Marguerite Pantheon completes sale of 72 MW French solar portfolio

Marguerite Pantheon has completed the sale of a solar portfolio consists of six ground-mounted photovoltaic assets of 12 MW each located in the North-East part of France.

Tenergie - a leading French IPP - in partnership with Crédit Agricole Pyrénées-Gascogne Énergies Nouvelles, acquired the solar PV assets through their subsidiary Terres d’Énergie.

All projects entered commercial operation in July 2012 and benefit from 20-year Feed-in Tariffs with EDF. 

Astris served as exclusive financial advisor to Marguerite and managed the competitive process, which closed in less than 6 months.