Publications

Transactions - JULY 31, 2020

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Octopus Renewables Infrastructure Trust snaps up 119.5 MW solar portfolio in France

by Kali Persall

Octopus Renewables Infrastructure Trust has agreed to pay €58.9 million ($69 million) for an 119.5-megawatt portfolio of solar plants in France, according to several news reports.

The portfolio consists of 14 fully operational solar photovoltaic assets ranging in size from 4.6 megawatts to 12 megawatts. All of the assets benefit from a feed-in tariff under the French 2011 renewables tender.

The sellers of the assets are a minority investor and a renewable fund backed by Samsung Securities.

Octopus Renewables Infrastructure Trust is a closed-end investment company focused on building and operating a diversified portfolio of renewable energy assets in Europe and Australia.

In November 2019, the company raised £350 million ($455 million) in an initial public offering listed on the London stock exchange. In late March, Octopus Renewables Infrastructure Trust a

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.