Gide has advised Mirova on its EUR 18 million investment within the share capital of Corsaire, a subsidiary of Corfu Solaire, itself part of group Terre et Lac that is dedicated to the development, construction, and operation of land-based solar power infrastructure.
This first funding round will help Corfu Solaire finance the completion of 12 solar power projects for a total equivalent installed power of 129 MWc.
Mirova is a management company dedicated to sustainable investment and an affiliate of Natixis Investment Managers. Mirova has been actively investing in renewable energy infrastructure for 17 years, with over 2 GW of installed capacity in over 180 wind, solar, water and biomass projects in Europe.
The Mirova team comprised Anne-Laure Messier-Marguier, Vincent Taouss, Francesca Tancredi and Marie-Lou Heritier.
The Gide team advising Mirova was headed by partner Alexis Pailleret, working with associate Sophie Gilbert on corporate/M&A aspects, partner Marie Bouvet-Guiramand and associate Célia Alao on project aspects, associate Emma George on energy law aspects, counsel Lucie Pernet on city planning law, associate Chloé Charrier on real estate aspects, and associate Laure Dufour on environment law aspects.
Meridian Avocats advised Corfu Solaire. Finergreen acted as financial adviser to Corfu Solaire.