Monday, August 19, 2019

TRIG Acquires French Wind Farms

July 19, 2019

Pic: Watson Farley & Williams LLP

UK-based investment fund  The Renewables Infrastructure Group (TRIG) has acquired stakes in four French onshore windfarms, with a total capacity of 107.8 MW.

 InfraRed’s listed renewables vehicle did not disclose financial details of acquisitions. Watson Farley & Williams (WFW) has advised British investment fund.

WFW assisted TRIG on the acquisition, from their operations manager Renewable Energy Systems (RES), and financing of the two ready to build “Rosières” and “Montigny” wind farms in the Northern French departments of Meuse and Aisne with a total installed capacity of 31.8 MW.

It also assisted the acquisition from the Chinese energy company Envision and financing of the “Energie Entre Tille et Venelle” onshore wind project with a total installed capacity of 40 MW in the Burgundy region.

The acquisition and refinancing of the “Epine Marie Madeleine” onshore wind farm located in Northern French department Hauts-de-France, with a capacity of 36 MW and developed by Nordex and TTR was also supported by WFW.

The WFW Paris team advising TRIG was led by Partners Laurent Battoue and Arnaud Troizier (Regulatory/Project contracts), supported by Partners Arnaud Félix (Corporate), Laurence Martinez-Bellet (Finance) and Romain Girtanner (Tax).

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