Vergnet: Early Termination of Business Continuation
On February 25, 2026, the Orléans Commercial Court declared the early termination of business continuation for Vergnet SA, a French renewable energy specialist. Consequently, judicial liquidation and cessation of operations have been effective from that same day.
Judicial Liquidation Initiated
Vergnet SA was placed into judicial liquidation on January 23, 2026, by the Orléans Commercial Court, with business continuation initially planned until March 31, 2026. This continuation was granted to facilitate the search for a buyer. The deadline for submitting bids was set for February 20, 2026. The court pronounced the early termination of this business continuation on February 25, 2026, making the judicial liquidation and cessation of operations effective immediately.
Company Profile
Vergnet SA is a group specializing in the design, manufacture, installation, and distribution of renewable energy production solutions (wind, solar, hybrid). The group notably develops anti-cyclonic wind turbines and the Hybrid Wizard, a real-time renewable energy management system. Vergnet employs 200 staff across 11 locations, operates in over 50 countries, and has installed 1,000 wind turbines and 402 MW of combined energy. Vergnet's shares have been listed on Euronext Growth since June 12, 2007 (ISIN: FR001400JXA2 - ticker code: ALVER) and are eligible for the PEA-PME.
Lack of Details on Early Termination
The announcement does not specify the reasons for the early termination of business continuation, nor the number or nature of the offers received before the deadline of February 20, 2026.
