Track record

M&A
14 photovoltaic plants — Sale of 100% of the shares of a company owning 14 operating photovoltaic plants located in south-west France with a total capacity of 2 MWp. Total average annual output amounts to 2.4 GWh for an average annual turnover of 1.3 M€. Access restricted to bidders shortlisted for the second round.

Sale of the assets of a hydropower plant located in Dordogne, operating under a prefectoral authorisation for a maximum gross capacity (PMB) of 500 kW. Gross head of 1.8 m. Average annual output of 1.8 GWh for an average annual turnover of 147 k€ under an EDF HR97 feed-in contract. Installations refurbished between 2013 and 2015. Freehold ownership.

M&A
Project sale — Sale of a 10.5MW turnkey wind project located in Hauts-de-France.

M&A
"Turnkey" project sale — Sale of a turnkey wind project located in the Centre-Val de Loire region.

Sale of a company owning 2 hydropower plants located in the Allier with a total capacity of 680 kW. — The plants are located on the same site and benefit from grandfathered water rights (fondé en titre) and a prefectoral authorisation. The head is 3.50 m and the diverted flow 24.6 m3/s. Average annual output of 2.4 GWh for a total average turnover of approximately 290 k€. EDF H07 contracts. Freehold ownership.

Strategic advisory
Valuation of a project under development — Valuation of a project at its current stage of development to enable a co-shareholder to join the project

Strategic advisory
Strategic valuation of operating projects — Support with the strategic analysis of 4 wind projects and repowering scenarios covering turbine models, number, hub height and layout on the existing projects. Economic and financial modelling of the scenarios to compare annual output, development, capital and operating costs, and determine the best options for each site.

Sale of a 500 kW hydropower plant

M&A
Sale of a photovoltaic plant — Sale of a photovoltaic plant with an installed capacity of 141.6 kWp located in Hautes-Alpes. Estimated average annual output of 191 MWh for an average annual turnover of 102 k€ (tariff in year 1: 52.528 c€/kWh). Commissioned in December 2011. Asset sale. Lease to be drawn up.

M&A
Sale of a portfolio of 2 rooftop solar plants — Sale of 2 rooftop photovoltaic plants located in Isère and the Var with a total capacity of 320 kWp. Average annual output of 372 MWh for an average turnover of 222 k€. Long-term (emphyteutic) leases.

M&A
Sale of the shares of a company owning a 357 kWp photovoltaic plant located in Hautes-Alpes and commissioned in December 2011. Average annual output of approximately 475 MWh for an average turnover of 302 k€/year (tariff at 21/12/2018: 63.57 c€/kWh). Long-term (emphyteutic) lease.

Sale of a 940 kW hydropower plant located in Ariège, operating under a prefectoral authorisation specifying a maximum gross capacity (PMB) of 1 MW, a head of 3 m and a diverted flow of 33 m3/s. Average annual output amounts to 2.7 GWh for an average turnover of approximately 220 k€ under an EDF H07 contract. Potential to increase annual output. Asset sale.

Sale of a company owning 2 hydropower plants 5 km apart, operating under prefectoral authorisations, with a total gross capacity of 2.4 MW. Heads range from 3 to 4 m for a diverted flow of 30 to 40 m3/s. Total average annual output of 3.7 GWh for an average turnover of 407 k€ under an EDF H07 contract. Both installations offer strong potential to increase annual output, with a forecast turnover under an H16 contract of 1 M€. Freehold ownership.

M&A
Sale of the shares of a company owning a 174 kWp photovoltaic plant located in Morbihan and commissioned in November 2011. Average annual output of approximately 183 MWh for an average turnover of 117 k€/year (tariff at 16/11/2018: 63.409 c€/kWh). Long-term (emphyteutic) lease.

Debt raising
Long-term project financing — Arrangement of long-term project financing to enable construction of the wind farm.

Sale of 100% of the shares of an SAS owning a 245 kW plant located in the Jura. Prefectoral authorisation for a maximum gross capacity (PMB) of 323 kW, a head of 5 m and a diverted flow of 6 m3/s. Forecast average annual output under an EDF H07 contract is between 859 and 993 MWh for an average turnover of between 99 and 115 k€.

