Every asset has its story.

Hydropower

Sale of a company owning a hydropower plant to be recommissioned, located in the Indre. The plant benefits from grandfathered water rights (fondé en titre). The diverted flow is 12 m3/s. The site offers potential to apply for a capacity increase and an opportunity for an EDF H16 OA contract. Freehold ownership of the plant; the dam belongs to the State.

Hydropower480 kW

Sale of a 480 kW hydropower plant holding a prefectoral authorisation until 2041. The gross head exceeds 200 m. Average annual output is 3 GWh for average revenue of 290 k€ under an EDF H07 contract.

Hydropower2400 kW

Sale of a company owning a 2.4 MW hydropower plant located in the Lot. The plant holds a prefectoral authorisation allowing 102 m3/s to be turbined under a 3.3 m head. Average annual output is 8.1 GWh for average revenue of 730 k€ under an EDF HR97 contract.

Hydropower835 kW

Sale of a company owning 2 hydropower plants located in the Aveyron and the Haute-Vienne. With a combined gross capacity of 1.07 MW, they hold EDF H07 contracts for 13 years and H16 contracts for 20 years respectively. Land control is secured through freehold ownership, with heads of approximately 2.5 m on the Vienne and the Tarn. Total output is approximately 3.3 GWh/year for revenue of 460 k€/year. Access will be opened from 23 December.

Hydropower400 kW

Sale of a company owning a hydropower plant located in Auvergne with a capacity of 400 kW. The plant holds a prefectoral authorisation, has a gross head of approximately 10 m and a diverted flow of 6.06 m3/s. Average annual output is 2 338 MWh. Freehold ownership.

Wind18 MW

M&A

Sale of RTB wind project — Sale of a Ready to Build wind farm project with various WTG options

Financing105 MW

M&A

Buy-side advisory — Buy-side advisor (NBO stage) to an unselected bidder in the ADELE process.

Solar2.2 MWc

M&A

Sale of a portfolio of turnkey photovoltaic plants — Opportunity to acquire 100% of the shares of a company owning 22 rooftop photovoltaic plants in western France with a total capacity of 2.2 MWp. Average annual output of approximately 2.6 GWh for average revenue of 260 k€/year. Commissioning scheduled for 2022.

Wind56 MW

Strategic advisory

Strategic advisory mandate for two developers/IPPs — Strategic advice on the smooth running and monitoring of the development of two wind farms with a combined total capacity of up to 56 MW across 23 turbine locations.

Wind5000 MW

M&A

Advisory mandate — Buy-side advisory for an unqualified bidder in connection with the acquisition of a company and of a large portfolio of solar and wind projects under development and under construction.

Hydropower380 kW

Sale of a company owning a hydropower plant located in the Gironde with a capacity of 380 kW. The plant benefits from grandfathered water rights (fondé en titre), a gross head of 3.3 m and a diverted flow of 13.59 m3/s. Average annual output is 1.1 GWh for average annual revenue of 126 k€ under an EDF H07 contract with a term of 19.5 years. Freehold ownership.

Hydropower800 kW

Sale of a company owning an 800 kW hydropower plant located in the Jura. The plant holds a prefectoral authorisation based on grandfathered water rights (fondé en titre). Average annual output is 2.6 GWh for average revenue of 257 k€ under an EDF H07 contract and on the open market.

Solar324 kWc

M&A

1 ground-mounted photovoltaic plant — Sale of 100% of the shares of a company owning a 324 kWp ground-mounted photovoltaic plant located in the Hautes-Pyrénées (65). The plant was commissioned in 2011. Average annual output is 368 MWh for average revenue of approximately 128 k€/year. Listing restricted to buyers selected for the second round

Hydropower250 kW

Sale of a 250 kW hydropower plant located in the Tarn. The installation holds a prefectoral authorisation until 2048 with an authorised flow of 12 m3/s and a gross head of 2.23 m. Forecast average annual output of 656 MWh for forecast average revenue of 85 k€ (EDF H07 contract): works required. The site offers potential to increase annual output under a new H16 contract. Ecological continuity works are scheduled and must be completed before mid-2022. Freehold ownership.

Hydropower375 kW

Hydro projects under development — Sale of 2 medium-head hydropower projects at development stage. Sites partly benefiting from grandfathered water rights (fondé en titre). Long-term (emphyteutic) lease agreement signed. Dams still in place.

Solar3.2 MWc

M&A

Sale of a portfolio of turnkey photovoltaic plants — Opportunity to acquire 100% of the shares of a company owning 32 rooftop photovoltaic plant projects with a total capacity of 3.2 MWp. Average annual output of approximately 3.9 GWh for average revenue of 400 k€/year.

