DIF sells its stakes in 29 solar assets in France
DIF Infrastructure III and DIF Infrastructure IV have announced the completion of the sale of their stakes in a portfolio of 29 French solar plants to Terres d’Energie, a company whose majority shareholder is Tenergie, a successful French Independent Power Producer that specializes in renewable energy. The Portfolio’s total capacity is 107.8 MW comprising of:
a DIF III owned shareholding in projects with total capacity amounted to 97.8 MW; and
a DIF IV owned shareholding in projects with total capacity amounted to 10 MW.
The Portfolio includes a mix of ground-mounted and rooftop assets (including a number of assets developed by GreenYellow on Casino supermarkets), which achieved commercial operations between 2009 and 2016. Most plants were acquired by DIF during construction. They all benefit from 20-year Feed-in-Tariffs.
DIF was advised by Astris Finance (Financial), Clifford Chance and LPA-CGR (Legal) and RINA (Technical).
Country updates
-
-
April 02, 2019
EDF Renewables acquires French solar operator with 1GW of solar
EDF Renewables has announced that it has acquired the LUXEL Group, an independent solar energy player in France. LUXEL holds a portfolio of one gigawatt peak (1 GWp) of projects already in operation,...
Read more -
April 02, 2019
TRIG completes purchase of 40 MW Tille et Venelle wind project from Envision Group
London-listed investment company, The Renewables Infrastructure Group (TRIG), has completed the purchase of an under construction 40 MW Tille et Venelle wind farm located in Burgundy, central France....
Read more -
April 02, 2019
Falck Renewables completes purchase of 60 MW French wind portfolio from Glennmont
Falck Renewables has completed the purchase of a 60 MW wind portfolio located in France from Glennmont Clean Energy Cooperatief UA for a total consideration of EUR36.9 million (US$41.9 milli...
Read more -
March 18, 2019
RGreen Invest closed purchase of stakes in Alliance Bio
RGreen Invest has closed the purchase of a significant stake in Alliance Bio, a French organic farming company. Alliance Bio picks and sells the output of many farmers in the French departm...
Read more -
March 18, 2019
Bids submitted in for 600 MW Dunkirk offshore wind
8 companies have submitted proposals for the development of the the 600MW Dunkirk offshore wind farm in France. In December, the consortium comprising Iberdrola and Res decided not to continue in...
Read more
