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18.06.25 - 16:33
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Arverne Group - Combined General Meeting of June 18, 2025: Approval of all Resolutions in Accordance with the Recommendations of the Board of Directors (Business Wire)
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PAU, France--(BUSINESS WIRE)--Regulatory News:
The Combined General Meeting of shareholders of Arverne Group (ISIN code: FR001400JWR8, mnemonic code ARVEN) was held on June 18, 2025 at 2 rue Saint Florentin, 75001 Paris, under the chairmanship of Pierre Brossollet, Chairman and CEO.
Shareholders were able to cast their votes electronically via the VOTACCESS secure voting platform, as well as by post or by appointing the Chairman as their proxy by post. Shareholders present at the meeting were also able to vote. The thirty-six resolutions put to the vote were adopted in accordance with the recommendations of the Board of Directors.
Pierre Brossollet presented the Group's 2024 achievements and 2025 objectives to shareholders. Concluding the Annual General Meeting, Pierre Brossollet said: "I would like to thank our shareholders for their confidence and for their overwhelming support for the resolutions proposed by the Board of Directors. Convinced that geothermal energy is a key lever for meeting the m...
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28.05.25 - 19:51
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Bpifrance Acquires a Stake in Arverne Group to Support the Growth of a French Leader in Geothermal Solutions (Business Wire)
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PAU, France--(BUSINESS WIRE)--Regulatory News:
Arverne Group (ISIN code : FR001400JWR8, mnemonic code ARVEN), a French industrial company specialized in the production of renewable underground resources, announces that Bpifrance acquires a stake in its capital.
Bpifrance acquired 1,709,740 existing Arverne Group shares, representing 4.29% of the share capital and 4.91% of the voting rights, as part of an off-market block sale. This transaction will be accompanied by the appointment of a representative of Bpifrance to the Board of Directors, initially as censor, then as a director, whose appointment will be proposed no later than the first general meeting of Arverne Group shareholders following the combined general meeting of June 18, 2025.
Becoming Arverne Group's shareholder is fully in line with Bpifrance's strategy of supporting players in the ecological and energy transition and in the reindustrialisation of France. Convinced of the relevance of its business model, at the heart of the challenges of ...
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26.03.25 - 17:51
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Arverne Group Achieves All Its 2024 Targets and Confirms a Solid Outlook (Business Wire)
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2024 annual results
+45% growth in gross business volume1, compared with 2023, reaching €17.3m in 2024.
Successful deployment of the €51.9m investment programme, in line with the planned conditions and schedule.
Positive results of the pre-feasibility study (PFS) for Lithium de France2, a key milestone towards industrialisation.
New drilling permit application submitted, reinforcing the development momentum.
Outlook for 2025
Continued strong growth in gross business volume, expected between €25m and €30m, i.e. growth of +45% to 75% compared with 2024.
Deployment of an investment programme of around €50m to support this expansion.
Launch of the pre-industrial phase of the geothermal heat and lithium project in Alsace, for a period of 12 to 18 months, including in particular the definitive feasibility study (DFS) and the operations of the first geothermal doublet3.
Signing of contracts for the first geothermal heat production in 2026.
Strengthening of Mission-Driven Company commitments, supporting...
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13.01.25 - 07:51
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Arverne Group Announces the Appointment of Thierry Trouyet as Deputy CEO (Business Wire)
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PAU, France--(BUSINESS WIRE)--Regulatory News:
Arverne Group (FR001400JWR8 - ARVEN), a French industrial company specialized in the production of renewable underground resources to support the energy transition, announces the appointment of Thierry Trouyet as Deputy CEO, effective from today. He joins the Executive Committee of Arverne Group, founded and led by Pierre Brossollet.
With over 20 years of experience in senior management roles, Thierry Trouyet has recognized expertise in the development of new business activities, managing high-growth organizations, and leading commercial operations. With a focus on innovation and performance, he will be responsible for supporting Arverne Group and its subsidiaries in the development and execution of projects.
Thierry Trouyet began his career at E.Leclerc before contributing to the growth of Cultura, the leader in cultural and artistic leisure in France. For 15 years, he held key management positions in stores, logistics, and central purchasing. He played a ce...
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