Global law firm Norton Rose Fulbright has advised Colam Invest, the long term investments branch of Colam Entreprendre, on its acquisition of a 30% interest in the capital of Akuo Energy SAS. Akuo Energy SAS is the leading French independent renewable energy power producer in developing, financing, building and operating renewable energy power plants all over the world. The transaction was completed on 15 November 2017.
Colam Entreprendre is a private family-owned company and the founding shareholder of Sonepar, the world’s number one B2B distributor of electrical products, solutions and related services. Their investment will allow Akuo Energy to increase its capital and invest in new electric production facilities.
Anne Lapierre, head of energy in Paris, commented:
“We are proud to have advised Colam on their investment into one of the world’s main actors in renewable energies. We strongly believe that this partnership will create great synergies and foster the development of new renewable energy plants in France and abroad.”
The Norton Rose Fulbright team was led by Anne Lapierre with support from associate Aude d’Argentré. The team was further assisted by of counsel Tim Baines, who advised on the project and corporate aspects of on the acquisition. Partner Antoine Colonna and associates Chloë Mockel and Mathieu Jung advised on the tax aspects. Of counsel, Véronique Bruel advised on the financing package for Akuo Energy. Partner Laure Joncour and associates Elodie Grangier and François Guillon advised on employment law aspects.
For further information please contact:
Carole Guettier, Senior business development manager, Norton Rose Fulbright LLP
Tél: + 33 (0)1 56 59 52 75
Charles Billiard, Communication Executive, Norton Rose Fulbright LLP
Tél: + 33 (0)1 56 59 52 96
Notes for editors:
Norton Rose Fulbright
Norton Rose Fulbright is a global law firm providing the world’s preeminent corporations and financial institutions with a full business law service. The firm has more than 4,000 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia.
Recognized for its industry focus, Norton Rose Fulbright is strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through its global risk advisory group, the firm leverages its industry experience with its knowledge of legal, regulatory, compliance and governance issues to provide clients with practical solutions to the legal and regulatory risks facing their businesses.
Norton Rose Fulbright operates in accordance with its global business principles of quality, unity and integrity, aiming to provide the highest possible standard of legal service in each of its offices and to maintain that level of quality at every point of contact.
Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg.
For more information about Norton Rose Fulbright, see www.nortonrosefulbright.com/legal-notices