French renewable energy company Tenergie, through its JV, Terres d’Energie, has signed off on a deal to acquire 29 operating PV projects, representing a combined generation capacity of 108MW, from the DIF Infrastructure III and IV Funds.
These 29 PV assets range from ground-mounted power stations to rooftop solar installations and are located in French regions of Nouvelle-Aquitaine, Occitania and other southern areas of the country. Combined, these solar assets produce the electricity consumption of 27,000 households.
Pascal Pénicaud, CEO of Tenergie, said: “We are very proud of the trust DIF has placed in this operation with them. It is the recognition of the ability of our teams to carry out large-scale transactions in a very short time. We reaffirm our confidence in the ability of Tenergie to reach its target of 600MW in operation by the end of 2019.”