Background:

Dijon Métropole launched a first-of-its-kind energy partnership in France, seeking a private partner to co-develop renewable energy projects and help reduce its carbon emissions by 40% by 2030 (compared to 2010 levels). Following a tender process, Dijon Metropole selected Meridiam in July 2024 as the development and investment partner to support its energy transition strategy.
A strategic public-private joint venture (SEM Energies de Dijon Métropole) is designed to accelerate the city’s energy transition projects. Meridiam will invest as majority shareholder in project-specific companies for priority projects including ground-mounted solar and biomass heating assets.

Status:

In development

ESG Matters:

The Project is aligned with the following TURF’s resilience objectives:
• Climate change mitigation: The project will reduce both the use of fossil fuels in the city and the carbon emissions linked to energy consumption in the metropolitan area
• Resilience of the city to long term climate hazards and other disruptions: Creation of a local energy mix, ability to resist to acute or chronic stresses
• Social, economic, and environmental benefits beyond direct impact of the Project: Local wood supply would reduce market exposure on energy price – while in the current situation the urban heating network is highly dependent on natural gas importations – and will provide affordable energy to all inhabitants in the metropolitan area.

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