March 2024 - Astris congratulates its client Tenergie for the successful closing of a c. EUR 107m debt financing of PV rooftop projects located in France

Paris, March 2024 -  We are very pleased to announce the closing of the Tenfi IV project in which we assisted Tenergie, a French leading IPP and long-standing client of Astris in France, in the c. EUR 107m financing of a French portfolio of 331 solar PV rooftop assets with an individual capacity below 500kWp and an aggregate capacity of c. 85 MWp.

The assets, which benefit from 20y FiTs with EDF and take advantage of an optimized FiT price for small rooftops secured once the grid connection is requested, will reach COD over the next 18 months.
 
The transaction was arranged and financed by Credit Agricole, CIC and BPI France.
 
Astris acted as exclusive financial advisor to Tenergie.
 
This financing is another milestone in our long-standing relationship with Tenergie, and an additional French PV rooftop credential in our extensive track record.