De Pardieu advises Elements on the financing of six photovaltaïc projects

De Pardieu has advised Elements – a Montpellier-based group that produces and supplies green electricity – on the structuring of the financing and on the drafting and negotiation of the financing documentation for an initial set of 6 photovoltaic projects in Occitanie and Gironde.

Elements has raised 24 million euros in projects finance from Crédit Agricole group, one of its historical partners.

The transaction concerns a set of 6 ground-mounted and shaded photovoltaic power plants with a total capacity of 22MWp. These greenfield parks will generate 30GWh per year. Commissioning is scheduled between July 2024 and January 2025.