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Transactions - OCTOBER 23, 2020

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Envision Energy sells 43MW French wind project to TRIG

by Kali Persall

Envision Energy has sold the 43-megawatt Vannier-Amance wind project in France to The Renewables Infrastructure Group (TRIG), following a call for tenders launched by Envinergy, a consultancy firm specializing in the intermediation of renewable energy projects. Financial terms were not disclosed.

This marks Envision's second transaction with TRIG.

“Vannier-Amance will be TRIG's 14th wind farm investment in France, strengthening the group's presence in the country,” said Richard Crawford, director of infrastructure at InfraRed Capital Partners, the investment manager to TRIG. “We are pleased to have built on our partnership with the Envision Group in France, which we consider a key market for TRIG.”

Developed and built by Velocita Energies, the French subsidiary of Envision Group, the Vannier-Amance wind farm will be located in Haute-Marne, France, and supply 52,000 people with renewable energy. The project was financed by both French and European banks.

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