Advising TotalEnergies on the sale to Asterion Industrial Partners of a 50% stake in Compagnie Electrique de Bretagne
De Pardieu Brocas Maffei advised TotalEnergies on the sale to Asterion Industrial Partners of a 50% stake in Compagnie Electrique de Bretagne, which owns a 446 megawatt gas-fired combined cycle power plant located in Landivisiau.
The Landivisiau CCGT, with a production capacity of 446 MW, was commissioned in early April 2022 and will provide electricity to nearly 400,000 homes in Brittany. The project is part of the Pacte Électrique Breton, which aims to secure Brittany’s electricity supply, underpinned by a long-term capacity contract. The power plant is a supplement to other forms of electricity production and supports the variability of renewables, being a crucial part of the overall energy transition.
It will be managed by Compagnie Electrique de Bretagne, in collaboration with the Siemens Energy team in charge of operations. The investment complements Asterion’s existing portfolio of European investments across the telecoms, energy, and utilities sectors.
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