Green Giraffe advised Fred. Olsen Renewables and Global Wind Power Europe on the sale of 100% of the French onshore wind developer Global Wind Power France to Total-Quadran
Green Giraffe was mandated in July 2019 to support Fred. Olsen Renewables and Global Wind Power Europe on the sale of their stakes, respectively 51% and 49%, in the French onshore wind developer Global Wind Power France.
We advised on the sale process including support in preparing the information package and the financial model, and support in negotiations with investors up until signing of the SPA.
The development platform of approximately 15 employees and the asset development portfolio composed of ca. 400 MW of late-stage and ca. 1,200 MW of early-stage projects were sold to Total-Quadran, 100%-owned subsidiary of the Total group.
The transaction was signed and closed simultaneously on 12 March 2020.
Alongside Green Giraffe, LPA-CGR (legal) and PWC (tax) advised on the seller’s side.