Astris Finance is pleased to announce the successful sale by Acofi Gestion, on behalf of its fund Transition Energétique France, to EOS Holding and Groupe Romande Energie, through its subsidiary Romande Energie France, of two portfolios of renewable energy projects located in France.

The first portfolio is comprised of 4 ground-mounted PV projects of 12 MW each, located in the South West part of France. The second portfolio, with a total capacity of 78 MW is comprised of 3 onshore wind projects totaling 37MW and of ground-mounted PV and BIPV projects totaling 41MW.

Projects entered commercial operation between 2012 and 2017 and benefit from 20-year and 15-year Feed-in Tariffs, respectively for PV projects and Onshore Wind projects, with EDF.

Astris served as exclusive financial advisor to Acofi Gestion and managed the competitive process. The transaction was closed on March 31st, 2020 despite the challenging context.