Ze Energy Charges Forward with European Expansion in Energy Storage
Deal News | Nov 15, 2024 | Orrick
Ze Energy, a company focused on the hybridization of solar energy production and energy storage, has raised funds to fuel its growth over the next two years. The fundraising aims to support its ambitious expansion plans across Europe, aspiring for over 900 MW of photovoltaic projects and 600 MWh of storage by the end of 2026. Amundi Transition Energétique and Demeter have contributed to the fundraising, with Orrick providing legal advisory. Orrick's team is led by partners specializing in corporate, public law, energy projects, competition law, and social law, ensuring comprehensive legal support for the investors. This strategic investment is set to enhance Ze Energy's capabilities in effectively contributing to controlled energy transitions across the region.
Sectors
- Renewable Energy
- Private Equity
- Legal Services
Geography
- Europe – Ze Energy plans to use the funds raised to support its growth and expansion in the European market.
- France – The legal advisors, Orrick, and investors, such as Amundi Transition Energétique, have a significant presence in France.
Industry
- Renewable Energy – The article focuses on Ze Energy, a company involved in solar energy production and storage solutions, which are key components of the renewable energy sector.
- Private Equity – Amundi Transition Energétique and Demeter are private equity investors participating in Ze Energy's fundraising round.
- Legal Services – Orrick, a law firm, is providing legal advisory services for the investment in Ze Energy, covering various aspects such as corporate, public law, energy law, competition law, and social law.
Financials
- Not Disclosed – The article does not specify the amount raised in Ze Energy's fundraising round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ze Energy | Target Company | Company | An energy company focused on combining solar production with energy storage solutions. |
| Amundi Transition Energétique | Investor | Company | A private equity firm specializing in investments in the energy sector. |
| Demeter | Investor | Company | A private equity firm investing in ecological transition, particularly in energy. |
| Orrick | Legal Advisor | Company | A law firm advising on various legal aspects of the fundraising for Ze Energy. |
| Patrick Tardivy | Partner at Orrick | Person | Advising on corporate aspects of the investment. |
| Olivier Jouffroy | Partner at Orrick | Person | Advising on corporate aspects of the investment. |
| Sarah Rachedi | Associate at Orrick | Person | Advising on corporate aspects of the investment. |
| Geoffroy Berthon | Partner at Orrick | Person | Advising on public law, energy law and projects. |
| Adil Kourtih | Middle Associate at Orrick | Person | Advising on public law, energy law and projects. |
| Patrick Hubert | Partner at Orrick | Person | Advising on competition law aspects. |
| Quitterie De La Poype | Associate at Orrick | Person | Advising on competition law aspects. |
| Nadège Owen | Partner at Orrick | Person | Advising on social law aspects. |
| Alexandra Pawlowski | Associate at Orrick | Person | Advising on social law aspects. |