SOPER HOLDING

What SOPER HOLDING does

Soper Holding is a privately held French group, founded in 1998 by renewables pioneer Jean-Michel Germa and headquartered in Paris with operations centered in Montpellier. The company operates as a holding vehicle managing more than €300 million of assets across two divisions: an industrial division and a financial division. The industrial division comprises two wholly-owned subsidiaries, MGH Energy and Sunti. MGH Energy develops renewable synthetic fuels (e-methanol and e-kerosene, classified as RFNBO) projects for maritime and aviation decarbonization, integrating renewable electricity, green hydrogen via water electrolysis, and CO2 capture. Sunti develops, finances, constructs and operates photovoltaic power and heating plants, including agrivoltaic solutions adapted to livestock, arboriculture, viticulture, market gardening and cereals, as well as ground-mounted and floating solar assets. The financial division manages real estate (via ENRh) and listed/unlisted financial investments (via Soper Invest). The group also controls MGH Energy Maroc, founded in 2023 to develop the Janassim e-fuels project in Morocco. Go-to-market is direct B2B project development with industrial clients, local authorities, and agricultural operators across France, Morocco, Indonesia and Australia; pricing is quote-based on capital-intensive renewable and e-fuels projects. Headcount is approximately 50 employees across the group, with no institutional VC or PE backing; ownership remains concentrated with the founder.

Name

SOPER HOLDING

Legal name

SOPER

Website

https://soper.fr

Company type

Private

Founded year

1998

Operating status

Operating

Short description

Soper Holding is a privately held French group managing €300M+ in assets through two industrial subsidiaries — MGH Energy (renewable synthetic fuels for maritime and aviation) and Sunti (photovoltaic and agrivoltaic projects) — plus a financial division (ENRh real estate, Soper Invest).

Ownership category

akta.pro rank

Product category

Renewable Energy Holding & Project Development

NAICS

All Other Financial Investment Activities (52399), Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investors, Nec (6799), Petroleum Refining (2911), Investment Advice (6282)

akta.pro primary industry

Energy & Sustainability / Climate Growth Equity (FSANACAG)

akta.pro secondary industries

Energy Storage Components for Renewables Manufacturing (BESS Packs, PCS, Thermal Management) (EUAMAHAI), Energy Storage & Microgrid Electrical Infrastructure (BESS, Controls) (IMAFAHAE)

Keywords

• Renewable energy projects
• Photovoltaic solar development
• Synthetic fuel production
• Agrivoltaic solutions
• Private equity investments

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Industrial Activities - Renewable Energy: Revenue from development, financing, construction and operation of renewable energy assets including photovoltaic power plants, agrivoltaic solutions, and solar heating systems for industry and local authorities.
2. E-fuels / Synthetic Fuels Production: Revenue from production and commercialization of renewable synthetic fuels (e-methanol, e-kerosene) dedicated to maritime and aviation sectors. Includes storage and marketing of RFNBO (Renewable Fuels of Non-Biological Origin) fuels.
3. Real Estate Investment (via ENRh): Real estate investments and property management through subsidiary ENRh.
4. Financial Markets Investment (via Soper Invest): Investments in financial markets (equities and bonds) and non-listed investments (direct holdings and private equity funds) through subsidiary Soper Invest.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

SOPER HOLDING is a French private holding company founded in 1998 that manages approximately €300 million in assets across two divisions. The industrial division develops renewable energy projects through wholly-owned subsidiaries MGH Energy (renewable synthetic fuels/e-fuels for maritime and aviation) and Sunti (photovoltaic solar electricity, solar heating, and agrivoltaic solutions). The financial division manages real estate investments via ENRh and private equity/financial market investments via Soper Invest.

Product overview

SOPER HOLDING is a holding company managing approximately €300 million in assets across two divisions: an industrial division and a financial division. The industrial division comprises two wholly-owned subsidiaries: MGH Energy (developing renewable synthetic fuels for maritime and aviation transport) and Sunti (developing photovoltaic solar projects including agrivoltaic solutions). The financial division manages investments through Soper Invest (private equity and non-listed investments) and ENRh (real estate). The group also includes MGH Energy Maroc, developing e-fuels projects in Morocco.

