Watson Farley & Williams (“WFW”) advised Technique Solaire on its acquisition of Iberdrola Renouvelables France.
This French portfolio, acquired from Spain’s Iberdrola Group, comprises operational onshore wind projects with a total capacity of 118 MW and photovoltaic and onshore wind projects under development with a total capacity of 639 MW. The transaction also involves the transfer of 21 employees to Technique Solaire. This major strategic acquisition marks Technique Solaire’s first diversification into onshore wind power and reinforces its long-term growth model.
Founded in 2008, Technique Solaire is a renewable energy producer with a portfolio of solar photovoltaic, onshore wind and biogas projects in France and internationally. With a team of around 310 employees, it currently operates nearly 920 MW of solar and wind assets, as well as 4 biogas production units, in France, Spain, India and the Netherlands.
Iberdrola Group is a global energy leader with approximately 45,000 MW of installed renewable capacity worldwide and committed to clean energy and innovation.
The WFW Paris Energy team that advised Technique Solaire was led by Corporate and M&A Partner Thomas Rabain and by Regulatory, Public Law and Project Partner Laurent Battoue, assisted notably by Counsels Antoine Bois-Minot and Anne-Kelly d’Amécourt.
