An investor consortium completed the acquisition of a 49% stake in the FLASH platform from Demeter.

Synopsis

An investor consortium, including Banque des Territoires, Crédit Agricole Transition Région, and Crédit Agricole Alpes-Provence, completed the acquisition of a 49% stake in the FLASH platform, an electric vehicle charging infrastructure investment structure, from Demeter, a venture capital firm. Financial terms were not disclosed.

Principals

target

Demeter (flash Platform)

bidder

Banque Des Territoires

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Market Context