Linklaters Advises Prosolia Energy in Establishing Strategic Partnership with InfraVia to Accelerate Global Growth in Clean Energy
Linklaters has advised Prosolia Energy, one of Europe's leading Independent Power Producers (IPPs) operating in both distributed generation and utility-scale markets, in establishing a strategic partnership with InfraVia, a leading European energy & infrastructure investor. This collaboration is set to bolster Prosolia's international growth and enhance its standing as a leading provider of clean energy to the industrial sector.
Prosolia's extensive portfolio spans approximately 343 MW in operational and under construction projects and includes a promising pipeline of over 3.7 GW of projects actively developing across key European markets, including Spain, Portugal, France, Italy, and Germany.
It includes Prosomnes, a French-based joint venture with Omnes Capital, which currently has close to 212 MW of operational or under-construction projects and an additional 1.8 GW of advanced-stage development projects. The transaction includes buying out Omnes Capital’s entire stake in Prosomnes.
The partnership with InfraVia marks a transformative phase for Prosolia Energy as it accelerates the shift from being a leading IPP to becoming a comprehensive energy solutions provider. With its robust client base and utility-scale projects, Prosolia aims to deliver a comprehensive range of on-grid production, behind-the-meter solutions, and integrated energy management services.
InfraVia’s acquisition of a majority stake in Prosolia International, Prosolia Energy's parent company, along with a substantial capital injection, is expected to provide fresh momentum for Prosolia's ambitious business growth and expansive strategies.
The Linklaters cross-border team was a collaboration among the offices in Madrid, Paris, and Lisbon.
The Linklaters Paris team was co-led by Bruno Derieux, Corporate/M&A Partner in Paris and Samuel Bordeleau, Partner in the Energy & Infrastructure practice in Paris. The team also included Sabine Lee and Arthur Belmer, Associates in the Corporate/M&A practice and Cyril Boussion, Partner, and Hugo Moreira, Associate for tax aspects.
Lara Hemzaoui, Corporate/M&A Partner and Elena Rodriguez, Counsel in Corporate/M&A (both in Madrid) were leading on the overall transaction.