JIT Solaire, a French specialist player in photovoltaic energy, has received a €3m investment from AXA Private Equity.
Based in the Poitou-Charentes and Rhône-Alpes regions, the company installs turnkey electricity-generating solar systems for individuals, companies and local authorities.
This capital infusion will enable JIT Solaire to accelerate the development of its business of installing solar panels and running power plants for its own account.
Commenting on the financing, founding directors of the company Jérôme Bailleul and Franck Braudel said: “We are delighted to have AXA Private Equity on board, helping us in our plan to combine profitable growth and sustainable development”.
FinSMEs
13/09/2010