Blacrock signs a deal with Samchully for the sale of 14 solar PV projects in France
BlackRock Real Assets has signed off on a deal with Samsung Securities, Samchully Asset Management and Schroder AIDA on the sale of a portfolio of 14 operating PV plants in France.
Samsung served as the financial investor, Samchully as the asset manager and Schroders as the asset management advisor for the transaction.
This PV portfolio reached commercial operation between 2013 and 2015. All 14 plants were optimized by BlackRock through aggregating individual projects, carrying them through the construction phase and completing a refinancing of the project level debt facilities.
Terms of the financial details for the sale were not disclosed, nor was the total general capacity for the portfolio announced.
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