Gide has advised Qair, a fast growing French Independent Power Producer (IPP) operating 1 GW of renewable energy assets worldwide and refocusing on its European, Brazilian, and African geographies, on the sale of its Vietnamese subsidiary and a 70% stake in the 49.5 MW Binh Dinh solar photovoltaic power plant operating in Binh Dinh province. The buyer is a subsidiary of Green Yellow, a French electricity supplier.
This transaction was signed in August 2022 and successfully closed on November 22.
Qair team includes Stéphane Dussillol, Sarah Rodriguez-Lemercier (Qair's General Counsel) and Sylvia Raussin. Gide team was led by partner Alexis Pailleret, working with associates Chloé Bouhours and Axel Azoulay.
Qair was also advised by Indochina Legal on Vietnamese laws aspects.