Exeltium

Exeltium is a virtual power station, purchasing base-load energy from EDF and selling it under a mirroring contractual arrangement to a consortium of 27 large French industrial companies. The business was set up in 2005 as a means of securing the long-term supply of power at predictable prices. The EUR 25 million investment closed in two phases in June and August 2015 across both senior and junior tranches (EUR 20 million senior + EUR 5 million junior).