VALOREM Group is gearing up to secure its future
The renewable energy sector in France is going through a turbulent period. Between a slowdown in project development and persistent legislative instability, the publication of the PPE 3 in February 2026 – following years of parliamentary deadlock – confirmed a scaling back of ambitions in the renewable energy sector. Faced with this uncertain environment, VALOREM is taking decisive action to ensure the Group’s long-term viability and build a solid future, and is strengthening its position with the arrival of Denis Joubrel, the new Chief Financial Officer, from the Michelin Group.
Cost reduction and acceleration in new market segments
VALOREM Group has expanded in recent years with a view to sustained growth in renewable energy in France. The slowdown affecting the sector is leading the Group to adapt to this new dynamic.
The VALOREM Group is reorganising and restructuring with a cost-cutting plan that includes a reduction in overheads and staff numbers, and a reallocation of some of its investments to account for the impact of PPE3.
At the same time, VALOREM aims to capitalise on its expertise to support European electrification, particularly for companies in the industrial and transport sectors. Thanks to its experience and comprehensive expertise (electrical engineering and connection, construction, system management, electricity supply), the Group has, for example, already completed a project for the Grand Port de La Martinique involving the creation of a smart grid, a solar power plant with storage, and the supply of a comprehensive control system. A comprehensive service that enables the port operator to be self-sufficient 50% of the time. The Group has also just announced its focus on the electrification of heavy transport – a major challenge in decarbonisation – by partnering with Paragon Mobility, specialists in mobile and optimised charging stations.
Corentin Sivy, CEO of the VALOREM Group, said: “The energy transition opens up significant development opportunities, but it is taking place within an economic and regulatory environment that demands greater adaptability on our part. To maintain the capacity to support the electrification of end-uses and the decarbonisation of the economy in the long term, VALOREM will focus its resources on the projects that create the most value.”
Denis Joubrel, new Chief Financial Officer from the Michelin Group
VALOREM announces the appointment of Denis Joubrel as Chief Financial Officer (CFO). This strategic appointment strengthens the Group’s Executive Board with leading financial expertise, honed within one of France’s largest industrial groups.
He succeeds Tristan Maes, whose commitment and remarkable contribution over the last ten years the Group salutes, having played a key role in the financial structuring and development of the VALOREM Group.
Denis Joubrel joins VALOREM after a career spanning more than thirty years within the Michelin group, bringing with him solid expertise in managing international growth, mergers and acquisitions, and shareholder relations. His experience in complex industrial environments undergoing significant transformation will be a major asset for the VALOREM Group and its new strategic roadmap.
“I am delighted to be joining the VALOREM Group, a pioneer on its sector. The commitment and expertise of the teams, the know-how and the central role of renewable energy in the electrification of our economies convinced me to be part of this collective adventure. I am proud and determined to make my contribution,” said Denis Joubrel, Chief Financial Officer of the VALOREM Group.