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New Deal


Announced

Completed

Bpifrance and Crédit Agricole completed a €200m investment in Technique Solaire.

Financials

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Transaction Value£174m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

France

Renewable Energy Equipment

Minority

renewable energy

solar roofing

Domestic

Acquisition

Private

Completed

Friendly

Synopsis

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Bpifrance, an investment bank, and Crédit Agricole, a banking corporation, completed a €200m investment in Technique Solaire, an independent French producer of renewable energy and solar roofing. "This new round of financing is a major milestone in the entrepreneurial adventure we have been building for nearly 15 years. Faced with the growing need for renewable energies, we are putting our expertise and our spirit of partnership to work in the service of the energy and agricultural transitions. We share the same vision of sustainable growth with our long-standing partners, whom we thank for their continued confidence. Together, supported by the commitment of our employees, we are going to accelerate our efforts in France and abroad to decarbonise the economy and contribute to regional development," Julien Fleury, Lionel Themine, Thomas de Moussac, Technique Solaire Co-Founders.

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