Linklaters has advised PGGM, a major Dutch pension fund investor, on its strategic investment in Elyse Energy, an independent French SME pioneering in low-carbon molecule production.
This investment is part of a funding round of nearly EUR 120 million, which also saw the participation of significant investors such as Hy24, Bpifrance, and Mirova. This strategic funding will enable Elyse Energy to accelerate the development of its e-methanol and sustainable aviation fuel production projects in France and Spain, thereby addressing the growing decarbonization needs in the aviation, maritime transport, and chemical sectors.
Through this transaction, PGGM, acting under its “Climate and Energy Transition Solutions” mandate provided by its client Pensioenfonds Zorg en Welzijn (PFZW), occupies a key position in supporting the energy transition.
The Paris-based Linklaters team involved in this transaction included Samuel Bordeleau, partner in Energy & Infrastructure and Mehdi Boumedine, partner in Corporate/M&A. Alistair Fraser, partner in Corporate/M&A, supported the transaction from the London office.
