Augusta & Co is pleased to announce the sale of one of France’s largest operational onshore wind portfolios to come to market in the last twelve months. The portfolio, situated in the North-East of France, comprises eleven wind farms and produces over 250GWh annually. This significant transaction in the French market attracted interest from both strategic and financial investors.
The wind farms were ultimately acquired by a consortium of investors comprising Amundi Energy Transition – Amundi’s infrastructure investment arm with nearly €1 billion of assets under management, TTR Energy – a Belgian developer with more than 1GW onshore wind development track record in France, Green Electricity Master Invest IV and Hexagon Renewable Energy. Amundi Energy Transition takes a majority stake in the portfolio while TTR Energy will be the manager of the portfolio.
Augusta & Co served as the exclusive sell-side financial advisor representing a well-established European family office. France remains a core market for Augusta & Co in both equity and debt transactions and this deal reinforces our commitment and presence in the French renewable energy sector.
Our client commented: “We are pleased with the successful completion of the transaction and are highly satisfied with the support provided by Augusta & Co. They combined in-depth market knowledge with strategic advice and always found pragmatic solutions.”
Romane Guitard, Partner at Augusta commented: “Leveraging our extensive network of renewable investors, we secured a bidder with strong operational optimization and repowering capabilities. Our European-wide presence and diverse transaction experience have been critical in achieving this outcome, especially in today’s volatile and challenging market environment.”
Contacts:
Romane Guitard RGuitard@augustaco.com
Harry Gibson HGibson@augustaco.com
Quitterie Saguez QSaguez@augustaco.com