FINERGREEN

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

Finergreen is glad to have acted as financial advisor to Groupe Hydrocop to acquire a 33% stake in Nouvelles Energies Hydrauliques (NEH) from Banque des Territoires.   Through this transaction, Hydrocop strengthens its position in the French hydropower market by becoming the sole shareholder in NEH, a strategic asset accounting for 77 MW of installed capacity and 320 GWh of annual production thanks to 20 hydroelectric power stations spread across the Alps.   More details in the press release (in French): https://lnkd.in/dmrKUDV9 We are proud to have supported Hydrocop contributing to secure its position as a leader in small-scale hydroelectricity in France. Congratulations to the Finergreen team involved: Louis Catala, Charles Delienne, Maria Cherradi

Updated version of the results analysis in the comments below 👇 Yesterday, the French Ministry of Solidarity and Ecological Transition released the list of the 120 winning projects for the sixth session of the PPE2 tender for ground-mounted PV. This session was slightly oversubscribed with 948.3 MWp awarded for 925 MWp called. Congratulations to: - Neoen - URBASOLAR - TotalEnergies Renewable Solutions - ARKOLIA - ABO Wind - Groupe Sorégies - Quercus - Solstis SA - ENGIE - TSE - GÉNÉRALE DU SOLAIRE - wpd France - BayWa r.e. Global

📢WE ARE LOOKING FOR A NEW TALENT📢   Our Nairobi office is looking for a new Intern - Financial Analyst! As a member of Finergreen’s team, you will be at the forefront of the energy transition, leveraging your financial expertise on active mandates at all stages (M&A, project finance, etc.).   👉 Please find all the details, requirements, conditions, and how to submit your application here: https://lnkd.in/d3dxbSXa   💡Wondering why you should join Finergreen? Have a look here https://lnkd.in/eUVeM8yf

Finergreen is proud to have advised Léon Grosse on the sale of Sunopée, its subsidiary specializing in decentralized photovoltaic solutions, to Virya Energy. Since its inception in 2020, Léon Grosse has successfully positioned Sunopée as a key player in solar solutions for commercial and industrial (C&I) clients, combining deep expertise in construction with advanced energy solutions. Now, with Virya Energy, Sunopée is ready to accelerate its growth and continue its mission under a new banner. Congratulations to the Léon Grosse team on this milestone and their continued drive towards sustainable and innovative solutions in the construction and energy sectors. More details in the press release: https://lnkd.in/dH2UMhF9 Congratulations to the teams involved: Gide Loyrette Nouel: Guillaume Rougier-Brierre, Morgan Marechal, Iléna Germain Finergreen: Louis Catala, Marine Lantigny, Théo Picard, Mathieu Mourey

Finergreen is glad to share that we advised Sorigué to raise a €20 million financing agreement for its subsidiary ESE Ecotelia Industrial with Solas Capital AG. This investment line partially comes from European Investment Bank (EIB) funds aimed at improving energy efficiency projects and the initial commitment could be increased by a further €10 million. This agreement will boost the development of a wide range of energy efficiency projects for Sorigué's C&I and SME end-customers across the Iberian peninsula, from self-consumption power generation to renewable energy sources including the optimization and renovation of mechanical and thermal systems in buildings, as well as the comprehensive refurbishment of passive elements such as facades, roofs, enclosures, and carpentry to improve thermal insulation. We are glad to have been part of this journey supporting the growth of Sorigué whose projects will be valuable contributions to Spain’s and Portugal’s decarbonization goals. More details in the press release: https://lnkd.in/dWA-y8AB Congratulations to the teams involved: Sorigue: Jose R. Tiemblo, Ignasi Clariana Rueda Solas Capital: Slawomir Huss, Julia Sokolowska, David Salomon Finergreen: Pablo Arbona Palancar, Juan José Pérez Fernández, CFA, Lluís Chavarría Navarro, Daniil Benoit Lefranc, Alessandro Silecchia

Finergreen is glad to share that we have acted as exclusive financial advisor to EDF ENR for the creation of a joint venture with Groupe Crédit Agricole in collaboration with Crédit Agricole Transitions Région (CATR) and CAAP Transitions. This new investment platform is intended to support industrial and tertiary sector players in their transition to renewable energy by deploying solar power plants in their facilities (roofs, car parks, etc.) with the ambition to reach more than 200 MWp of projects in operation by 2028. The platform has already committed to a first transaction involving a portfolio of 18 photovoltaic power plants on roofs and shaded areas, either existing or under construction and development, with a total capacity of 31 MWp. We are delighted to have supported EDF ENR in establishing this strategic partnership, accelerating the energy transition in France, and further solidifying our credentials in the self-consumption area. Congratulations to the teams involved: EDF ENR: Pierre-Marie Tay, Caroline Charhon, Marine HUGOT CATR: Frédéric CHALANCON, Simon Aulagnier CAAP Transitions: Clément CELERIER, Gabriel de Mijolla, Jérôme Vuillemot Finergreen: Théo Barallon, Charles Delienne, Agathe C.

Another successful edition of our FOOT SOLAIRE tournament in France! ⚽️☀️ Congratulations to the 70 teams involved! We are pleased to see this sporty, inclusive, eco-friendly and solidary event grow each year. This year’s edition led to a €10,000 donation to Fondation Synergie Renouvelable, which Finergreen has been supporting for many years, further contributing to the deployment of humanitarian energy access projects worldwide. We would like to thank all the participants, with a special mention to Camille Amar and the Manita team for the organization!  

Juan José Pérez Fernández, CFA, Vice President of Finergreen in Madrid, recently participated in a panel discussion on the impact of the new energy model on the M&A market. The panel was part of an event organized by Aon Spain on the challenges and opportunities of the new energy model. The discussion featured outstanding experts in the field, including Maria Pilar García Guijarro from Watson Farley & Williams, Guillermo Alvarez Orejas from Endesa and Eduardo Guerra Fernández as a moderator from AON.