Astris Finance congratulates its client TSE, one of the leading French solar energy developers, for the closing of the Aphaia Transaction, which consisted in designing and establishing a strategic partnership in order to finance the growth of a 1 GW+ ground-mounted solar PV platform located in France.

The transaction, which has closed in August 2021, took the form of a minority investment made by la Banque des Territoires (Caisse des Dépôts) and Siloe (Credit Mutuel Equity Infrastructure Fund) in the platform owning the solar assets.

The partnership consolidates TSE’s ambitious development in the French and European markets.

Astris acted as exclusive financial advisor to TSE.