Linklaters advises Valeco, Mirova and GEG on a €300 million portfolio financing

Linklaters advised Valeco, Mirova Eurofideme 3 and 4 funds and GEG on a €300 million refinancing of three portfolios of 13 solar and wind farms. Crédit Agricole Group, Bpifrance and Caisse d'Epargne CEPAC acted as arrangers and lenders. This transaction will enable Valeco to develop and finance new energy transition projects.

Valeco, a French subsidiary of EnBW, one of the largest energy companies in Germany and Europe, is a renewable energy generator active throughout the value chain (from identifying suitable sites to selling electricity). Mirova is a management company and a leading player in sustainable investment. GEG is a local power and gas supplier and producer committed to the energy transition.

The Linklaters team in charge of the case was composed of François April, Partner, Romain Marchand, Managing Associate, Mylinh Pham, Associate, Nicolas Le Guernic, Junior Associate, Lauwers Paulien, Trainee, all from the Energy & Infrastructure practice and Cyril Boussion, Partner and Philippe Ludwig, Associates, from our Tax team.