New Energy
Neoen CEO Sees No Post-Election Slowdown in France
- CEO of renewable energy company shrugs off industry worries
- Barbaro says Neoen’s focus on solar means no slowdown expected
Photovoltaic panels at the Cestas Solar Park, operated by Neoen SA, in Cestas, France, in 2023.
Photographer: Nathan Laine/BloombergFrench renewable energy developer Neoen SA expects its growth in the country to continue whatever the outcome of the legislative election on Sunday, Chief Executive Officer Xavier Barbaro said.
Despite projections that Marine Le Pen’s National Rally is set to fall well short of an absolute majority, industry lobby groups have been worried about her far-right party’s campaign to halt development of clean-power projects. But Barbaro shrugged off those concerns, saying any threat to investment would affect wind more than solar.