PAU, France--(BUSINESS WIRE)--Regulatory News:<\/p>
\nArverne (FR001400JWR8 - ARVEN),<\/b> the leading French supplier of geothermal solutions<\/b>, announces that it has been informed of a plan by Pierre Brossollet, founder and CEO of Arverne, to strengthen his position as the Company\u2019s principal shareholder through a partnership with INFRAGREEN V, a fund managed by RGREEN INVEST, a French asset management company specializing in strategic infrastructure supporting Europe\u2019s energy sovereignty and competitiveness.<\/p>
\nAgainst a backdrop that is particularly supportive of geothermal energy in France and Europe\u2014where energy sovereignty, decarbonization and industrial competitiveness have become strategic priorities\u2014Arverne occupies a unique position across the entire value chain. This partnership project between the founder and RGREEN INVEST would enable Arverne to reach a new milestone in its growth trajectory and accelerate the deployment of geothermal energy in France.<\/p>
\nThe transaction would follow the acquisition of minority stakes held by long-standing shareholders, consistent with their original investment rationale. In addition to realizing a significant capital gain, these shareholders will enable the founder to strengthen his position as reference shareholder while preserving substantial upside potential in light of Arverne\u2019s growth prospects.<\/p>
\nThe increase in shareholding would be carried out through Geogreen, into which INFRAGREEN V would subsequently invest. Geogreen would then become a joint holding company to which the founder would contribute all of the Arverne shares he currently holds1<\/sup>, while retaining majority ownership2<\/sup>.<\/p> \nCompletion of this investment remains subject to the fulfilment of certain conditions precedent, including Geogreen\u2019s off-market acquisition of blocks of Arverne shares under the conditions described above.<\/p> \nSubject to the fulfilment of these conditions, Geogreen would become the lead subscriber to the planned ORANE issuance, with an investment of \u20ac37 million, bringing the total transaction amount to \u20ac70 million, taking into account the previously announced commitments from Bpifrance and existing investors Eiffel Essentiel, ADEME Investissement, and Cr\u00e9dit Mutuel Equity.<\/p> \nFurthermore, the memorandum of understanding between Arosco and INFRAGREEN V provides for the appointment of a director designated by RGREEN INVEST to represent Geogreen on Arverne\u2019s Board of Directors. Completion of the transaction is expected no later than July 17, 2026 and would result in Arosco and INFRAGREEN being deemed to be acting in concert. In this context, the parties intend to maintain Geogreen\u2019s shareholding in Arverne below the threshold of 30% of the shares and\/or voting rights.<\/p> \nA key driver for the large-scale deployment of Arverne\u2019s projects, this transaction is intended to serve as a structuring step in financing the Dual Flow strategic plan and reflects the confidence of leading investors in the Group\u2019s long-term value creation potential.<\/p> \nNicolas Rochon, Founder and Chairman of RGREEN INVEST\n \nPierre Brossollet, Founder and CEO of Arverne Group\n \nJune 17, 2026: Combined General Meeting<\/b><\/p> \nAbout ARVERNE\n \nIt specialises in harnessing natural ground resources to transform them into local energy sources for heating and cooling systems and to extract lithium. A mission-driven company listed on Euronext Paris, Arverne works for local authorities and industrial companies with a focus on energy sovereignty and short supply chains.<\/p> \nwww.arverne.earth<\/b><\/a><\/p> \nAbout RGREEN INVEST\n \nFor more information, visit RGREEN INVEST website www.rgreeninvest.com<\/a> and follow us on LinkedIn.<\/p>