Legal firm Watson Farley & Williams (WFW) announced on December 1st it has advised InfraGreen II, a debt securitisation fund or “fonds commun de titrisation”, in connection with the bond funding of three solar and wind projects totalling €15.7 million.
RGreen launched the new securitisation vehicle, InfraGreen II, with the aim of raising a total of 150 million euros and invests in renewable energy greenfield and brownfield assets throughout France and in Europe.
WFW assisted InfraGreen II on their:
The WFW team was led by tax partner, Romain Girtanner, assisted by partners Laurence Martinez-Bellet (Finance), Pascal Roux (Corporate) and Laurent Battoue (Public & Regulatory law) and senior associates, Marie-Laure Brun (Finance) and Anne-Kelly d’Amécourt (Corporate).
Partner Romain Girtanner commented:
“Having advised RGreen for last the two years on a series of investments by its first vehicle, InfraGreen I, we are delighted to have also assisted them in connection with their mezzanine debt financing, which is an innovation in the renewable energy sector. The success of these projects results not only from our knowledge of the sector but also from our ability to combine different areas of expertise, so as to provide new market-relevant legal services.”