July 2021 – Astris Finance congratulates its client, the Paris-based private equity investor Omnes, for the refinancing and subsequent divestment of a 80 MW wind and solar portfolio in France.

The portfolio consists of five wind farms with an aggregate installed capacity of 58MW and two photovoltaic power plants with an aggregate installed capacity of 22MW. The seven assets are in operation and benefit from the French incentive tariff system.

FPCI Capenergie 3, a fund managed by Omnes Capital and the original owner of the portfolio, sold a 100% interest in the portfolio to Italian renewable group ERG. Shortly before the sale, Omnes had implemented a portfolio refinancing, raising more than 100m of senior debt from La Banque Postale and Crédit Agricole Unifergie.

Astris acted as exclusive advisor to Omnes on both the senior debt refinancing and the equity divestment.