EDEA now offers leasing to French homeowners through Otovo’s local brand, In Sun We Trust. Installations are expected from late in the second quarter. Following the launch of the leasing product in Norway and Spain in May 2020 and Sweden in December 2020, EDEA’s sales partner, Otovo, has now made leasing of solar panels available to customers in France. The leasing product is available on the In Sun We Trust web site and the first installations are expected to be completed toward the end of the second quarter of 2021, due to the lead time from sale to installation (typically about 3 months in France). As in the other markets, EDEA will finance the projects and receive the recurring monthly payments from the 20 year contracts with homeowners. Consumers receive the government subsidies as with direct purchases, and also collect the gains from selling power to the grid, in addition to cutting their electricity bills. Otovo estimates that the average leasing bill will come in at about EUR 45-55 per month, with electricity bill reductions expected to come in at EUR 800-1200 per year per household.