Firm advises Gazprombank on acquisition
14 June 2012
Firm advises Gazprombank on the
acquisition of a holding in Energie du Porcien SAS
On 22 May 2012, a subsidiary of GPB (OJSC)
acquired a 21.74% interest in Energie du Porcien SAS along with
Akuo Energy SAS.
Energie du porcien owns and operates two wind
farms in France in the Ardennes and Champagne regions with a total
capacity of 39MW. Both farms were successfully put into service at
the end of 2011.
Akuo Energy SAS remains the majority
shareholder in Energie du porcien SAS.
GPB (OJSC) and Akuo Energy SAS have the
intention of creating a long-term partnership in the renewable
energy sector in Europe and Russia.
Wolfgang Skribot, Executive Director
responsible for the Direct Investments in Energy and Infrastructure
Department said, "The development of alternative energy and green
projects in Russia is a real opportunity for us. The acquisition of
a shareholding in Energie du Porcien is a first step for us in
developing a business project concerning renewable energy in
Europe, where the market has actively expanded in the last 20
years".
GPB (OJSC) is the third largest bank in
Russia. It invests in companies working in key sectors in Russia
and on a worldwide level. The acquisition of a stake in Energie du
Porcien SAS is GPB's first investment in the renewable energy
sector in Europe.
Akuo Energy SAS is an independent French group
currently developing, building and operating several power stations
running on renewable energy sources. Akuo Energy SAS has 33
operational projects for a total capacity of 435,2 MW and a hundred
development projects, representing a total power capacity of
2,879.5 MW.
Akuo Energy SAS has offices in France, Poland,
Turkey, Uruguay, Croatia, Montenegro, Indonesia and in the United
States and is currently developing further projects in these
countries.
Field Fisher Waterhouse Paris (Christopher Mesnooh and
Gaël Barbier) advised
the buyer, GPB (OJSC).
Vivien & Associés (Laëtitia Amzallag,
Louise Rials et Mona Ben Salem) advised the seller, Akuo Energy
SAS.
For further information, please
contact:
Elodie Courcoux-Valentin –
BD Manager for Paris
Field Fisher Waterhouse France LLP, 21
boulevard de la Madeleine – 75001 Paris
Tel.: +33 (0)1 70 37 81 22
Fax.: + 33 (0)1 42 96 07 98
Email: elodie.courcoux-valentin@ffw.com
London
Paula Nugent, PR Executive, Field
Fisher Waterhouse LLP on 020 7861 4526
Louise Eckersley, PR Manager,
Field Fisher Waterhouse LLP on 020 7861 4120