Portfolio
PEARL I
PEARL II

Cogecab
Cogecab is a biomass cogeneration plant with a power of 12 MW electrical and 50 MW thermal power, located in Pomacle in Champagne-Ardenne.
The thermal energy produced is recovered in the form of steam by ADM Chamtor, a reference starch factory, and FICAP, a black pellet production unit.
This configuration makes it possible to create industrial synergies between energy production and biomass valorization, while contributing to the decarbonization of local industrial processes.
Localisation
Pomacle, France
Fonds
PEARL II
Date de lancement
2024
Secteur
Biomass cogeneration

Uni Viridas
Uni Viridas is a power plant for producing heat and electricity from biomass (wood residues and waste from logging and sawmills) with a production capacity of 8.6 MW electrical and 16 MW thermal power.
Located in Babina Greda in the Vukovar-Srijem region, the Uni Viridas power plant is the largest biomass cogeneration plant in Croatia.
This project contributes to the industrial, agricultural and energy development of the region, in particular by supplying carbon-free heat to agricultural projects through a long-term contract, as well as to the Italian group Florian, a specialist in wooden furniture.
This power plant also makes a major contribution to the economy and the wood sector in Croatia through its main biomass supplier Hrvatske Šume, the public organization in charge of the management of Croatian forests.
Localisation
Babina Greda, Croatia
Fonds
PEARL I
Date de lancement
2021
Secteur
Biomass cogeneration

A&A
A&A Bioenergy is a biomass cogeneration plant (wood chips from logging and sawmills) with a net electrical capacity of 3 MW and an installed thermal capacity of 5 MWth.
The power plant is located in Virovitica, in the north of the Slavonia region in Croatia.
This project makes a major contribution to the economy of the wood sector in Croatia through its main biomass supplier, Hrvatske Šume, the public organization in charge of the management of Croatian forests, as well as through its privileged relationship with the Croatian company AMS Biomasa, which is both an eco-responsible wood supplier for the project and the purchaser of carbon-free thermal energy for its industrial process.
Biomass comes from FSC certified forests. The A&A Bioenergy procurement plan is in line with PEARL's charter on the sustainability of biomass supply.
Localisation
Virovitica, Croatia
Fonds
PEARL I
Date de lancement
2021
Secteur
Biomass cogeneration

Energy 9
Energy 9 is a 5 MW electrical and 13 MW thermal cogeneration plant based on biomass (forest chips and related products from the primary processing of wood).
The power plant is located in Croatia in the region of Slavonia. It also provides heat in the vicinity for several industries operating in the wood and agricultural sector.
This project makes a major contribution to the local economy and the wood sector in Croatia, in particular thanks to the collaboration with the company Hrvatske Šume, the public organization in charge of the management of Croatian forests, as well as several private suppliers who meet strict ESG criteria for their procurement.
Localisation
Slatina, Croatia
Fonds
PEARL I
Date de lancement
2020
Secteur
Biomass cogeneration

Arbaflame
Arbaflame operates a black pellet production unit resulting from a proprietary steam explosion process, making it possible to produce biomass fuel with high energy density.
The Grasmo site in Norway is an industrial platform oriented to international markets, with product quality adapted to thermal power plants and manufacturers.
The black pellets produced have characteristics adapted to demanding industrial uses:
- Hydrophobicity facilitating storage and logistics;
- Granulometry compatible with sprayed systems;
- Direct substitution for coal in thermal processes.
The asset is part of a strategy for the large-scale deployment of industrial decarbonization solutions, in particular thanks to its proprietary and unique intellectual and technological property in the world.
Localisation
Grasmo, Norway
Fonds
PEARL II
Date de lancement
2025
Secteur
Biomass fuel production
Site Internet