Differentiator

Problem solved

Functional benefit

Products and services

• MGH Energy Subsidiary specializing in the decarbonization of maritime and air transport through the development of renewable synthetic fuels (e-methanol, e-kerosene) production projects in France and internationally, including green hydrogen production by water electrolysis, CO2 capture, and fuel synthesis.
• Sunti Subsidiary specializing in photovoltaic solar energy, developing, financing, building and operating solar power and heating plants including ground-mounted and floating photovoltaic installations and agrivoltaic solutions adapted for agricultural activities (livestock, arboriculture, viticulture, market gardening, cereals) and protective shading.
• Soper Invest Subsidiary managing non-listed investments including direct holdings and private equity funds, alongside financial market investments (equities and bonds).
• ENRh Subsidiary managing the group's real estate investments, property management and asset valorization activities.
• MGH Energy Maroc Subsidiary developing the Janassim project for renewable synthetic fuel production in the Dakhla-Oued Ed-Dahab region of Morocco, as part of the Morocco Hydrogen Offer, targeting transformation of Morocco into a key player in the energy transition.

Quantifiable outcome

• 815,000 MWh/year renewable electricity production (historical - La Compagnie du Vent)
• +1 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core and flagship.

• Nataeej (Driss Benhima)coreStrategic or Co-development Partner · 1 January 2023Co-founding partnership for MGH Energy Maroc, a subsidiary developing synthetic fuels production projects in Morocco. Driss Benhima is former Moroccan Minister of Energy and Transport and Wali of Greater Casablanca. MGH Energy Maroc is developing the Janassim project in Dakhla-Oued Ed-Dahab region.
• Académie de MarineflagshipStrategic or Co-development Partner · 1 January 2020Joint creation of the Maritime Energy Transition Prize (Prix TEM) in 2020 to raise public awareness and support initiatives promoting energy transition within the maritime industry. The prize rewards individuals or organizations taking decisive action in maritime decarbonation.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• HIF Global: Chile-based e-fuels company developing e-methanol and e-gasoline from green hydrogen at industrial scale. Comparable to MGH Energy as a focused emerging player in the synthetic fuels value chain.

Broad incumbents

• Engie: Global utility and the acquirer of the founder's prior company La Compagnie du Vent (now Engie Green). Operates overlapping renewables, e-fuels and storage capabilities but at vastly greater scale and as part of a much broader portfolio.
• Iberdrola: One of the world's largest renewable energy developers (wind, solar, storage, green hydrogen) with global operations. Comparable to Soper's industrial division on renewables and to MGH Energy on green hydrogen ambitions.
• EDF Renewables: Renewable energy arm of French utility EDF, developing and operating solar, wind and storage projects globally. Competes with Soper/Sunti in French and international renewable project tenders.
• TotalEnergies: Global oil major investing heavily in renewable electricity and e-fuels (e-methanol, e-kerosene, SAF) for maritime and aviation. Directly competes with MGH Energy's synthetic fuels strategy from a vastly larger capital base.

Direct peers

• Akuo Energy: Independent French renewable energy developer active in solar, wind, storage and agrivoltaic projects across Europe and emerging markets. Directly comparable to Soper/Sunti, including on agrivoltaic offerings.
• Neoen: Independent French renewable energy producer operating solar, wind and storage assets across multiple continents. Highly comparable to Soper/Sunti as a French-headquartered independent IPP with international development ambitions.
• Voltalia: French renewable energy IPP developing, financing, building and operating solar, wind, hydro and biomass projects globally. Closely mirrors Soper/Sunti's integrated project lifecycle model and customer base.
• HDF Energy: French company developing large-scale hydrogen and renewable energy infrastructure, including Power-to-X projects. Highly comparable to MGH Energy on the e-fuels / green hydrogen side of Soper's business.
• Qair: French independent renewable energy developer and operator (wind, solar, storage, green hydrogen) with international operations. Comparable as a French-headquartered independent IPP pursuing renewables plus emerging green molecules.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/soper

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 SOPER HOLDING