Albioma, specializing in renewable energy production, acquired Ferme Solaire de Corossony, which operates a solar power plant in French Guiana.
ADVANT Altana once again advised Albioma, a renewable energy producer controlled by US investment fund KKR, on the acquisition of Ferme Solaire de Corossony, an operator of a solar power plant in French Guiana.
This transaction is part of a broader project to repower the plant, with the aim of increasing its electricity production capacity and meeting the territory's electricity needs.
Through this acquisition, Albioma is pursuing its strategy to strengthen its presence in overseas territories.
ADVANT Altana advised Albioma with a team led by partner Jean-Nicolas Soret, Eléonore Vucher-Bondet and Théodore Sabot on corporate matters, Louis des Cars, and Clément Balzamo on issues relating to urban planning and public law, Phillipe de Saint Bauzel and Alexandre Thuau-Renaudet on tax law.
This transaction demonstrates ADVANT Altana's know-how in the renewable energy sector.