Solar1050 kWc

M&A

6 photovoltaic plants — Sale of 100% of the shares of a company owning 5 photovoltaic plants, together with one further photovoltaic plant, with a total capacity of 1.05 MWp, located in Loire-Atlantique. Total average annual output is 1.05 GWh for average revenue of approximately 412 k€. Administrative and civil long-term (emphyteutic) leases. Commissioned between late 2011 and mid-2013. The Seller will consider offers for individual assets or for a package comprising the company and the plant.

Solar30 MWc

M&A

Opportunity to acquire two ground-mounted photovoltaic plants under development with a capacity of 30 MWp.

Hydropower1.6 MW

Sale of a company owning 6 plants — Sale of a company owning 6 hydropower plants located in the Vosges with a total capacity of 1.6 MW. The installations hold a prefectoral authorisation and have a head of between approximately 4 and 80 m. Average annual output of 5 GWh for average revenue of 645 k€ under an EDF H07 contract. Forecast revenue under an EDF H16 contract of 1 M€.

Solar2.7 MWc

M&A

15 rooftop solar plants — Sale of 100% of the shares of 3 companies owning 15 operating photovoltaic plants located in south-west France with a total capacity of 2.7 MWp. Total average annual output amounts to 3.5 GWh for an average annual turnover of 2 M€. Building and long-term (emphyteutic) leases. Commissioned between 2011 and 2012.

Hydropower890 kW

Sale of a company owning an 890 kW high-head hydropower plant located in Ariège. The plant operates under a concession with a head of approximately 138 m and a diverted flow of 1.6 m3/s. Average annual output of 4.7 GWh for an average turnover of 397 k€ under an EDF H07 contract. Access restricted to investors shortlisted for the second round of the sale.

Solar279 kWc

M&A

5 photovoltaic plants — Sale of 100% of the shares of a company owning 5 PV plants located in Loire-Atlantique.

Financing48 MW

M&A

Sales of 50% shares of each project — Seller: confidential Buyer: confidential

Hydropower160 kW

Sale of a 160 kW hydropower plant located in the Jura. The plant holds grandfathered water rights (fondé en titre), with a design flow of approximately 14 m3/s and a head of approximately 2 m. Average annual output amounts to 0.7 GWh for an average turnover of 75 k€. Forecast annual output after works would be 0.84 GWh for an average forecast turnover of 96 k€. Asset sale.

Financing645 MW

M&A

Through this transaction, the Romande Energie Group acquired a 50% stake in 6 early-stage projects (462MW, forecast commissioning 2025-2027), with an option to hold between 70% and 100% once each project is secured. The transaction also covered 100% of 7 other projects at an advanced stage of development (162MW, forecast commissioning 2022-2025), 80% of a ready-to-build project (13MW, forecast commissioning 2022) and 100% of a recently commissioned wind farm (9MW).

Hydropower485 kW

Sale of a company owning a hydropower plant located in the Jura, with a gross head of 22.5 m and a diverted flow of 2.2 m3/s. Average annual output of 2.1 GWh is currently sold on the open market, for an average turnover (based on 2019 prices) of 131 k€. Forecast annual output under an EDF H16 OA contract would be 2.3 GWh for an average forecast turnover of 334 k€.

Financing

Debt raising

Fundraising

Hydropower92 MW

Strategic valuation of operating projects — Valuation of a portfolio of 21 operating projects (20 hydropower plants, 1 wind project).

Hydropower339 kW

Sale of a company owning a 339 kW hydropower plant located in Ariège. The plant has a head of 10 m and a diverted flow of 3.5 m3/s. Average annual output of 854 MWh for an average turnover of 102 k€ under an EDF H07 contract.

Hydropower112 kW

Sale of a hydropower project located in Ariège, holding water rights pre-dating the 1919 Act (unlimited duration). The gross head is 6.5 m for a diverted flow of 1.5 m3/s. The site offers attractive potential for an application to increase capacity. Depending on the scenario selected, the capacity of the future plant could range from 93 to 200 kW, for a forecast annual output of 310 to 617 MWh. Forecast turnover under an EDF H16 OA contract will range from 44 to 91 k€. Freehold ownership. Asset sale.

Wind42.5 MW

M&A

"Turnkey" project sale — Project comprising 17 Envision EN 131 2.5MW wind turbines. Sale of 100% of the shares of a 42.5MW wind farm located in the Grand-Est region of France, at ready-to-build stage with all the contracts required for the construction and operation of the wind farm.

