DIF completes the sale of 6 French wind projects

DIF has announced that the sale of a portfolio of operational French wind projects by the DIF Renewable Energy Fund to a fund managed by Allianz Global Investors (Luxembourg) (AGI), has been completed.

The portfolio comprises six projects, with a total installed capacity of 62 MW, that were commissioned between 2006 and 2009.

• DIF’s advisers included Watson Farley & Williams (legal) and Augusta & Co (financial advisor). 
• AGI was advised White & Case (legal), TUV Sud (technical) and EY (financial)

DIF is an independent and specialist fund management company, managing funds of approximately €3.2 billion. DIF invests in infrastructure assets that generate long term stable cash flows, including PPP / PFI / P3 and renewable energy assets in Europe, North America and Australia. DIF has offices in Amsterdam, Frankfurt, London, Paris, Luxembourg, Madrid, Toronto and Sydney.