FINERGREEN

We are glad to announce that we have advised ib vogt, during the sale of a 66MWp solar PV project located in Ballószög, Hungary. The agreement has been signed on 18 December with Hungarian MOL Group. Construction works are finished, and trial runs are expected to start in January 2025. The solar farm will begin commercial operation in Q1 2025. We would like to thank ib vogt GmbH for their trust. Congratulations to the teams involved: ib vogt: Dawid Jazwa, Hamish Duncan, Maciej Szczepański, Bence Molnár, and Dániel Rapp MOL: Marcell Horváth, Eszter Dósa, Mátyás Hunyadi, and Csaba István Farkas Dentons: János Csáki, and Frantisek Ordódy Finergreen: Filippo Bolla, Sergio Mandru Ciobu, and Bálint Nedók.

We are proud to announce our role in supporting Econergy Renewable Energy Ltd. in securing long-term financing for the 91.6 MWp Parau Solar PV Project, part of its impressive 2.1 GW renewable energy portfolio in Romania. The project has successfully secured a EUR 38 million long-term refinancing facility from Raiffeisen Bank International AG. We’re honored to support Econergy as they continue to lead the way in Romania’s PV sector, currently operating projects with a total capacity of approximately 250 MW. Congratulation to the Finergreem team involved: - Sergio Mandru Ciobu - Luca Cristian Nicolae.

Two days ago, the first solar and wind CfD tender results were announced in Romania. Congratulations to: -SCATEC SOLAR ASA -R.Power Renewables -Econergy Renewable Energy Ltd. -Hyperion Renewables -EMSOLT INVESTMENTS -Nofar Energy -Rezolv Energy -Radramo Power -Renovatio -European Energy -Greenvolt Group -Eurowind Energy -Groupe Qair -Electrica.

We are glad to announce that we have advised Râcines, a joint venture between Infragreen (the equity strategy funds of RGREEN INVEST) and Sun'R , into securing a €38 million in senior financing arranged by Crédit Agricole Transitions & Energies (CA-TE) to develop its dynamic agrivoltaic PV portfolio. This financing supports 11 assets totaling 32.3 MWp, jointly developed with Sun'Agri. The innovative Sun'Agri technology leverages AI-driven, custom-designed algorithms to tilt solar panels according to the crops’ precise sunlight or shade requirements—particularly critical for plantations in Southern France affected by climate change. With this transaction, Râcines expands its dynamic agrivoltaic PV capacity to approximately 58 MWp, reinforcing its leadership in this emerging field at the intersection of renewable energy and sustainable agriculture. We would like to thank RGreen Invest and Sun'R for their trust. Congratulations to the teams involved: RGreen Invest: Rémy Prieur and Bastien Doutreleau, CFA Sun'R: Alexandre Nivel and Vincent Morin Crédit Agricole: Annick Bordachar KilowattSol: Laurent Gaubert BCLP: Charles Sechao, Michaël Haddak and Jean-Pierre Delvigne Finergreen: Audrey Culeron, Iman Dakhlaoui and Arthur Omont. Crédit photo: Sun'Agri

Aurelien Ducroz participated with Jonathan Chodkiewiez, his co-skipper, to the iconic Rolex Middle Sea Race. This 606-mile race, from Malta to Sicily to Malta again, ended on October 24th after four and a half days at sea. 🏁 Our Paris-based Managing Partner Théo Barallon [first picture, on the left] was the surprise guest of this 45th Edition to team-up with Aurélien and Jonathan! 🏆 Congratulations are in order, since the Crosscall Sailing Team managed to finish at the third place (category Class40), despite a very eventful race. “We really pulled out all the stops and never let up [and] Théo helped us as much as he could” – Aurélien Ducroz “We went through a stormy first night with winds of over 40 knots and some spinnaker issues, a first for me, followed by two days without wind at all before finding more favorable conditions. It was an incredible experience" – Théo Barallon ⛵ After four years of a fruitful partnership with Aurélien, Finergreen is happy to continue in 2025! We are looking forward to sharing his path with our clients and our people. We would like to wish Aurélien the best for his winter adventures, as well as for his new book who has recently been published: https://lnkd.in/enZvFMEs.

Finergreen is glad to announce that we have assisted Econergy Renewable Energy Ltd. in financing the 58 MWp #IancuJianu solar PV project, part of its 2.1GW portfolio in Romania. The company has agreed to a EUR 28m short-term construction debt package from Kommunalkredit Austria AG to back the construction. We are proud to have supported Econergy in continuing to lead "the PV sector in Romania, operating projects with a total capacity of around 250 MW" (Econergy). 👏 More information here: https://lnkd.in/e2E6y76B Congratulations to the Finergreen team involved: - Sergio Mandru Ciobu - Luca Cristian Nicolae

👉 Updated version of the results in the comments below. Two days ago, the French Ministry of Ecological Transition and Territorial Cohesion released the list of the 72 awarded projects under the eighth session of the PPE2 rooftop PV tender. In total, 253 MWp were awarded during this session. Congratulations to: - Technique Solaire - URBASOLAR - Sunrock - TERRA SOLAIRE - REDEN - Amarenco / TotalEnergies - R-EV - Sun'R - Eneragri Serres Agricoles Solaires - Neoen - SILOSUN - SOLGES ENERGY - ALOA'SOL

