Announcement – Financial closing of the Picardie Granulation project

Atlante Gestion teams are delighted to announce the successful raising of financing for the Picardie Granulation project.

The founders entrusted Crédit Agricole Brie Picardie and Atlante Gestion with a mandate to arrange project finance (senior and junior debt) of EUR 25 million for the construction of a wood pellet production plant in Chaulnes (80), to produce and sell pellets from locally available resources.

In addition to the equity contribution from the partners, the project has benefited from strong public support, with subsidies fromADEME and the Hauts-de-France Region, financing from Bpifrance, junior debt provided by Atlante Gestion, including a participatory financing component raised through the Enerfip Group platform, and bank debt underwritten by Crédit Agricole Brie Picardie, Arkéa Banque Entreprises et Institutionnels, CIC Nord Ouest, Crédit Mutuel Nord Europe and SG Crédit du Nord.

This high-impact project, with a total investment of EUR 40 million, is designed to make use of the high-quality by-products and related products of local sawmills and forestry operations. It meets the growing demand for wood pellets in the region, while strengthening the regional industrial fabric and creating 31 local jobs.

We would like to thank the legal firm De Pardieu Brocas Maffei for their excellent support.

We would like to express our gratitude to our partners and investors for their trust and commitment!



€61 million

Sociale Infrastructure

Sarthe region

Lead investor in the construction and rehabilitation of four middle schools in the Sarthe region, located in Arnage, Coulaines, Le Mans and Noyen-sur-Sarthe to receive 2,300 students.

The project is in the operation phase since 2019.


The project was subject to carbon assessment. Seeing the results, in end-January 2018, CERTIVA awarded MAINE COLLEGES 72 permanent HQE (high environmental quality) certifications for the “Programme Design” phase for each of the schools. The permanent HQE certification for the “Development” phase was awarded in November 2019 for all the schools.

As of November 2019, MAINE COLLEGES has also been awarded the Effinergie + label. This label testifies to the improvement in the buildings’ energy efficiency in relation to the 2012 Réglementation Thermique (the 2012 Heat Regulation).

Water management

Wastewater is let into the wastewater sewerage systems of the towns concerned.

A rainwater harvesting system is planned for sanitary use, so as to cover 10% of the water requirements for toilet bowls and urinals in the toilet facilities.

Waste management

Implementation of waste segregation.

All materials used in the construction have zero or very low VOC (Volatile Organic Compounds) levels.

Energy efficiency

The schools were equipped with low temperature radiators that require 30% less energy to provide the same thermal comfort given their much larger contact surface with the ambient air.

Ceiling radiant panels that allow a more accurate monitoring of power consumption, have been installed in the canteens.

PV solar panels will be installed horizontally on the roof, covering a total area of 57.12 m2.

The kitchen appliances run on electricity and are equipped with an energy optimiser.


The project complies with contractual commitments in terms of first-time employment, namely 20,000 work hours, and in employing SMBs for which the recruiting rate is 40%.

Asbestos removal and demolition works are carried out during school vacations and the floors are hosed in case of heavy dust.

Instead of a rock-breaker, the alligator crusher is used with rubber mallets to avoid the noise of metal against metal