Caisse des Dépôts et Consignations (CDC) is a French public financial institution founded in 1816, acting as the investment arm of the French state. It manages over €1.3 trillion in assets, including regulated savings, pensions, and long-term investments to support public interest projects and economic development.
CDC provides financing through loans, equity investments, and asset management across sectors such as infrastructure, energy, housing, and territorial development. Key holdings include stakes in energy infrastructure like GRTgaz (gas transmission, 39%), RTE (electricity transmission, 30%), and Compagnie Nationale du Rhône (hydroelectricity, 33%), as well as Bpifrance for SME support and Banque des Territoires for regional initiatives.
As a long-term investor, CDC participates in renewable energy projects, including a 9.75% stake in the 512 MW Noirmoutier offshore wind farm. It emphasizes sustainable investments aligned with ecological transition goals, while maintaining a neutral, public service-oriented mandate under parliamentary oversight.
Also known as Groupe Caisse des Dépôts.
Construction complete; commercial operation started. 12 km offshore; ~25‑yr life. Annual output ≈ supply for 800k users. Power sold under long‑term fixed‑price PPA; financed via syndicated loan.
