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Norton Rose Fulbright advises Macquarie on the sale of 63 MW wind assets in France to ERG Renew Spa.

30 Jun 2015

Norton Rose Fulbright is advising Macquarie European Infrastructure Fund on the sale of a 100% equity interest in four companies owning six wind farms located in France possessing a total installed capacity of 63.4 MW to ERG Renew Spa, a wind energy operator in Italy.

The transaction, which encompasses assets with a value of 72 million euros, is scheduled to complete by the end of July 2015.

The Paris Energy team in charge of the transaction was led by partner Arnaud Bélisaire, assisted by Simon Cudennec and Estine Perrodo for project and corporate issues and Eran Chvika for financing issues.

Earlier in 2015, the team advised Macquarie European Infrastructure Fund 4 on the acquisition of Sorgenia Green Srl, the owner of a 165 MW (82.2 MW net) portfolio of French operational wind assets and a development pipeline of 40 MW of projects in France.

Created in 2001, the Norton Rose Fulbright energy practice in Paris, led by Anne Lapierre and Arnaud Bélisaire, is comprised of seventeen lawyers and has a strong track record in renewable energies in France, Africa and Latin America.

ERG Renew is advised by Ashurst Paris partners Bertrand Delaunay and Michel Lequien, assisted by Jacques Dabreteau and Mathieu Rétiveau.

Matter Type
Asset Sale: Seller's Counsel
Industry
Fund/Investment Management
News Category
M&A
Real Estate & Construction