Coriance
HCOB provided EUR 50 million for the investment and growth financing of Coriance.
Development of urban heating and cooling networks
District heating and cooling networks powered by renewable energies are sustainable solutions that make it possible to generate large sources of energy with very low CO₂ emissions.
Project details
Coriance is the third largest district heating and cooling provider in France with a portfolio of over 40 networks. The company builds, develops and operates urban heating and cooling networks that are supplied locally and predominantly by renewable energies. HCOB is providing 50 million euros for Coriance’s investment and growth financing.
Key facts
|
Volume |
EUR 605 million |
| HCOB participation | EUR 50 million |
| Tenor | 7 years |
| Number of networks | 43 (District heating & cooling) |
| Network length | 530 km, coverage of 225,000 households |
| Thermal production capacity | >1.8 GW |
We are delighted to support the further growth of an important player in the energy transition in France.
Inka Klinger, Head of Project Finance
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