PE Tech Report


Like this article?

Sign up to our free newsletter

Gide counsels Ardian Infrastructure, Debiopharm and Aloem on sale of Aloe Energy to Sonnedix

Gide has advised a consortium of investors including Ardian Infrastructure, Debiopharm Investment and Aloem on the sale of Aloe Energy to Sonnedix.

Aloe Energy is a successful solar developer and operator with 67MW under operation as well as a pipeline of projects under development and construction in France.
Sonnedix Power Holdings Limited (together with its subsidiaries, Sonnedix) is an independent solar power producer that develops, builds, owns and operates solar power plants globally. The transaction brings Sonnedix’s solar capacity in construction and operation above 600MW, with an overall portfolio over 1.2GW globally. Sonnedix ranks as France’s fourth largest solar player, controlling 155MW of operating PV plants across France. Sonnedix is majority owned by institutional investors advised by J.P. Morgan Asset Management.
Gide has a team dedicated to renewable energy transactions, made up of lawyers specialising in various areas such as Mergers & Acquisitions, Projects (Finance & Infrastructure), Public Law & Environment and Real Estate.
Legal and tax counsel to the Sellers:  Gide with Alexis Pailleret (Counsel) and Juliette de Waele on M&A aspects, Bertrand Jouanneau (Partner) and Alexandre Bochu on French tax law aspects, Eric Cartier-Millon (Partner) on finance aspects, Foulques de Rostolan (Partner) and Maxime Houles on employment law aspects, Véronique Fröding on regulatory aspects and Vanessa Tollis (Partner) and Zach Pouga on US tax law aspects.
Piotraut Giné Avocats and Arsene Taxand also advised Aloem on certain legal and tax aspects.
Legal and tax counsels to the Buyer: Linklaters with François April (Partner) on finance and M&A aspects, Mehdi Boumedine on M&A aspects, Samuel Bordeleau and Binta Barry on project aspects, Jonathan Abensour on tax aspects, Françoise Maigrot (Partner), Sarah Khalfoune and Saadoun Alioua on real estate aspects, Lionel Vuidard (Partner), Damien Baud and Abdel Abdellah on employment law aspects, Paul Lignières (Partner), Pierre Sikorav and Clémence Graffan on public law aspects.
E&Y advised on tax aspects.

Like this article? Sign up to our free newsletter