Banque des Territoires and Groupama agreed to acquire Predica Energies Durables, wind and solar projects from Crédit Agricole Assurances, the insurer. Banque des Territoires and Groupama will acquire 22% and 18% of PED respectively. Financial terms were not disclosed. “The development of renewable energies is in line with the 2°C roadmap. As a responsible investor, we want to contribute, through our investments, towards achieving this goal. Our partnership with Engie represents a major operation for this strategy. To enable it to deploy its full potential, we are delighted to welcome on board Groupama and Banque des Territoires, two long-term investors who share our commitments,” Jean-Jacques Duchamp, Crédit Agricole Assurances Deputy CEO.