- New partnership to deliver equipment financing for solar and storage solutions across UK and Germany, with plans for wider European rollout.
Hampshire, UK and Paris, France – 10th June 2025 – Segen, a leading global renewable energy equipment distributor, today announces a strategic partnership with BNP Paribas Leasing Solutions to provide tailored end-to-end financing solutions under the Segen Finance brand.
The new offering will allow commercial and industrial (C&I) end-customers to install solar and energy storage systems with no upfront costs, enabling them to immediately benefit from reduced energy costs and carbon emissions.
Segen Finance will be available exclusively through Segen’s extensive network of approved C&I installers across the UK and Germany initially, with planned expansion across Europe. Installers will be able to offer tailored lease quotes alongside their technical solutions, delivering a seamless experience for end customers.
“This partnership addresses one of the key barriers to clean energy adoption—initial investment costs” says Pascale Favre, Head of Technology Lifecycle Solutions at BNP Paribas Leasing Solutions. “By combining our financial expertise with Segen’s technical knowledge and distribution capabilities, we’re making sustainable energy solutions accessible to more businesses while supporting their cash flow management.”
Nicolas Niedhart, Group Chief Financial Officer at Segen Global, comments: “Our installer network has been asking for integrated financing solutions that make the transition to renewable energy more affordable for their customers. Segen Finance transforms our installers into total solution providers, while allowing their customers to preserve capital for other strategic investments. This partnership represents a significant advancement in accelerating the clean energy transition.”
Key Benefits for Installers:
- Complete solution Provider: Installers can now offer financing as part of their installation quote, becoming a one-stop shop for solar and storage solutions.
- Improved cash flow: Access to Segen hardware at zero cost, enabling installers to free up working capital and scale their businesses more effectively.
Key Benefits for end customers:
- Cash-efficient solution: The entire installed system is wrapped in a single lease agreement with fixed, predictable payments for maximum convenience.
- Capital preservation: Cash reserves can be directed toward other strategic business initiatives.
- Full ownership: Customers gain complete ownership of the solar solution upon completion of the payment schedule.
- Spread capex over equipment life.
- Premium components: All system components will be sourced exclusively from Segen, providing customers with access to audited supply chains, authenticity certifications, and market-leading warranty coverage.
Ouafae Cohin (left), Global Business Development Manager for Green & Tech Market at BNP Paribas Leasing Solutions, shakes hands to confirm the partnership with Nicolas Niedhart, Group Chief Financial Officer at Segen Global (Intersolar Munich 2025).
About Segen
Segen is a leading global distributor of renewable energy solutions, proudly supporting installers and businesses across the UK, Germany, South Africa and North America. Established in 2004 and headquartered in Farnborough, UK, Segen is committed to empowering a sustainable energy future by decarbonising the world, one installation at a time.
Through long-standing partnerships with the world’s leading renewable energy technology providers, Segen offers an extensive product portfolio of more than 10,000 SKUs, including solar PV panels and inverters, battery energy storage systems, heat pumps, EV charging solutions and mounting systems. Segen is also renowned for its expert technical customer support, dedicated country teams, reliable distribution services, and advanced online ordering portal. These capabilities enable a seamless transition to clean energy, reinforcing Segen’s reputation as the trusted partner of renewable energy professionals around the world.
Segen is online at: https://www.segen.co.uk/info/.
- EIF and BNP Paribas Leasing Solutions sign InvestEU guarantee worth up to €200 million
- Agreement to drive investments by SMEs and small mid-caps in projects focused on climate change mitigation and sustainability
- Deal marks the EIF’s largest multi-country guarantee to date, specifically designed to support energy transition leasing solutions.
The European Investment Fund (EIF), part of the European Investment Bank (EIB) Group, has signed a landmark agreement with BNP Paribas Leasing Solutions to provide a portfolio guarantee of up to €200 million. Supported by the InvestEU programme, this initiative aims to enhance access to business asset leasing solutions for SMEs and small mid-caps across France, Germany, Italy, and Spain.
The innovative partnership aims to accelerate economic development and environmental sustainability by providing financial support for investments in:
- Sustainable mobility
- Energy efficiency
- Green technologies
- Renewable energy projects
“This guarantee agreement with BNP Paribas Leasing Solutions fulfils the core mission of both the European Investment Fund and the European Investment Bank: accelerating innovation and competitiveness for European SMEs while promoting sustainable economic development through tailored financial solutions” said Ambroise Fayolle, EIB Vice-President
Marjut Falkstedt, EIF CEO, highlighted the partnership’s impact: “By joining forces, the EIF and BNP Paribas Leasing Solutions will inject over €200 million in new financing to accelerate innovation and competitiveness among European SMEs across four European countries, and support companies in their transition to low-carbon models. This significant guarantee, backed by the InvestEU fund, underscores the power of joint efforts in strengthening European economies.”
Neil Pein, CEO of BNP Paribas Leasing Solutions, highlighted the strategic importance of the initiative: “We are proud to be part of this strategic partnership that will provide essential financing to SMEs and small mid-caps. This initiative aligns perfectly with our commitment to empowering European businesses with the financial tools they need to grow, innovate, and contribute to a more sustainable economy.”
This milestone agreement represents the EIF’s largest multi-country guarantee for energy transition leasing solutions and marks the first InvestEU-backed guarantee collaboration with BNP Paribas Leasing Solutions.
ENDS
About EIF
The EIF is part of the European Investment Bank Group. It supports Europe’s SMEs by improving their access to finance through a wide range of selected financial intermediaries such as banks, guarantee and leasing companies, micro-credit providers and private equity funds. The EIF designs and offers equity and debt financing instruments fostering EU objectives in support of entrepreneurship, growth, innovation, research and development, the green and digital transitions, and employment.
The InvestEU programme provides the European Union with crucial long-term funding by leveraging substantial private and public funds in support of a sustainable recovery and growth. It also helps mobilise private investments for the European Union’s policy priorities, such as the European Green Deal and the digital transition. InvestEU brings together under one roof the multitude of EU financial instruments, making funding for investment projects in Europe simpler, more efficient and more flexible. The InvestEU Fund is implemented through financial partners that will invest in projects using EU budget guarantee of €26.2 billion. That guarantee will back investment projects of the implementing partners, increase their risk-bearing capacity and thus mobilise at least €372 billion in additional investment.
About BNP Paribas Leasing Solutions
BNP Paribas Leasing Solutions offers capital-efficient business equipment financing solutions in key sectors including agriculture, construction, transportation, materials handling, ICT, healthcare, and green tech. Drawing on its 70-year history, its partners and clients rely on its market expertise, asset know-how, and advisory services to propel their growth, transformation, and transition to a low-carbon circular economy. Present in 18 countries across Europe and Türkiye, and employing over 3 000 experts, BNP Paribas Leasing Solutions also offers vendor finance solutions in the USA and Canada in partnership with Bank of Montreal, and in China through a joint venture with Jiangsu Financial Leasing. In 2024, BNP Paribas Leasing Solutions advanced €16.3 billion in asset finance and presently manages a €40.4 billion leased asset portfolio. BNP Paribas Leasing Solutions is fully owned by BNP Paribas and is positioned within the Group’s Commercial, Personal Banking & Services division.
For more information, visit leasingsolutions.bnpparibas.com.
Press Contacts :
EIB
Christophe Alix, c.alix@eib.org, +33 6 11 81 30 99
Website: www.eif.org – www.eib.org/press – Press Office: press@eib.org
BNP Paribas Leasing Solutions
Suhale Vorajee – suhale.vorajee@bnpparibas.com
Lea Sauvage Yenes – lea.sauvageyenes@bnpparibas.com