Christophe Caille, Hervé Lucas, and Pierre de Froidefond, the founding partners of CVE, announced the appointment of Arnaud Réal del Sarte as Deputy Chief Financial Officer as part of the Group’s acceleration and international development. He will be assigned administrative and financial operations, the structuring of corporate financing, and the funding of the Group’s assets in France and abroad. Arnaud will help define CVE’s strategy and will be a member of the strategic committee. He assumed his duties on September 12, 2019.

Arnaud Réal, 55 years old and a father of three, began his career in 1988 at PWC. In 1991, he joined Alcatel where he held different CFO positions for the Group’s divisions in France and Belgium, then became financial controller Group-wide. In 2008, Arnaud joined Technip as Assistant CFO where he was notably in charge of the transformation of the Finance, financial control, and M&A division. In 2015, he was appointed Technip’s Director of Strategy, and as such, oversaw transformative projects for the Group. In 2017, Arnaud joined Onet as Chief Financial Officer. He graduated from ESCP Europe and holds a DSCG degree (formerly DESCF).

“As Christophe has decided to take a step back to devote more time to the foundation he created a year ago, Arnaud is the ideal candidate in terms of experience and skill to take over from Christophe in his operational duties”, the founding partners declared.

CVE, which supports a view of the renewables market based on the decentralization of production and direct energy sales, has grown large in France and abroad in countries where such models can be implemented. Within 5 years, the Group plans to expand its operational and under-construction fleet sixfold to 1.7GWp. By then, more than 50% of its business will be outside France.

“With my partners, we are delighted to welcome Arnaud to CVE. His financial and industrial expertise and experience will be valuable in the deployment of the Group’s strategy, the acceleration of its internationalization, and the scaling-up of our financing operations,” explained Pierre de Froidefond