Omnes Capital and the ETPO Group are creating ETPOMNIA, with the objective of financing the construction of 50,000 sq. m of high energy efficiency real estate projects in the Nantes region.

Omnes Capital, through its Construction Energie Plus fund, has set up a strategic partnership with the ETPO Group through a joint subsidiary, ETPOMNIA.

With the partnership, the ETPO Group and Omnes Capital aim to develop 50,000 sq. m of high-energy efficiency commercial real estate projects in the next five years, primarily in the Nantes region. Six projects in line with the fund’s investment criteria have already been identified and are under development.

Construction Energie Plus is backed by Pro BTP with €50 million, and has a target size of €100 million. The fund finances the construction or renovation of high energy efficient public- and private-sector buildings in France’s main cities. To this end, technical specifications drafted by Omnes Capital set out the expected environmental performance targets and the process for selecting projects. The overall objective of the fund is to develop a total capacity of 500,000 sq. m.

The ETPO Group or CIFE is a century-old construction company with a 630-strong workforce and annual revenue of over €150 million. Active mainly in western France, the ETPO Group stands apart through its top-flight technical abilities and high-performance construction processes inspired by industrial methods, such as TAKT.

Commenting, Serge Savasta, Managing Partner, Omnes Capital, said : “The ETPO Group possesses proven construction expertise, particularly in complex structures, and has been present locally for a century. Enabling us to roll out high energy efficiency projects in the Nantes region alongside an emblematic company, the partnership will allow us to contribute to local and regional development and France’s energy transition.”

Pierre Champy, ETPO Group, said : “Omnes Capital is a major player in infrastructure. Our partnership in high energy efficiency buildings is aimed at developing projects that exceed current standards. In office spaces, for example, we are seeking to combine environmental performance and workplace well-being through well thought-out design and location choices. Our objective is to strengthen the Group’s proximity with its public- and private-sector customers by bringing them turnkey construction solutions through our real estate subsidiary ETPO RED together with ETPOMNIA.”