Augusta advises on 300MW of French solar deals

Augusta & Co. (Augusta), a specialist financial adviser to the renewable energy industry, has overseen the sale of a 51.7MW solar portfolio to Tenergie, marking the company’s third solar-based deal in France since December 2018. This brings the total since December to almost 300MW of solar capacity in operation or under development. Significantly, the deals involve 264MW of ground-mount solar projects, demonstrating continued interest in utility-scale French solar projects. It follows in the wake of a mixed-project auction which awarded all 200MW to large-scale PV projects in November, and a major solar auction which awarded 855MW of capacity this February. The deals included: Sale by FPCI SOLARCAP of a 51.7MW solar portfolio to Tenergie. Augusta acted as exclusive financial advisor to the fund manager, 123 Investment Managers.