Wismar Bio Energie
Bio Energie Wismar is a cogeneration plant based on biomass (residues from the wood industry) under construction that will produce up to 18 MW of electricity and 27 MW of renewable heat. This power plant is located in Wismar in northern Germany on the Baltic Sea.
This project is an essential solution for the decarbonization of the heat supplied to wood processing players for their industrial processes.
The plant will supply heat to the wood pellet manufacturer Wismar Pellets and to the ILIM Nordic Timber sawmill.
Localisation
Wismar from Germany
Fonds
PEARL I
Date de lancement
2021
Secteur
Biomass cogeneration

Energy Pool
Founded in 2009, Energy Pool develops and operates a digital platform for managing energy flexibility, at the service of electrical networks and manufacturers.
The company aggregates industrial and energy assets (renewables, storage, etc.) in order to provide system services and arbitration solutions, in particular:
- Cancellation of consumption;
- Capacity reserve:
- System services (e.g., FCR, aFRR, mFRR, adjustment mechanism);
- Multi-market optimization, especially day to head/intraday.
The platform is based on a centralized proprietary software infrastructure, allowing rapid deployment on an international scale.
Energy Pool plays a key role in stabilizing electrical networks, while generating additional optimized revenues for its customers.
Localisation
Le Bourget-du-Lac, France
Fonds
PEARL II
Date de lancement
2025
Secteur
Energy services and network flexibility
Site Internet

Green Valley Energie
Green Valley Energie is a biomass cogeneration plant located in Golbey in the Vosges, with a capacity of 25 MW electrical and 131 MW thermal power.
This power plant uses recycled wood (class B wood), collected in Eastern France, as well as residues from the Norske Skog Golbey industrial process, which also consumes most of the renewable thermal energy produced.
The power plant has been in operation since 2025.
Localisation
Golbey, France
Fonds
PEARL I
Date de lancement
2022
Secteur
Biomass cogeneration

CBN
CBN (Cogeneration Biomasse de Novillars) is a biomass cogeneration plant with a power of 20 MW electrical and 23 MW thermal, located in Novillars in the Doubs department.
The thermal energy produced is sold via a long-term steam purchase contract to the Gemdoubs cardboard factory, a historic local player that produces packaging cardboard. The power plant also supplies the heating network for the town of Novillars, in partnership with the General Council and ADEME, intended to connect social housing, a hospital center and public buildings.
Localisation
Novillars, France
Fonds
PEARL I
Date de lancement
2021
Secteur
Biomass cogeneration

Ficap
FICAP operates a unit for the production of black pellets resulting from a steam treatment process (steam explosion), making it possible to produce biomass fuel with high energy density.
The site is directly integrated into the Pomacle industrial ecosystem, in synergy with the Cogecab cogeneration plant.
The black pellets produced have characteristics adapted to demanding industrial uses:
- Hydrophobicity facilitating storage and logistics;
- Granulometry compatible with sprayed systems;
- Direct substitution for coal in thermal processes.
FICAP mainly addresses manufacturers Hard-to-Abate committed to decarbonization trajectories.
Localisation
Pomacle, France
Fonds
PEARL II
Date de lancement
2024
Secteur
Biomass fuel production
Site Internet

CBEM
CBEM (Cogeneration Biomasse d'Estreée-Mons) is a biomass cogeneration plant with a power of 13 MW electrical and 24 MW thermal, located in Estrée-Mons in the Somme department.
The thermal energy produced is sold to Bonduelle, which operates the largest vegetable processing plant in Europe there, via a long-term steam purchase contract.
Localisation
Estree-Mons, France
Fonds
PEARL I
Date de lancement
2021
Secteur
Biomass cogeneration
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A&A
A&A Bioenergy is a biomass cogeneration plant located in Virovitica in Croatia.

