De Gaulle Fleurance advises arrangers in the financing of a portfolio of photovoltaic assets developed by Urbasolar

De Gaulle Fleurance advised Bpifrance, Caisse Régionale de Crédit Agricole Mutuel du Languedoc and Crédit Agricole Transitions & Énergies in the financing of this transaction.

Urbasolar, France’s leading solar power producer and a subsidiary of Swiss supplier Axpo, has finalized the financing of a portfolio of photovoltaic assets for a total of 96 million euros. This ambitious project includes 25 photovoltaic power plants throughout France. The portfolio, with a total capacity of 86 MWp, consists of ground-mounted, rooftop and greenhouse photovoltaic power plants, most of which were winners of the 4th and 5th sessions of the PPE 2 “Ground-mounted power plants” call for tenders issued by the French Energy Regulatory Commission.

“We are proud to have once again supported Urbasolar’s lenders in financing this project, which bears witness to Urbasolar’s strong commitment and strategic positioning in favor of the energy transition,”

says Jonathan Souffir, partner at De Gaulle Fleurance.

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