CGNEE, a subsidiary of the China General Nuclear Power Group, acquired a 71 MW onshore wind portfolio in France from Vol-V, underscoring the growing investment opportunities in the renewable energy sector.
Information on the Target
Alizé is a French renewable energy company specializing in wind and solar power. Recently, Green Giraffe advised Vol-V, a developer in the renewable sector, on the successful sale of a 71 MW onshore wind portfolio. This portfolio comprises five operational projects located in the Somme and Eure & Loire districts of France. The sale process included comprehensive services such as valuation, financial modeling, transaction structuring, and facilitation of the selection process.
The transaction was finalized on December 22, 2017, with CGNEE, a subsidiary of the China General Nuclear Power Group (CGN), which focuses on renewable energy development and investment throughout Europe, acquiring the projects.
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Industry Overview in France
The French renewable energy market is witnessing robust growth, particularly in the wind and solar sectors. Supported by increasing governmental commitment to reducing emissions and transitioning to clean e
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