French developer Valorem has refinanced 13 renewable energy projects in France totalling 165MW.
The facilities comprise 11 wind farms and two solar parks owned by Valorem through the Elcano holding company.
The €300m finance was provided by Societe Generale, Groupe Credit Agricole (including CACIB, Unifergie and Credit Agricole Aquitaine) and Bpifrance.
Law firm Watson Farley & Williams (WFW) advised the lenders.
The WFW Paris team that advised the lenders on the due diligence and the project aspects of the refinancing was led by regulatory partner Laurent Battoue, assisted by partner Thomas Rabain and associates Pierre Thevenin-Montefiore and Adrien Launay on the corporate aspects.
Assistance was also provided by senior associate Antoine Bois-Minot and associates Simon Dumontel, Michael Haddak as well as Anthony Pilon on the regulatory aspects.
The team also worked closely with associates Catherine Masquelet and Gautier Dupuy on real estate aspects and with associate Marine Yzquierdo on project contracts.