Paris, October 2024 - Astris Finance congratulates its client TSE for successfully raising a 65m€ financing from Eiffel Investment Group.

After raising €130 million in equity from Eurazeo, Crédit Agricole and Bpifrance in 2023, TSE, a leading French solar energy producer and developer, has further strengthened its financing structure by issuing a €65 million bond subscribed by a fund managed by the Eiffel Investment Group.

Bond proceeds will finance the investments made by TSE in new solar photovoltaic power plants, for a cumulative capacity of around 800 MW -- the annual consumption of 450,000 inhabitants.

Astris acted as exclusive financial advisor to TSE on three financing transactions this year. This is a testimony to Astris’s premier position in the European solar PV financing sector and another milestone in our fruitful collaboration with TSE.