What is Qair?
Qair operates across 16 countries in Europe, Latin America, Africa, and Asia, focusing on wind, solar, hydroelectric, and green hydrogen production. With a dedicated team of 300 employees, the company is committed to becoming an independent leader in responsible energy. A key initiative is its subsidiary, Qair Marine, which is focused on developing renewable marine energies, notably the EolMed project, a 30 MW floating offshore wind farm. Qair has also been instrumental in the maintenance and operation of FloatGen, France's first floating wind turbine, showcasing its expertise in innovative energy solutions.
How much funding has Qair raised?
Qair has raised a total of $303M across 2 funding rounds:
Debt
$153M
Debt
$150M
Debt (2025): $153M with participation from Brookfield
Debt (2026): $150M led by SBM Bank and Mcb Group
Key Investors in Qair
Brookfield
Brookfield is a leading global investment firm focused on building long-term wealth through operational expertise and investment discipline in real assets, renewable power, infrastructure, and private equity. Their significant capital backing suggests a strategic alignment with Qair's large-scale renewable energy development.
SBM Bank
SBM Bank, a diversified financial institution with a global presence, provides a range of banking services. Their participation in this funding round indicates a role in financing Qair's substantial project development and operational needs.
Mcb Group
MCB Group, a holding company with extensive banking and financial services operations across multiple countries, contributes financial backing. Their involvement suggests a strategic partnership in supporting Qair's international expansion and project financing.
What's next for Qair?
The recent major enterprise-level funding and strategic investment signal Qair's readiness for accelerated growth and the scaling of its ambitious projects. This capital will likely be deployed to expand its international footprint, further develop its pipeline of renewable energy assets, and invest in cutting-edge technologies like floating offshore wind. Qair's strategic positioning as an independent leader in responsible energy, coupled with its diversified portfolio and commitment to the energy transition, positions it for significant impact and continued success in the evolving global energy landscape.
See full Qair company page
