Nantes, France-based renewable energy company Lhyfe, announced that it has raised €50M in its Series A round of funding. The development comes just as Lhyfe inaugurated its first production site in Bouin, Vendee.
CEO & founder of Lhyfe, Matthieu Guesne says, “A year after laying the foundation stone, we are extremely proud to be launching this site, which is symbolic of course for us, but also for what it represents for the energy transition. Our gratitude goes to our five initial partners, who have made this “mad” project to change our energy model possible. Now we have succeeded in this first step, we are ready to move faster.”