August 2019 – Astris Closes the Sale of 72 MW French Portfolio for Marguerite Pantheon

Astris Finance is pleased to announce the successful sale of a portfolio comprised of six ground-mounted PV assets of 12MW each, located in the North East part of France. The portfolio was 100% held by Marguerite Pantheon and managed by Marguerite on behalf of Pantheon.

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.

 

Marguerite Pantheon: Marguerite Pantheon SCSp is an alternative investment fund, owning a portfolio of European renewable and concession-based assets, managed by Marguerite. Pantheon, a leading private markets investor in private equity, infrastructure and real assets, is the only investor in Marguerite Pantheon SCSp.

 

Marguerite: Marguerite is a leading independent fund management company, offering investors access to diversified long-term infrastructure projects in Europe. Marguerite has more than 1.5 EURbn of assets under management through three funds: Marguerite I, Marguerite II and Marguerite Pantheon