Wind25.4 MW

Strategic advisory

Strategic valuation of operating projects — Valuation of a portfolio of 3 operating projects (2 wind projects totalling 22MW, 1 solar project of 3.4MWp) in the context of their sale to a European investment fund.

Wind48.4 MW

M&A

"Turnkey" project sale — Support in setting up the contractual framework required for the construction and sale of a wind farm subject to legal challenge. Sale of 100% of the shares of the wind farm to a European investment fund.

Solar8 MWc

M&A

Sale of the rights to a ground-mounted photovoltaic project to be built — Opportunity to acquire 100% of the shares of a company holding the rights to an 8 MWp ground-mounted photovoltaic project located in the Centre-Val de Loire region. Average annual output > 9 GWh for an average turnover of 480 k€/year. Commissioning scheduled for 2021.

Hydropower400 kW

Sale of a company owning a 400 kW hydropower plant located in Haute-Saône. The plant operates under a prefectoral authorisation with a grandfathered (fondé en titre) base, a diverted flow of 30 m3/s and a head of approximately 2 m. Average annual output amounts to 1.3 GWh for an average turnover of 145 k€. The installation was fully refurbished between 2012 and 2015. Works carried out in 2019 increased annual output, bringing the average forecast turnover to 188 k€. Freehold ownership.

Hydropower160 kW

Sale of a company owning a 160 kW hydropower plant located in Ariège. The plant operates under a recently renewed prefectoral authorisation, with a diverted flow of 1.8 m3/s and a head of 11 m. Average annual output amounts to 545 MWh for an average turnover of 61 k€ under an EDF H07 contract.

Wind6 MW

Strategic advisory

Long-term project financing — Arrangement of long-term project financing to enable the construction and operation of the wind farm

Wind12 MW

Strategic advisory

Long-term project financing — Arrangement of long-term project financing to enable the construction and operation of the wind farm

Wind2.25 MW

M&A

"Turnkey" project sale — Sale of 37.5% of the shares of a 6MW ready-to-build wind project located in the Aube.

Financing48.4 MW

Debt raising

Refinancing — Senior loan refinancing

Financing204 MW

M&A

Sale of French wind projects under development — Opportunity to acquire a pipeline of 2 greenfield wind projects totalling up to 348 MW, located in two different regions of France.

Solar378 kWc

M&A

2 rooftop solar plants — Sale of 100% of the shares of 2 companies owning 2 operating photovoltaic plants located in the Gard (30) with a total capacity of 378 kWp. Total average annual output amounts to 438 MWh for an average turnover of approximately 252 k€/year. Long-term (emphyteutic) leases. Commissioned in 2010 and 2011.

Solar646 kWc

M&A

Asset sale - 5 photovoltaic plants — Opportunity to acquire 5 photovoltaic plants with a total capacity of 646 kWp located in Nouvelle-Aquitaine. Total average annual output of 800 MWh for an average forecast turnover of approximately 352 k€. Long-term (emphyteutic) leases. Asset sale. Access restricted to bidders shortlisted for the second round.

Hydropower204 kW

Sale of 100% of the shares of a company holding the business of one hydropower plant and the land of a hydropower plant located on the Dronne in Charente. The plant operates under a prefectoral authorisation for a maximum gross capacity (PMB) of 204 kW. Average annual output amounts to 803 MWh for an average turnover of 89 k€ under an EDF H07 contract. All of the mandatory investment has been made.

Solar1.25 MWc

M&A

Sale of shares in 3 companies — Sale of 100% of the shares of 3 companies owning 3 operating photovoltaic plants with a total capacity of 1.25 MWp. Total average annual output amounts to 1.3 GWh for an average turnover of approximately 600 k€/year. Long-term (emphyteutic) and rural leases. Commissioned in 2012.

Wind33 MW

Strategic advisory

Buy Side support — Buy side support for an unselected bidder on a portfolio of 2 wind farm projects for a total capacity of 33 MW

Hydropower265 kW

Sale of the assets of a hydropower plant located in Dordogne, operating under a prefectoral authorisation for a maximum gross capacity (PMB) of 257 kW. Head at mean water level of 1.75 m. Average annual output of 1.21 GWh for an average annual turnover of 177 k€ under an EDF HR97 feed-in contract. Installations refurbished between 2014 and 2015.

Hydropower770 kW

Sale of the assets of 2 hydropower plants, 7.6 km apart, located in the Aude with a total capacity of 770 kW. The plants operate under prefectoral authorisations. Medium and high head with tunnels. Average annual output of 2.38 GWh for a total average turnover of 250 k€. EDF H07 contracts.