De Pardieu Brocas Maffei has advised Demeter Investment Managers, a pioneer and leader in unlisted investment for the energy and ecological transition, on the sale of three portfolios of operating assets to GreenYellow.
The assets acquired include Eifficentre, a portfolio of energy efficiency projects in partnership with Eiffage, as well as the solar power plants of Vanilla Solar and Lavanda Solar. These three assets were 100% owned by Demeter 4 INFRA (except for Eifficentre at 81%), the first infrastructure fund launched by Demeter in 2015.
- Eifficentre – Public Private Partnership (PPP): Eifficentre aims to improve the energy efficiency of 18 high schools in the Centre-Val de Loire region through an Energy Performance Contract. Launched in 2010, and in operation since 2012, this 15-year contract with the Centre region covers the design, financing, construction and operation of 18 high schools and administrative buildings in the region. GreenYellow acquires Demeter’s majority stake in the company, while Eiffage retains its minority stake and operational involvement in the project.
- Vanilla Solar – Expansion in Overseas Renewable Energies: GreenYellow strengthens its portfolio with the acquisition of Vanilla Solar, comprising 6 rooftop photovoltaic plants with a total capacity of 13 MW and an annual production of 16.4GWh.
- Lavanda Solar – Strategic return to the market: The acquisition of Lavanda Solar includes 11 rooftop photovoltaic power plants in France, with a total capacity of 7 MW and annual production of 7.7GWh, developed by other market players and commissioned between 2010 and 2011.