RGreen Invest reaches FC for Nouvelles Energies fund
French alternative energy fund manager RGreen Invest has successfully closed the fundraising of its "NOUVELLES ENERGIES" fund at EUR124 million (US$140.41 million), exceeding its fundraising target of EUR100 million (US$113.23 million) in six months.
Ten French institutional investors have subscribed to this strategy, offering a net return of 5% over 2 years. As a reminder, through the “NOUVELLES ENERGIES” funds, RGREEN INVEST offers an alternative short-term financing solution with fixed-rate for promoters of renewable energy infrastructure projects.
Launched in July 2018, the “NOUVELLES ENERGIES” fund has already contributed to the first financing of solar, wind and storage projects in France and Europe amounting more than EUR50 million (US$56.62 million).
Country updates
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March 15, 2019
Three bids up for Toulouse-Blagnac stake sale
Three bidders are keen on acquiring a sizeable stake in Toulouse-Blagnac airport after its Chinese shareholders launched the sale. In February 2019, Chinese China Airport Synergy Investment Lim...
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March 14, 2019
France advances ADP privatisation
Despite disapproval from opposition groups, the Deputies of the French National Assembly have adopted in new reading the Article 49 of the draft Pact, which provides outlines for the privatization of...
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March 12, 2019
Court to decide on the sale of Toulouse-Blagnac airport to Chinese Casil Europe
Toulouse-Blagnac airport privatization opposition (CGT, FSU31 and Solidaires) appealed to the administrative court for examination of their request for the cancellation of the sale that took plac...
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March 05, 2019
Asterion Industrial Partners and Mirova to acquire French energy services provider
Asterion Industrial Partners has finalised its first acquisition. Together with asset manager Mirova, the company is acquiring Proxiserve, a French energy services provider, in a deal w...
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March 01, 2019
Tender launched for urban development concession in France
The Municipality of Vendargues, located in the Occitanie region of southern France, has launched a tender for the development of an approximately 23.8-hectare site in Meyrargues under the&nb...
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