Ashurst advised Octopus Energy Generation on the acquisition of a 49.9% stake in a 107 MW onshore wind farm portfolio in France

Global law firm Ashurst has advised Octopus Energy Generation, acting on behalf of the Sky fund, on the acquisition of a 49.9% stake in a portfolio of onshore wind farms located in France from Banque des Territoires, the investment arm of Caisse des Dépôts.

The transaction involved the acquisition of TramuntanaCo, a holding company through which Banque des Territoires held its 49.9% interest in the portfolio, which includes four projects with a combined installed capacity of 107.1MW.

The Ashurst team was led by corporate partner Charles-Douglas Fuz, with support from counsel Gaspard Bastien-Thiry and associates Sarah Chemouny and Paloma Cardon-Torres. Partner Christophe Lemaire and associate Morgane Gloaguen assisted on antitrust matters, whilst senior associate Anthony Gray and associate Orphée Janaud supported from the projects team. Partner Philippe None and associate Karen Chermat led on real estate aspects.