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Business Wire
a day ago
- Business
- Business Wire
Arverne Group Accelerates Skills Development to Structure the Geothermal Energy Sector
PAU, France--(BUSINESS WIRE)--Regulatory News: Arverne Group (ISIN code: FR001400JWR8, mnemonic code ARVEN), announces a €396,585 grant over three years (2025–2027) from the Nouvelle-Aquitaine Region, with support from the European Social Fund, to strengthen training in geothermal drilling - a strategic and high-demand profession. This grant is part of the call for projects 'Support and Anticipation of Economic Transformations and Training for the Employed Workforce.' It will enable Arverne Drilling Services, a subsidiary of the Group, to implement an ambitious program focused on knowledge transfer and continuous professional development. Already actively involved in the field, the Group is carrying out numerous concrete initiatives in internal training, mentoring, and professional retraining, aimed at strengthening employee skills and supporting career transitions into technical roles in the geothermal sector. The announced grant supports this existing momentum by taking it to a new level. "Drilling is a strategic expertise we have been developing since the Group was founded. By strengthening this key expertise, Arverne — the only integrated supplier of geothermal solutions in France — is actively contributing to the structuring of the geothermal sector and supporting its scaling up." said Pierre Brossollet, founder and CEO of Arverne Group. *** About Arverne Group Arverne Group specializes in harnessing underground resources to transform them into environmentally friendly, local and renewable energy, contributing to the prosperity of local communities. As an integrated industrial player, Arverne Group spans the entire underground value chain, from exploration to drilling and production to sales to end-users. Arverne Group aims to become the French leader in geothermal energy and its by-products, including low-carbon geothermal lithium. Founded in Pau in 2018, Arverne Group has structured its business activities around several subsidiaries, notably Lithium de France (geothermal heat and extraction and sale of geothermal lithium), 2gré (sale of geothermal heat), Arverne Drilling Services (drilling operations). A mission-driven company, Arverne Group is listed on Euronext Paris (ISIN FR001400JWR8, symbol ARVEN).


Business Wire
25-06-2025
- Business
- Business Wire
Arverne Group: Changes in the Composition of the Board Directors' Committees
PAU, France--(BUSINESS WIRE)--Regulatory News: Arverne Group (ISIN code : FR001400JWR8, mnemonic code ARVEN), announces changes in its governance structure, with a reorganization of its Board of Directors' committees. This reorganization aims to strengthen the efficiency and specialization of these bodies in line with the Group's strategic priorities. As of today, the committees are composed as follows. Xavier Caïtucoli Appointed Chairman of the Strategy and CSR Committee Mr. Xavier Caïtucoli, Director, becomes Chairman of the Committee Mr. Pierre Brossollet, Director Mr. Jérôme Gouet, representative of Renault SAS, Director Ms. Karine Mérère, representative of ADEME Investissement, Director This committee plays a central role in defining the Group's major strategic directions, fully incorporating energy transition, innovation, and social responsibility dimensions. Strengthening of the Audit Committee's Role The Audit Committee, now renamed the Audit and Risk Committee, expands its scope to include risk oversight, which was previously under the purview of the Strategy Committee. Ms. Françoise Malrieu, Independent Director, remains Chair of the Committee Mr. Bruno Gérard, Independent Director Both members bring strong expertise in finance, accounting, and risk management, ensuring enhanced governance in these areas. Nominations and Remuneration Committee Ms. Colette Lewiner, representative of Cowin and Independent Director, remains Chair of the Committee Ms. Tiphaine Auzière, Independent Director The committee continues its work on Board composition and remuneration policy, with a particular focus on diversity, fairness, and the pursuit of excellence in candidate profiles. Additionally, the Board of Directors has today appointed Mr. Vladislav Tcaci, representative of Bpifrance, as non-voting board member (censeur). *** About Arverne Group Arverne Group specializes in harnessing underground resources to transform them into environmentally friendly, local and renewable energy, contributing to the prosperity of local communities. As an integrated industrial player, Arverne Group spans the entire underground value chain, from exploration to drilling and production to sales to end-users. Arverne Group aims to become the French leader in geothermal energy and its by-products, including low-carbon geothermal lithium. Founded in Pau in 2018, Arverne Group has structured its business activities around several subsidiaries, notably Lithium de France (geothermal heat and extraction and sale of geothermal lithium), 2gré (sale of geothermal heat), Arverne Drilling Services (drilling operations). A mission-driven company, Arverne Group is listed on Euronext Paris (ISIN FR001400JWR8, symbol ARVEN).