M&A
Sale of a 16 MWp photovoltaic portfolio — This transaction concerns the opportunity to acquire 100% of the shares of an SAS company directly owning 58 operating photovoltaic plants and 47 photovoltaic plants to be built, with rooftop capacities of 5,853 kWp and 10,455 kWp respectively. Total average annual output will amount to 21.9 GWh for a total average annual turnover of 2,930 k€.

Strategic advisory
Bridge loan & long-term project financing — Arrangement of a bridge loan to start construction of the wind farm, followed by long-term project financing to enable the full construction of the wind farm and its sale.

Sale of the assets of 2 hydropower plants, 1,450 m apart, located in Aveyron with a total capacity of 1,200 kW. The plants operate under prefectoral authorisations. Average annual output of 2.18 GWh for a total average turnover of 196 k€. EDF H07 contracts.

Strategic advisory
Buy Side support — Buy Side support (NBO & BO stages) for an unselected bidder on 118 MW operating projects and 650MW under development projects during VIVALDI process.

M&A
Sale of a portfolio of 2 photovoltaic plants — Sale of the shares of a company owning 2 photovoltaic plants with a total capacity of 253 kWp located in Alpes-de-Haute-Provence and commissioned in March 2012. Average annual output of approximately 303 MWh for an average turnover of 154 k€/year (2019 tariff: 50.896 c€/kWh). Long-term (emphyteutic) lease.

Sale of a 1,550 kW hydropower plant. The authorised flow is 50 m3/s for a gross head of 4.07 m. Average annual output amounts to 5,464 MWh for an average turnover of 521 k€ under an EDF H07 contract.

M&A
Sale of a portfolio of photovoltaic plants — Sale of 100% of the shares of a company owning 55 rooftop photovoltaic plants. The plants were commissioned between 2012 and 2015. Overall average annual output amounts to 500 MWh for an average turnover of approximately 160 k€/year.

M&A
Sale of 2 companies owning 2 ground-mounted photovoltaic plants with a capacity of 18.7 MWp located in the Gers (32).

M&A
Buy Side support — Finance & Strategic advisor to CNR in order to buy Vol-V platform

Strategic advisory
Strategic valuation of operating projects — Valuation of a portfolio of 6 operating projects

M&A
Buy-side advisory up to and including the BO stage for an unsuccessful bidder in the MEADOWS process

M&A
Sales of RTB Wind Project — Sale of 100% of the shares of a 9MW RTB wind project, comprising 3 turbines and located in western France. Access restricted to bidders shortlisted for the second round.

Sale of a 230 kW hydropower plant located in Ariège. The plant holds a prefectoral authorisation with an authorised flow of 10 m3/s for a gross head of 2.36 m. EDF H07 contract.

Sale of a portfolio of 8 hydropower plants, operating under prefectoral authorisations and located in the Tarn (5 plants on the same river, all 5 in cascade), Dordogne, Charente and Gers departments, currently totalling an average annual output of 11.5 GWh and an average turnover of 1.4 M€. The plants offer significant capacity upgrade potential (authorised for a third of them, under administrative review or in development for the others): 38 to 41 GWh per year for an average forecast turnover of 4.9 to 5.7 M€, according to an output study already carried out. Depending on the plant, the sale covers either all of the shares or the assets. The Seller will consider offers for individual plants or for lots. Access restricted to bidders shortlisted for the second round

Sale of 2 hydropower plants located in Isère and the Loire with a total capacity of 1.4 MW. The plants operate under prefectoral authorisations. Average annual output of 5.3 GWh for a total average turnover of approximately 504 k€. EDF H07 contracts. Asset sale. Freehold ownership. The Seller will consider offers for each plant individually or for both plants together.

Sale of a 210 kW hydropower plant located in the Vienne. Prefectoral authorisation with a grandfathered (fondé en titre) base. The plant has a head of 1.3 m at mean water level and a diverted flow of 20 m3/s. Average annual output of 600 MWh for an average turnover of 60 k€ under an EDF H07 contract. Freehold ownership. Asset sale.

Sale of 2 hydropower plants, 900 m apart, located in the Ain with a total capacity of 861 kW. The plants operate under prefectoral authorisations. Average annual output of 2.08 GWh for a total average turnover of approximately 245 k€. EDF H07 contracts. Significant compliance works are to be planned on the first dam.

Sale of a 270 kW hydropower plant holding grandfathered water rights (fondé en titre), located in Haute-Vienne. Average annual output of 887 MWh for an average annual turnover of 94 k€ under an EDF H07 contract. Asset sale. Freehold ownership.

