The Caisse des Dépôts and MERIDIAM have signed their investment in the project company "Groix & Belle-Île floating wind turbines", a major milestone for the development of the French wind farm project.
Energy Finance & Investment News in France
EDF Energies Nouvelles entered into a preliminary agreement opening a period of exclusive talks with FUTUREN’s controlling shareholders, which together own 61.6% of its ordinary shares and 96.0% of its convertible bonds (OCEANEs).
Ségolène Royal, France's Minister of Ecology, Sustainable Development and Energy, launched in February 2016 a first call for tender for the biomass/biogas sectors over a period of three years in order to give legibility to the industrialists resulting this into the designation of 14 winning projects.
ENGIE and SOPER, respectively 59% and 41% shareholders of La Compagnie du Vent, have announced the signing of a share sales agreement by which, once the usual conditions precedent are met, La Compagnie du Vent will be a wholly-owned subsidiary of ENGIE.
The European Investment Bank (EIB) is assessing a loan of €20 million (US$21.6 million) to support a biomass and waste gasification project in France.
Eiffel Investment Group and European Investment Bank (EIB) have announced the launch of the Eiffel Energy Transition fund with the support of a number of leading institutional investors.
DIF and its co-shareholders Caisse des Dépôts and Solairedirect complete refinancing of a 34 MWp ground-mounted solar PV portfolio.
Sofinnova Partners, a Paris, France-based venture capital firm specialized in life sciences, held the first closing of its latest fund, Sofinnova Industrial Biotech I (Sofinnova IB I), at €106 million (US$112,7 million).
ENGIE and EDPR have confirmed their ambitions in offshore wind to establish a wind farm offering capacity of 250 to 750 MW, off the coast of Dunkirk, in France.
Innergex Renewable Energy Inc. has completed the acquisition of the 44 MW Yonne wind farm located in northern France.
The shareholders of Fonroche, a key player in the renewable energy sector, have announced the spin-off of the company’s businesses into two separate groups.
France has unveiled plans to tender 3GW of onshore wind capacity to be delivered over the next three years.
BayWa r.e. has successfully sold the wind farm St Fraigne, some 140 kilometres North of Bordeaux, to FPCI Capenergie 3 fund managed by Omnes Capital.
DIF Infrastructure III closes the refinancing of a 20.1MWp solar PV portfolio in France.
DIF Infrastructure IV invests in seven roof top solar PV projects in France from Green Yellow.
The Valeco Group, a major player in renewable energy project development in France, has sold 49% of a holding company owning nine wind and solar power projects in France to Mirova-Eurofideme 3, a fund managed by Mirova, a subsidiary of Natixis Asset Management dedicated to responsible investment.
John Laing Group has announced financial close of an investment of €5.90 million to acquire 100% of the Parc Eolien des Courtibeaux wind farm.
Demeter Partners has announced the acquisition by Demeter 4 INFRA of Infravia Capital Partners’ investments into Société de Partenariat Solaire, and Centrales Photovoltaïques en Toitures n°1, two special purpose companies detaining respectively 12.8 MWh and 7.1 MWh of roofmounted photovoltaic (PV) plants.
BKW has signed an agreement to acquire four wind farms in France, with the option to purchase a fifth. The total installed capacity of the four wind farms is 49 MW.
Boralex Inc. has announced the closing of financing for three wind farms in France for a total amount of approximately €100 million (US$109 million), including €11.2 million in financing for value added tax receivable.