Watson Farley & Williams (“WFW”) advised a consortium of minority investors comprising Bpifrance Investissement (through its France Investissement Energie Environnement 2 fund), OCCTE (through its OCCTE OCCIGEN FPCI fund) and Enerfip on their investment in Opale Energies Engagées, a French developer of renewable energy projects.
This significant fundraising allows Opale Energies Engagées to accelerate the development of its projects and innovative solutions for the production and consumption of green energy, strengthening its ability to support national energy transition targets.
Bpifrance finances companies at every stage of their development, with its Environmental Impact Fund supporting key players in France’s energy and environmental transition. Based in the southwestern Occitanie region, OCCTE is an institutional player in the energy also dedicated to promoting energy transition in France. Enerfip is a European leader in the crowdfunding of renewable energy projects.
Founded in 2008, Opale Energies Engagées has 60 employees and is one of the pioneers in the development of innovative green energy projects in France.
The multidisciplinary WFW Paris team that advised the consortium was led by Corporate Partner Thomas Rabain, assisted by Associates Lucile Mazoué and Chloé Léonard on the corporate aspects of the transaction. Partner Laurent Battoue, assisted by Counsel Antoine Bois-Minot, and Associates Amandine Collard, Juliana Brandao-Marques and Léo Van Den Bussche, advised on regulatory, public law and project contract matters. Partner Cyrille Gogny-Goubert, and Associates Catherine Masquelet and Kodou Diouf advised on real estate law. Partner Laurence Martinez-Bellet, and Associates Julie Michelangeli, Chloé Moriceau and Simon Allain, provided financing expertise, with Partner Romain Girtanner, supported by Senior Associate Rym Bouaziz and Associate Maximilian Cristescu, leading on tax law. Partner Karine Audouze and Senior Associate Amandine Racé advised on employment law matters.