Sale of a company owning a hydropower plant holding grandfathered water rights (fondé en titre) plus a prefectoral authorisation for 539 kW, located in Ariège. Head at mean water level of 4.6 m for a diverted flow of 12 m3/s. Average annual output amounts to 1.9 GWh for an average turnover of 206 k€ under an EDF H07 contract. Freehold ownership.

Sale of the assets of a hydropower plant located in the Ardennes, operating under a prefectoral authorisation for a maximum gross capacity (PMB) of 666 kW, with a grandfathered (fondé en titre) base of 55 kW. Gross head of 5.84 m. Average annual output of 1.3 to 1.5 GWh for an average annual turnover of 133 to 151 k€ under an EDF H07 feed-in contract. Installations refurbished in 2011-2012. Freehold ownership.

Strategic advisory
Bridge loan & long-term project financing – project subject to legal challenge — Arrangement of a bridge loan to start construction of the wind farm and lock in its timetable. Refinancing of the bridge loan through project financing suited to projects subject to legal challenge.

Sale of the assets of a hydropower plant located in Haute-Loire, operating under a prefectoral authorisation. Average annual output of between 2.4 and 2.9 GWh for a turnover of between 180 and 239 k€. Compliance works to be carried out. Freehold ownership and temporary occupation permit (AOT).

M&A
Sale of an operational wind project — Asset sale: a 1 MW wind turbine, commissioned in 2010, together with all associated rights and permits. Theoretical annual output of 1.8 GWh. Works required before recommissioning. EDF feed-in contract (OA) in force. Land rights secured until 2046

Sale of 100% of the shares of a company owning two hydropower plants (one of them medium-head) with a total installed capacity of 295 kW located in the Drôme. Prefectoral authorisations. Total average annual output of 992 MWh for an average turnover of 112 k€. EDF H07 contracts (new CODOA obtained for one of the two plants).

Sale of 100% of the shares of a company owning a portfolio of 5 hydropower plants with a total capacity of approximately 2 MW located in Meurthe-et-Moselle and Haut-Rhin. Average annual output is close to 7 GWh for a total average turnover of approximately 550 k€. The 5 plants are spread across 2 sites and operate under prefectoral authorisations. Compliance works are to be planned in 2019 for one of the 2 sites.

Sale of the assets of a hydropower plant located in Haute-Garonne, operating under a prefectoral authorisation currently under renewal. The plant currently turbines 55 m3/s under a 2.9 m head. Average annual output of 5.4 GWh for an average annual turnover of 286 k€ on the open market. Freehold ownership and temporary occupation permit (AOT).

M&A
Sale of the rights to a photovoltaic car park canopy project with a capacity of 6,600 kWp. The project is located in the Auvergne-Rhône-Alpes region and will produce 8 GWh for an average turnover of 850 k€/year.

M&A
Project sale — Project comprising 16 Envision EN 131 2.5MW wind turbines. Sale of 100% of the shares of a 40MW 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.

Sale of 100% of the shares of a company owning a 130 kW hydropower plant located in Haute-Vienne. Average annual output amounts to 545,000 kWh for an average turnover of approximately 58 k€. Prefectoral authorisation for a maximum gross capacity (PMB) of 140 kW, of which 46 kW is recognised as grandfathered (fondé en titre). The plant has a head of 1.56 m for a diverted flow of 9 m3/s. EDF H07 feed-in contract, with commissioning in mid-2015.

Sale of a 400 kW hydropower plant located in Isère. The plant holds a prefectoral authorisation with an authorised flow of 1.65 m3/s for a gross head of 70 m. Average annual output amounts to 1.25 GWh for an average turnover of 145 k€ under an EDF H07 contract.

Strategic advisory
Strategic valuation of operating projects — Valuation of a portfolio of projects in operation, under construction and ready to build

M&A
Opportunity to acquire up to 100% of the shares of a company owning 6 photovoltaic plants with a total capacity of 2,215 kWp located in Auvergne-Rhône-Alpes and Occitanie. Average annual output of 2.759 GWh for a turnover of 1,329 k€/year. The portfolio comprises: - 1 ground-mounted plant from 2011 with a tariff of 34.066 c€/kWh in 2018. - 5 freehold rooftop plants from 2011 with a tariff of 61.698 c€/kWh in 2017.
Our teams value your asset and run the competitive process across our network of more than 1,400 investors.