The BPCE International network has developed expertise in financing renewable energy in its regions of operation. In the fourth quarter of 2016, Banque de Nouvelle-Calédonie, Banque de Tahiti, and their parent company BPCE International were involved in financing the construction and operation of a solar power plant in Voh, in the Northern Province of New Caledonia.
As a major player in renewable energy financing, the BPCE International network has funded more than 800 solar, wind, biomass and hydropower plants in the French overseas territories and abroad since 2006, representing total output of 170 MW.
The BPCE International network is also involved at the other end of the energy chain, by contributing to the recycling of waste hydrocarbons. For example, in the Republic of the Congo, BCI – a BPCE International subsidiary – provided financing to allow a newly-formed company, Africa Eco Resp, to purchase an engine oil recycling machine.
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