Banque des Territoires buys 50% share in Total's 143 MW French wind and solar portfolio
Total, through Total Quadran - its renewable electricity production subsidiary in France, and Banque des Territoires have signed an agreement upon which Banque des Territoires takes a 50% equity stake in Total Quadran’s portfolio of solar and wind energy assets in France with a total capacity of 143 MW. The portfolio consists of 11 wind farms and 35 solar power plants, with a cumulative capacity of 96 MW and 47 MW, respectively and has been valued at around EUR300 million (US$330.6 million) in this transaction.
The entry of Banque des Territoires into both portfolios alongside Total Quadran will enable Total Quadran to pursue further development of renewable energy projects in France in partnership with a locally established payer committed to regional development.
Country updates
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January 24, 2020
Atlantique Offshore Energy to start construction of substation for 480 MW Saint-Nazaire offshore wind power plant
Atlantique Offshore Energy-led consortium has launched the construction of the electrical substation for the 480 MW Saint-Nazaire offshore wind power plant currently being developed off the coast...
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January 17, 2020
Siemens Gamesa concludes the acquisition of the 9 GW European Onshore Service Business and IP division of Senvion
Siemens Gamesa Renewable Energy has closed the acquisition of the assets of the European division of Senvion Services, as well as its intellectual property (IP). The transaction amounts to approximate...
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January 07, 2020
European Commission approves acquisition of Senvion's 8.9 GW European Onshore Service Business by Siemens Gamesa
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control over certain assets belonging to Senvion GmbH of Germany by Siemens Gamesa Renewable Energy, S.A....
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December 18, 2019
Sif to deliver monopiles and transition pieces for 480 MW Saint-Nazaire offshore wind power plant
Eiffage Métal SAS has awarded Sif Holding n.v. the order for the delivery of 80 monopiles and the primary steel for 80 transition pieces (77 KTon steel) for the 480 MW Saint- Nazaire offshore w...
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December 17, 2019
Engie buys Renvico Holding from Macquarie and KKR
ENGIE has announced the acquisition of Renvico from Macquarie Infrastructure and Real Assets (MIRA), via Macquarie European Infrastructure Fund 4, and from KKR with its co-investors. The onshore wind...
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