Linklaters has advised Galileo Green Energy, the pan-European renewable energy development and investment platform, on its acquisition of the large-scale renewable project’s development business of Quenea’ch, a French company.
The scope of the transaction first closing includes the development business, with a team of about thirty sector experts, and a portfolio of wind and photovoltaic projects under-development for a total capacity of about 140 MW. The size of the portfolio is set to increase following further closings in the coming months and new initiatives already organically originated by the team.
Founded in 1996, Quenea’ch specializes in the development of large-scale onshore wind and solar photovoltaic projects, primarily in north-western France, with around 300 MW developed to date.
Galileo Green Energy, already active on the energy transition front in several European countries, through the integration of Quenea’ch large-scale projects development activities will strengthen its presence in France relying on a competent, locally recognised operator with a strong territorial presence.
The multidisciplinary team at Linklaters was led by Nicolas Le Guillou, Corporate/M&A partner, with Chloë Pakiry and Victor Duterne, associates, and included Fanny Mahler, Samuel Bordeleau, partners, Gwendoline Vannarath and Baptiste Garde, associates, in Energy and Infrastructure matters, Géric Clomes, partner, Cécile Boulé, associate, in Employment Law, Cyril Boussion, partner in Tax Law, and Cyril Falhun, counsel, and Ariane Clément, associate, in Compliance matters.
