Clifford Chance advised Omnes, Bpifrance and Société Générale Capital Partenaires on the divestment to Ardian (Clean Energy Evergreen Fund (ACEEF)), of their stake in UNITe, the French independent multi-technology renewable energy producer and developer with more than 1.5 GW of projects under development.
Omnes, Bpifrance (Fonds Impact Environment team) which invested in 2018, and Société Générale Capital Partenaires, which invested in 2010, agreed to sell their stake in UNITe to Ardian after successfully completing the objective they set themselves, in which UNITe has consolidated its position as an independent power producer and developer.
UNITe is recognised as the leading independent player in small hydro in France, with 36 power plants, and one of the most promising photovoltaic developers. Today, UNITe is one of the leading independent producers of low-carbon, local, sustainable and competitive electricity in France.
The transaction is subject to the usual regulatory approvals.
Clifford Chance advised the sellers (Omnes, Bpifrance and Société Générale Capital Partenaires) with a team led by Marianne Pezant, partner, and Raphaël Durand, counsel.
