EILAÑ launches to fund renewable energy projects in Brittany
SEMAEB, CDC, Safidi (subsidiary of EDF), Crédit Mutuel Arkéa and Crédit Coopératif have teamed up to form EILAÑ, a company dedicated to investment projects in Brittany, France, with a focus on projects of renewable energy equipment manufacturing or infrastucture production, particularly wind and biomass.
EILAÑ focuses on technically matured middle-sized projects that require investments ranging between EUR3m and EUR10m.
With an initial capital of EUR3m, EILAÑ will use EUR4.7m in the next three years and intends to progressively increase its capital in order to support a dozen projects by 2016. The financial leveraging will lead to investments amounting to EUR100m over this first period.
Kalliopé’s team, Tanguy d’Everlange (corporate) and Jocelyn Duval (public law), partners assisted by Emilie Guirimand,associate, advised EILAÑ and its founding partners (SEMAEB, CDC, Safidi, Crédit Mutuel Arkéa and Crédit Coopératif) on drafting the documents for the formation of EILAÑ and the organisation of shareholders’ relationships.
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