A&A
A&A Bioenergy is a biomass cogeneration plant (wood chips from logging and sawmills) with a net electrical capacity of 3 MW and an installed thermal capacity of 5 MWth.
The power plant is located in Virovitica, in the north of the Slavonia region in Croatia.
This project makes a major contribution to the economy of the wood sector in Croatia through its main biomass supplier, Hrvatske Šume, the public organization in charge of the management of Croatian forests, as well as through its privileged relationship with the Croatian company AMS Biomasa, which is both an eco-responsible wood supplier for the project and the purchaser of carbon-free thermal energy for its industrial process.
Biomass comes from FSC certified forests. The A&A Bioenergy procurement plan is in line with PEARL's charter on the sustainability of biomass supply.
Localisation
Virovitica, Croatia
Fonds
PEARL I
Date de lancement
2021
Secteur
Biomass cogeneration


Arbaflame
Arbaflame is a Norwegian producer of black pellets, specializing in advanced biomass fuels for industry.

Arbaflame
Arbaflame operates a black pellet production unit resulting from a proprietary steam explosion process, making it possible to produce biomass fuel with high energy density.
The Grasmo site in Norway is an industrial platform oriented to international markets, with product quality adapted to thermal power plants and manufacturers.
The black pellets produced have characteristics adapted to demanding industrial uses:
- Hydrophobicity facilitating storage and logistics;
- Granulometry compatible with sprayed systems;
- Direct substitution for coal in thermal processes.
The asset is part of a strategy for the large-scale deployment of industrial decarbonization solutions, in particular thanks to its proprietary and unique intellectual and technological property in the world.
Localisation
Grasmo, Norway
Fonds
PEARL II
Date de lancement
2025
Secteur
Biomass fuel production
Site Internet


Wismar Bio Energie
BEW is a biomass cogeneration plant located in Wismar in northern Germany on the Baltic Sea.

Wismar Bio Energie
Bio Energie Wismar is a cogeneration plant based on biomass (residues from the wood industry) under construction that will produce up to 18 MW of electricity and 27 MW of renewable heat. This power plant is located in Wismar in northern Germany on the Baltic Sea.
This project is an essential solution for the decarbonization of the heat supplied to wood processing players for their industrial processes.
The plant will supply heat to the wood pellet manufacturer Wismar Pellets and to the ILIM Nordic Timber sawmill.
Localisation
Wismar from Germany
Fonds
PEARL I
Date de lancement
2021
Secteur
Biomass cogeneration


CBEM
CBEM is a biomass cogeneration plant located in the Somme.

CBEM
CBEM (Cogeneration Biomasse d'Estreée-Mons) is a biomass cogeneration plant with a power of 13 MW electrical and 24 MW thermal, located in Estrée-Mons in the Somme department.
The thermal energy produced is sold to Bonduelle, which operates the largest vegetable processing plant in Europe there, via a long-term steam purchase contract.
Localisation
Estree-Mons, France
Fonds
PEARL I
Date de lancement
2021
Secteur
Biomass cogeneration


CBN
CBN is a biomass cogeneration plant located in Doubs.

CBN
CBN (Cogeneration Biomasse de Novillars) is a biomass cogeneration plant with a power of 20 MW electrical and 23 MW thermal, located in Novillars in the Doubs department.
The thermal energy produced is sold via a long-term steam purchase contract to the Gemdoubs cardboard factory, a historic local player that produces packaging cardboard. The power plant also supplies the heating network for the town of Novillars, in partnership with the General Council and ADEME, intended to connect social housing, a hospital center and public buildings.
Localisation
Novillars, France
Fonds
PEARL I
Date de lancement
2021
Secteur
Biomass cogeneration


Cogecab
Cogecab is a biomass cogeneration plant dedicated to the production of electricity and heat for industrial use.

Cogecab
Cogecab is a biomass cogeneration plant with a power of 12 MW electrical and 50 MW thermal power, located in Pomacle in Champagne-Ardenne.
The thermal energy produced is recovered in the form of steam by ADM Chamtor, a reference starch factory, and FICAP, a black pellet production unit.
This configuration makes it possible to create industrial synergies between energy production and biomass valorization, while contributing to the decarbonization of local industrial processes.
Localisation
Pomacle, France
Fonds
PEARL II
Date de lancement
2024
Secteur
Biomass cogeneration


Energy 9
Energy 9 is a cogeneration plant based on biomass located in the region of Slavonia in Croatia.

