RiverRock, an alternative asset management firm that invests in private markets and real assets in Europe, announced the signing of an agreement to acquire Exterimmo from Caisse des Dépôts et Consignations (CDC). The acquisition will be done through RiverRock Brownfield Infrastructure I.

Exterimmo holds 12 projects or participation structured as a Public-Private Partnership or Public Service Delegation in France. The portfolio includes the Paris Zoo, energy performance and renovation contracts in schools and university buildings and aquatic centers.

This sale by the CDC is part of its strategy of rotation and resource renewal, which aims to transfer the projects to a recognized player, after successful completion and development. Resources can be then redirected to priority projects that can benefit from CDC’s full support.

The conclusion of the transaction is subject to the usual approvals and conditions precedent.

RiverRock has been advised by Taylor Wessing (Legal), H3P (Financial) and Hogan Lovells– Luxembourg (Tax Structuring). Caisse des Dépôts et Consignations has been advised by Ernst & Young (Financial Advisor) and Allen & Overy (Legal).