We are thrilled to announce that we have acted as sole financial advisor to Ciel & Terre International in the sale of 18.6 MWp floating solar portfolio in Japan to Shizen Energy Group & Sumitomo Mitsui Finance and Leasing Company, Limited. Ciel & Terre has been specializing in deploying floating solar power plants, from design to distribution and installation, since 2011. This transaction represents another milestone for the company that installed its first floating solar plant in Japan in 2013, representing the world’s first MWp-scale floating solar project. Today, Ciel et Terre has managed a portfolio of 220 MWp with 136 solar plants in operation in Japan. Through this transaction, Finergreen confirmed its increasing footprint in Japan and the strong commitment of the firm to actively participate in Japan's long-term decarbonization strategy. More details in the dedicated press releases: Shizen Energy: https://lnkd.in/eUM-HRkf SMFL: https://lnkd.in/etRwVS4T Finergreen: https://lnkd.in/e_GGHaUe Congratulations to the teams involved: - Ciel & Terre: Alexis GAVEAU, Takehisa Hirose - Shizen Energy: Xiaofei Tan, Michael Butler, Hiroki Koga, Oliver Senter - Sumitomo Mitsui Finance and Leasing Company, Limited team - LPA: Lionel Vincent, Pascal・聡平 MAGES - Mori Hamada & Matsumoto: Nobuhiko Suzuki - Finergreen: Rohan Singh, Damararose Rhisia Taruli, Héléna Caramelle, Lee Cheng-Shaun

Finergreen congratulates its client EDF International on reaching financial close for the Oasis 1 Battery Energy Storage Systems (BESS) portfolio in collaboration with co-sponsor Mulilo, and equity partners Pele Green Energy and GIBB-Crede. The portfolio includes three projects awarded in the first round of South Africa’s Battery Energy Storage Independent Power Producer Procurement Programme (BESIPPPP): - Oasis Mookodi (77 MW capacity with 308 MWh storage), - Oasis Aggeneis (77 MW capacity with 308 MWh storage), - Oasis Nieuwehoop (103 MW capacity with 412 MWh storage). Capital funding of 7 billion Rand (circa USD400 million) will be provided from the Standard Bank of South Africa and ABSA, to finance the portfolio. The Oasis projects are expected to be commissioned within 24 months and will operate under a 15-year Power Purchase Agreement with South Africa’s public utility Eskom. Finergreen is proud to have advised EDF International throughout the process including bid support, PPA signing, and capital raising to support the consortium’s in strengthening the security of supply and stabilising the electrical grid in South Africa. Congratulations to the teams involved: -#edfinternational & #edfrenewables (South Africa): Pedro Andrés Parvex Hoyuela, Giulia Cigrin, Ravisha Shantikumar, Karabo Ndhlovu, Sam van Embden, Wes Fallon, Taoana Bokang, Faisal Kittana, Mpho Aphane, Laurent Clément -Standard Bank: Nicholas Knott-Craig, Sherrill S Byrne, Stephanie S Du Toit, Seadimo S Seate-Wessie, Rentia van Tonder - ABSA: Shaun Moodley, Nikhil Kasiram, Belita Jardine, Neil Wortmann, Theuns Ehlers - Finergreen: António Ferreira Pinto, Ross Murray, Emma Friedman

We are thrilled to announce that we advised Kyotherm into securing a new strategic financial partnership with InfraVia Capital Partners. Through this transaction, Infravia Capital Partners will become the first shareholder in Kyotherm to contribute financing a massive €1bn+ investment plan within the next 5 years. Kyotherm’s management team and Andera Partners remain shareholders of the company, while Starquest, Noria, Johes, Bpifrance, CICLAD and friends & families exit the shareholder base. In less than 15 years, Kyotherm has become a key leader in the decarbonization sector specializing in renewable heating and energy efficiency solutions for industrial clients in Europe and the United States. To date, the company has secured 60 projects in 12 countries representing around 1 TWh per year of carbon-free energy, including geothermal, biomass, solar thermal, energy efficiency as well as flexibility & storage. After assisting Kyotherm with a €45 million equity fundraising with Andera Partners in 2022 and advising the company on the issuance of green bonds for a total outstanding of more than €50 million, Finergreen would like to thank Kyotherm and its shareholders for their continuous trust. More details in the dedicated press releases: Kyotherm - https://lnkd.in/eep7eV4M InfraVia Capital Partners - https://lnkd.in/e24yV9Br Congratulations to the teams involved: Kyotherm: Arnaud SUSPLUGAS, Thibault Chevallier, Rémi Cuer Infravia Capital Partners: Aymar de Tracy, Coralie Durbec, Benjamin Jeanpierre, Tomas Kubinyi, Camille Note Andera Partners: Guy Auger, Mathis Merlot Finergreen: Théo Barallon, Bastien Martinez, Agathe C., Arthur Omont, Maria Cherradi Starquest, Noria, Johes, BPI, Ciclad: Arnaud Delattre, Quentin Simon, Christophe Guillaume, Geoffroy de Carbonnières, CFA, Jean-François Vaury, Aurélien Hüe, Benoît Villain, Eric Bruguiere, Ying Xiao