Energy 9
Energy 9 is a 5 MW electrical and 13 MW thermal cogeneration plant based on biomass (forest chips and related products from the primary processing of wood).
The power plant is located in Croatia in the region of Slavonia. It also provides heat in the vicinity for several industries operating in the wood and agricultural sector.
This project makes a major contribution to the local economy and the wood sector in Croatia, in particular thanks to the collaboration with the company Hrvatske Šume, the public organization in charge of the management of Croatian forests, as well as several private suppliers who meet strict ESG criteria for their procurement.
Localisation
Slatina, Croatia
Fonds
PEARL I
Date de lancement
2020
Secteur
Biomass cogeneration


Energy Pool
Energy Pool is a French digital infrastructure platform for energy flexibility.

Energy Pool
Founded in 2009, Energy Pool develops and operates a digital platform for managing energy flexibility, at the service of electrical networks and manufacturers.
The company aggregates industrial and energy assets (renewables, storage, etc.) in order to provide system services and arbitration solutions, in particular:
- Cancellation of consumption;
- Capacity reserve:
- System services (e.g., FCR, aFRR, mFRR, adjustment mechanism);
- Multi-market optimization, especially day to head/intraday.
The platform is based on a centralized proprietary software infrastructure, allowing rapid deployment on an international scale.
Energy Pool plays a key role in stabilizing electrical networks, while generating additional optimized revenues for its customers.
Localisation
Le Bourget-du-Lac, France
Fonds
PEARL II
Date de lancement
2025
Secteur
Energy services and network flexibility
Site Internet


Ficap
FICAP is a French producer of black pellets, specialized in advanced biomass fuels for industry.

Ficap
FICAP operates a unit for the production of black pellets resulting from a steam treatment process (steam explosion), making it possible to produce biomass fuel with high energy density.
The site is directly integrated into the Pomacle industrial ecosystem, in synergy with the Cogecab cogeneration plant.
The black pellets produced have characteristics adapted to demanding industrial uses:
- Hydrophobicity facilitating storage and logistics;
- Granulometry compatible with sprayed systems;
- Direct substitution for coal in thermal processes.
FICAP mainly addresses manufacturers Hard-to-Abate committed to decarbonization trajectories.
Localisation
Pomacle, France
Fonds
PEARL II
Date de lancement
2024
Secteur
Biomass fuel production
Site Internet


Green Valley Energie
GVE is a biomass cogeneration plant located in Golbey in the Vosges.

Green Valley Energie
Green Valley Energie is a biomass cogeneration plant located in Golbey in the Vosges, with a capacity of 25 MW electrical and 131 MW thermal power.
This power plant uses recycled wood (class B wood), collected in Eastern France, as well as residues from the Norske Skog Golbey industrial process, which also consumes most of the renewable thermal energy produced.
The power plant has been in operation since 2025.
Localisation
Golbey, France
Fonds
PEARL I
Date de lancement
2022
Secteur
Biomass cogeneration


Uni Viridas
Uni Viridas is a power plant for the production of heat and electricity from biomass located in Babina Greda in Croatia.

Uni Viridas
Uni Viridas is a power plant for producing heat and electricity from biomass (wood residues and waste from logging and sawmills) with a production capacity of 8.6 MW electrical and 16 MW thermal power.
Located in Babina Greda in the Vukovar-Srijem region, the Uni Viridas power plant is the largest biomass cogeneration plant in Croatia.
This project contributes to the industrial, agricultural and energy development of the region, in particular by supplying carbon-free heat to agricultural projects through a long-term contract, as well as to the Italian group Florian, a specialist in wooden furniture.
This power plant also makes a major contribution to the economy and the wood sector in Croatia through its main biomass supplier Hrvatske Šume, the public organization in charge of the management of Croatian forests.
Localisation
Babina Greda, Croatia
Fonds
PEARL I
Date de lancement
2021
Secteur
Biomass cogeneration
