A complete view of the project life cycle
Development, construction, commissioning, operations, refinancing and exit: the experience covers several key stages in financing energy assets.
Energy-investment experience in service of a Moroccan ambition.
Qudwatt was born from a simple conviction: Morocco combines a major need for investment in its energy infrastructure with substantial domestic savings. The project aims to create a channel that can bring these two forces closer together and, over time, democratise access to renewable-energy investment.
This page presents the origins of the project, the experience gained through transactions and the institutional logic underpinning the Qudwatt vision.
The starting point
Mobilise more savings for the productive economy.
The idea behind Qudwatt emerged from two realities: considerable investment needs to support the Kingdom’s energy transformation, and savings that could be directed more extensively towards real assets.
The model is based on an idea already proven elsewhere: opening part of infrastructure financing to private and professional investors, while retaining the banks, funds, developers and public-sector actors that already structure project financing.
In France and Europe, this approach has been tested through private-market financial products backed by solar, wind, hydropower, storage and biogas assets, showing how the distribution of these investments can become a genuine tool for accelerating the energy transition.
Qudwatt adapts this experience around a Moroccan question: how can domestic and diaspora savings participate, within an appropriate framework, in financing the infrastructure supporting the Kingdom’s strategic priorities?
This democratisation has an ambition that goes beyond access to a new asset class: by broadening the investor base able to support projects, Qudwatt aims to help accelerate the deployment of new renewable capacity in Morocco and, over time, strengthen the Kingdom’s position among the most advanced renewable-energy producers.
Vision
Democratise renewable-energy investment, starting from Morocco.
The ambition is first and foremost Moroccan: democratise access to renewable-energy investment, mobilise more domestic capital towards productive assets and thereby help accelerate the deployment of new capacity. Over time, this momentum can strengthen the Kingdom’s position among the most advanced countries in renewable-energy development and production.
01
Regulatory & institutional validation
Define the vehicle, authorisation requirements, scope of intervention and investor-protection framework with the competent authorities and partners.
02
Model structuring
Determine governance, asset selection, control procedures, the investor journey and the interaction with banking and institutional financiers.
03
First pilot projects
Identify a limited number of projects capable of demonstrating the model’s relevance and testing its operation within a fully validated framework.
04
Deployment
Gradually broaden the range of infrastructure and investor categories, then consider regional expansion from a proven Moroccan model.
Experience behind Qudwatt
Experience built through direct exposure to assets, investors and developers.
The experience behind Qudwatt was built within a platform specialised in energy-infrastructure investment, with exposure to the structuring, distribution and monitoring of private-market transactions in France, Europe and internationally.
+€320 millionof transactions supported
Several yearsof experience dedicated to energy infrastructure
Debt & equitybonds, convertible bonds and unlisted equity
France · Europedevelopers, banks, family offices, funds and institutional partners
Transactions presented to private and professional investors
Family offices, funds, banking networks, private wealth clients and professional investors have all formed distribution channels and counterparties in the transactions supported.
Exposure to major industry players
Direct relationships with leading developers and an operational understanding of financing constraints, tenders and delivery timelines.
A dialogue already under way with Moroccan stakeholders
Discussions around alternative finance and the energy transition notably led to participation in an official seminar bringing together the regulator, public institutions and international cooperation.
Selected reference transactions
Transactions financed in France, Europe and internationally.
This selection illustrates the geographic and technological diversity of transactions supported: batteries, solar, storage, biogas and wind, across debt and equity, in France, Europe and as far as Chile.
01
Verkor — Battery gigafactory · Nord (59)
Equity – Series B dedicated to developing a low-carbon lithium-ion battery industry.
02
CVE — Solar power-plant portfolio · Chile
Equity refinancing of a photovoltaic power-plant portfolio, illustrating direct exposure to international renewable assets.
03
Voltalia — Hybrid solar plant · French Guiana
Construction financing for hybrid energy infrastructure backed by a bilateral PPA with EDF and validated within the CRE framework.
04
Evergaz — Anaerobic-digestion units · Germany
Development financing for anaerobic-digestion units, providing exposure to another renewable-generation technology in Europe.
05
Amarenco — Claudia electricity storage · Gironde (33)
Bridge financing for a project awarded under RTE’s long-term tender. At 105 MW, Claudia is one of Europe’s largest battery-storage projects.
06
Photosol — Creil ground-mounted solar plant · Oise (60)
Development and construction financing for a very large-scale solar project awarded under a CRE tender. Photosol presents Creil as France’s second-largest photovoltaic installation.
07
Urbasolar — Disneyland Paris solar canopies · Seine-et-Marne (77)
Construction financing for photovoltaic canopies covering 11,200 parking spaces. Urbasolar and Disneyland Paris present it as Europe’s largest photovoltaic canopy plant.
08
EDF — Niedervisse wind farm · Moselle (57)
Refurbishment financing for an operating wind asset under a CRE tender mechanism.
From European experience to a Moroccan project
Credibility built on both sides of the Mediterranean.
Operational experience to adapt, not copy.
European mechanisms cannot simply be reproduced in Morocco. Their underlying logic can, however, inspire a local architecture: select high-quality assets, structure rigorous investor information, organise distribution and create a framework in which domestic savings can complement financing already mobilised.
Institutional anchoring
A reflection already shared in Morocco.
Discussions with AMMC and other institutional stakeholders have made it possible to present mechanisms used in France and explore the conditions required for a Moroccan model adapted to financing the energy transition.
Project status
Qudwatt is currently a demonstration prototype.
The prototype materialises a vision, an investor journey and a possible business model. It is not an operating platform.
A company that still needs to be incorporated.
At this stage, Qudwatt is not an incorporated company and does not collect any funds. The site is intended as a prototype to present the concept, test its architecture and facilitate discussions with authorities and institutional, financial and industrial partners that may contribute to its structuring.
1Definition of the legal vehicle and governance.
2Validation of the regulatory regime applicable to each type of transaction.
3Organisation of KYC/KYB, compliance, safeguarding of funds and investor-protection arrangements.
4Specific framework for diaspora investments and cross-border flows.
“The form matters less than the outcome: creating an additional channel to mobilise savings for strategic infrastructure and productive investment.”
Qudwatt’s vision