CDPQ supports KKR's stake acquisition in Albioma
Global investment group CDPQ has provided part of the EUR 485 million (US$500.58 million) acquisition financing to support the friendly tender offer launched by KKR & Co. to acquire 100% of French independent renewable energy producer, Albioma.
Albioma SA operates over 1 GW of installed capacity around the world, through thermal, solar, and geothermal power assets, mainly in French metropolitan and overseas territories.
CDPQ is the main lender in the transaction, alongside other commercial lenders and banks. In August 2022, Albioma and KKR signed an agreement for the acquisition of the majority stake in Albioma’s capital.
Country updates
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November 04, 2022
Voltalia plans to build 12.1 MW solar PV project in Grand Est
Voltalia is planning to build a 12.1 MW solar photovoltaic project in the municipality of Wintzenheim in the European Collectivity of Alsace, Grand-Est region, France. Named 'Logelbach Solar Fa...
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October 27, 2022
Neste to supply Air France-KLM with sustainable aviation fuel
The Air France-KLM Group has signed long-term supply contracts with Neste for sustainable aviation fuel (SAF). The agreement covers the provision of 1.6 million tons of SAF between 2023 and 2036, whic...
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October 19, 2022
Commerz Real completes acquisition of 49% stake in French renewable energy portfolio
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October 18, 2022
Voltalia starts construction of 38 MW wind farm in Nouvelle-Aquitaine
Voltalia has started the construction of the 37.4 MW Rives Charentaises wind farm project located in the Nouvelle-Aquitaine region, France. The project will be constructed across six...
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September 30, 2022
French government selects location for 250 MW floating wind project
The Government of France has chosen a location for the 250 MW floating wind project located more than 20 km (12.4 miles) off Pointe des Poulains de Belle-Ile, South of Brittany, France. The offshore...
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