CMS Francis Lefebvre Lyon Avocats advised Terravent in the acquisition from BayWa r.e. of the “Le Grand Champ” wind farm located in the region “Pays de la Loire” of France.
Following the acquisition of this new 9 MW-capacity wind farm, Terravent now owns five wind parks in France representing a total capacity of almost 80 MW. The Terravent group has a total of 10 onshore wind farms with a combined installed capacity of 147 MW and annual electricity production of almost 360 million kWh.
Terravent is an investment company founded by a number of Swiss power generation companies (Axpo, SN Energie, EWL, Elektizitätswerke des Kantons Zürich, Azienda Ellectrica Ticinese and Elektrizitätswerk des Kantons Schaffhausen AG). They work together to purchase and hold renewable energy production projects located in Europe. Shareholders invest with a long-term outlook in onshore wind energy production in particular. Terravent has invested more than 120 million Swiss francs in wind farms since its creation in 2011 and intends to expand its portfolio further still.
The CMS Francis Lefebvre Lyon Avocats team that advised Terravent during this transaction was composed of Jean-Thomas Heintz, partner for general coordination and Corporate/M&A affairs, Laurent Romano, partner for contract-related affairs, and Emmanuel Faury, partner for tax-related affairs.
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