2050.
• FiageocoreChannel Partner/ Reseller/ DistributorCoach operator converting 140-vehicle fleet to BioGNV. First bus operating since 6 months. Acquired 3 new vehicles (33-59 seats). Also partnered for solar canopies at new headquarters.
• STFVminorChannel Partner/ Reseller/ DistributorRefrigerated transport company operating first 100% gas heavy-duty trucks refueling at Villeneuve-sur-Lot BioGNV station

Scale indicators12 records

Recent moves9 records

Expansion highlights6 records

Market position

Strengths5 records

Weaknesses3 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/avergies
• LinkedInlinkedin.com/company/avergies

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about AVERGIES