Opale Energies Engages Secures Investment for Green Energy Expansion
Deal News | Dec 19, 2024 | Watson Farley & Williams
Watson Farley & Williams (WFW) has successfully advised a consortium of minority investors including Bpifrance Investissement, OCCTE, and Enerfip in their recent capital investment in Opale Energies Engages, a prominent French developer of renewable energy projects. This strategic investment will bolster Opale's capacity to develop and implement innovative green energy solutions, strongly supporting France’s national energy transition aims. Each participating investor aligns with France's environmental and energy goals, with Bpifrance leveraging its Environmental Impact Fund, OCCTE being an institutional energy transition player, and Enerfip focusing on renewable project crowdfunding. Founded in 2008, Opale continues to lead with innovative energy solutions supported by a qualified team of 60 individuals. WFW Paris facilitated the complex transaction with a multidisciplinary team covering various legal domains including corporate, regulatory, real estate, financing, tax, and employment law.
Sectors
- Renewable Energy
- Legal Advisory
- Investment and Finance
Geography
- France – The geographical focus is on France, where Opale Energies Engages operates and the investment is directed. Additionally, all participating entities are either based in or have significant operations in France.
- Europe – Enerfip, a participant in the consortium, is recognized as a leader in European crowdfunding of renewable energy projects, indicating a broader European connection.
Industry
- Renewable Energy – This industry is relevant as the article focuses on an investment in Opale Energies Engages, which is a developer of renewable energy projects in France.
- Legal Advisory – The involvement of Watson Farley & Williams highlights the legal advisory industry, as they provided comprehensive legal support for the investment transaction.
- Investment and Finance – The article discusses a consortium of investors providing capital funding, which is central to the investment and finance industry.
Financials
- Undisclosed – The article does not disclose the specific amount of capital invested by the consortium into Opale Energies Engages.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Watson Farley & Williams | Legal Advisor | Company | A multidisciplinary legal firm advising a consortium of investors in the transaction. |
| Opale Energies Engages | Target Company | Company | A French developer of renewable energy projects. |
| Bpifrance Investissement | Investor | Company | A French public investment bank participating through its Environmental Impact Fund. |
| OCCTE | Investor | Company | An institutional energy player in France, committed to energy transition. |
| Enerfip | Investor | Company | A leader in the crowdfunding of renewable energy projects in Europe. |