A new report from the French Court of Auditors is raising concerns about the financial health and strategic direction of SCET, a key subsidiary of the Caisse des Dépôts et Consignations. The audit, covering 2016-2024, reveals a €4.2 million deficit in 2024 and questions the clarity of the firm’s mission as it undergoes a merger with HTC. The findings prompted the resignation of SCET’s CEO, Romain Lucazeau, at the close of last year, signaling potential instability within the institution responsible for supporting local authorities and public utilities.
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The public group SCET, a 100% subsidiary of Caisse des Dépôts et Consignations (CDC), has been the subject of a critical report from the French Court of Auditors covering the period 2016-2024, highlighting a structural deficit (EUR 4.2 million in 2024), unclear missions, and the need for strengthened oversight. Its Chief Executive Officer, Romain Lucazeau, stepped down at the end of 2025 as part of an ongoing merger with HTC.
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Territorial engineering is reinventing itself
A recently released report from the French Court of Auditors delivers a harsh assessment of SCET (Services Conseil Expertises Territoires), a fully-owned subsidiary of Caisse des Dépôts et Consignations, which in turn is affiliated with Banque des Territoires. SCET is a key player supporting local authorities and public utilities, providing consulting services and support.
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