H1 2025 - interim results

+74% increase in gross business volume
Decisive milestones achieved successfully

 

Significant progress made

  • Heat and cooling: signing of an initial cooperation and exclusivity agreement for a project in Île-de-France, for a gross business volume of €150 million over 30 years.
  • Lithium de France project: pre-industrial phase launched successfully and start of operation of the first geothermal doublet.
  • Bpifrance acquired shares in Arverne Group: Bpifrance has acquired a stake of 4.3% in Arverne Group, demonstrating its support.


Strong growth and a solid balance sheet

  • 74% growth in gross business volume3 to €10.5 million, driven by drilling operations at the geothermal installation at Paris-Charles de Gaulle airport for Groupe ADP.
  • Net debt of -€60 million, -€90 million excluding lease liabilities.


Post-closing events

  • Arverne Group has signed a contribution agreement with Hydro Energy Invest AS to strengthen its stake in Lithium de France.
  • Successful fundraising for Lithium de France: second series B round of funding by Arverne Group and Equinor Ventures for €40 million.


Outlook for 2025

  • Confirmation of gross business volume target: between €25 million and €30 million, an increase of 45% to 75% compared with 2024.
  • Continuation of investment programme totalling around €50 million.
Download the press release

About ARVERNE

ARVERNE, 1st French supplier of geothermal solutions.

Thanks to its expertise, Arverne transforms the natural resources in our soil and develops local heating, cooling, and lithium solutions. A mission-driven company listed on Euronext Paris, Arverne works to promote sovereign, short-circuit energy for local communities and manufacturers.

www.arverne.earth

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