Yahoo
25-06-2025
- Business
- Yahoo
Arverne Group: Changes in the Composition of the Board Directors' Committees
PAU, France, June 25, 2025--(BUSINESS WIRE)--Regulatory News: Arverne Group (ISIN code : FR001400JWR8, mnemonic code ARVEN), announces changes in its governance structure, with a reorganization of its Board of Directors' committees. This reorganization aims to strengthen the efficiency and specialization of these bodies in line with the Group's strategic priorities. As of today, the committees are composed as follows. Xavier Caïtucoli Appointed Chairman of the Strategy and CSR Committee Mr. Xavier Caïtucoli, Director, becomes Chairman of the Committee Mr. Pierre Brossollet, Director Mr. Jérôme Gouet, representative of Renault SAS, Director Ms. Karine Mérère, representative of ADEME Investissement, Director This committee plays a central role in defining the Group's major strategic directions, fully incorporating energy transition, innovation, and social responsibility dimensions. Strengthening of the Audit Committee's Role The Audit Committee, now renamed the Audit and Risk Committee, expands its scope to include risk oversight, which was previously under the purview of the Strategy Committee. Ms. Françoise Malrieu, Independent Director, remains Chair of the Committee Mr. Bruno Gérard, Independent Director Both members bring strong expertise in finance, accounting, and risk management, ensuring enhanced governance in these areas. Nominations and Remuneration Committee Ms. Colette Lewiner, representative of Cowin and Independent Director, remains Chair of the Committee Ms. Tiphaine Auzière, Independent Director The committee continues its work on Board composition and remuneration policy, with a particular focus on diversity, fairness, and the pursuit of excellence in candidate profiles. Additionally, the Board of Directors has today appointed Mr. Vladislav Tcaci, representative of Bpifrance, as non-voting board member (censeur). *** About Arverne GroupArverne Group specializes in harnessing underground resources to transform them into environmentally friendly, local and renewable energy, contributing to the prosperity of local communities. As an integrated industrial player, Arverne Group spans the entire underground value chain, from exploration to drilling and production to sales to end-users. Arverne Group aims to become the French leader in geothermal energy and its by-products, including low-carbon geothermal in Pau in 2018, Arverne Group has structured its business activities around several subsidiaries, notably Lithium de France (geothermal heat and extraction and sale of geothermal lithium), 2gré (sale of geothermal heat), Arverne Drilling Services (drilling operations).A mission-driven company, Arverne Group is listed on Euronext Paris (ISIN FR001400JWR8, symbol ARVEN). View source version on Contacts Media Relations communication@ arvernegroup@ Investor Relations


Business Wire
19-06-2025
- Business
- Business Wire
Geothermal Energy: a Strong Signal From the Government Welcomed by Arverne Group
PAU, France--(BUSINESS WIRE)--Regulatory News: Arverne Group (ISIN code : FR001400JWR8, mnemonic code ARVEN), welcomes the announcements made today in Biarritz by the Prime Minister in favor of geothermal energy, during the 2025 Geothermal Days. These long-awaited commitments by stakeholders in the sector underscore the Government's determination to remove barriers to the deployment of this renewable, local, decarbonized, and continuously available energy source. Arverne Group particularly welcomes: The increase of the regulatory threshold for surface geothermal projects from 0.5 MW to 2 MW, in order to free up and accelerate projects. The attention given to drilling jobs through the implementation of new training programs, as well as the relaxation of working time regulations on deep geothermal drilling sites. The ongoing collaboration with banks to help individuals spread out the investment cost of a geothermal installation, as a replacement for gas boilers. The strengthening of the network of geothermal facilitators in local territories, essential to raising awareness about the benefits of this still underused energy source. 'These announcements represent a decisive step. This strong signal from public authorities reinforces Arverne Group's efforts to make geothermal energy a key driver of our energy sovereignty. The challenge now lies in swiftly turning these intentions into action to scale up geothermal solutions across France.' said Pierre Brossollet, founder and Chairman & CEO of Arverne Group. Momentum to Be Amplified to Ensure a Scale Shift While this step marks a turning point, it must be part of a broader trajectory. A second set of announcements is expected in September, particularly regarding financial support. Arverne Group hopes for: The strengthening of the Heat Fund and the need to secure it over multiple years to provide operators with long-term visibility. The implementation of new support mechanisms such as 'Certificats d'Economie d'Energie' (Energy Savings Certificates). The alignment of energy taxation with decarbonization goals, including rebalancing taxes between gas and electricity - an essential condition for the development of geothermal energy. Since its founding in 2018, Arverne Group has been committed to establishing an ambitious, structured, and sovereign French geothermal sector. Alongside the State, local authorities, and industry stakeholders, the Group will continue to fully play its role in the regions to contribute to the collective success of this energy transition. About Arverne Group Arverne Group specializes in harnessing underground resources to transform them into environmentally friendly, local and renewable energy, contributing to the prosperity of local communities. As an integrated industrial player, Arverne Group spans the entire underground value chain, from exploration to drilling and production to sales to end-users. Arverne Group aims to become the French leader in geothermal energy and its by-products, including low-carbon geothermal lithium. Founded in Pau in 2018, Arverne Group has structured its business activities around several subsidiaries, notably Lithium de France (geothermal heat and extraction and sale of geothermal lithium), 2gré (sale of geothermal heat), Arverne Drilling Services (drilling operations). A mission-driven company, Arverne Group is listed on Euronext Paris (ISIN FR001400JWR8, symbol ARVEN).


Business Wire
18-06-2025
- Business
- Business Wire
Arverne Group - Combined General Meeting of June 18, 2025: Approval of all Resolutions in Accordance with the Recommendations of the Board of Directors
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 major challenges of decarbonization and energy sovereignty today, all our teams are fully mobilized to accelerate its development at the heart of our territories." Next event: September 24, 2025, H1 2025 results About Arverne Group Arverne Group specializes in harnessing underground resources to transform them into environmentally friendly, local and renewable energy, contributing to the prosperity of local communities. As an integrated industrial player, Arverne Group spans the entire underground value chain, from exploration to drilling and production to sales to end-users. Arverne Group aims to become the French leader in geothermal energy and its by-products, including low-carbon geothermal lithium. Founded in Pau in 2018, Arverne Group has structured its business activities around several subsidiaries, notably Lithium de France (geothermal heat and extraction and sale of geothermal lithium), 2gré (sale of geothermal heat), Arverne Drilling Services (drilling operations). A mission-driven company, Arverne Group is listed on Euronext Paris (ISIN FR001400JWR8, symbol ARVEN).