August 2019 – Astris Closes the Sale of a 34 MW French Solar Portfolio, held by Ampere Fund and managed by DIF, to Engie Solar

Astris Finance is pleased to announce the successful sale of the Sunrise portfolio of 3 large scale ground-mounted solar plants minority owned by Ampere Fund to Engie Solar. Astris served as the sole financial advisor to DIF, the independent fund manager. Sunrise is the third transaction on which Astris has advised DIF, following the senior debt portfolio refinancing of the Durance solar PV assets in 2017 and the sale Alpine sale process in 2019.

The total capacity of this portfolio adds up to 34 MW. The portfolio included 3 assets, all of which entered commercial operation in 2011. All projects benefit from 20-year Feed-in Tariffs.