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Norton Rose Fulbright advises Falck Renewables on the acquisition of five wind farms

08 Jan 2019

Global law firm Norton Rose Fulbright has advised listed Italian energy company Falck Renewables S.p.A, through its France-based subsidiary Falck Energies Renouvelables SAS, on the acquisition, for an expected price of approximately EUR 37m, of a portfolio of five operating wind farms totaling an installed capacity of 59.5MW, with an expected annual total output of 117 GWh, from clean energy investor Glennmont Clean Energy Cooperatief U.A.

The wind farm facilities located in France are those of Bois Ballay, Mazeray and Noyales (12,5MW each), Eol Team (12MW) and Les Coudrays (10MW).

Norton Rose Fulbright's energy team in Paris was in charge of all the project aspects and transactional support of the transaction.

Arnaud Bélisaire, partner, co-head of the energy practice in Paris, commented: "We are very pleased to have advised Falck Renewables which will reinforce its production of electricity from renewable sources in France, one of its strategic markets."

The team advising Falck Renewables for this transaction was led by Arnaud Bélisaire, assisted by Amandine Delsaux, senior associate, Pierre Thévenin-Montefiore and Thomas Chneiweiss.

Matter Type
Asset Sale: Acquiror's Counsel
Industry
Energy & Utilities
News Category
Real Estate & Construction
Energy, Utilities & Natural Resources