Founded in Paris in 1920, Gide is a leading international law firm with 12 offices spread throughout the world.
Gide is physically present in six regions of the world, with 11 offices, enabling it to act on cases globally.
12 June 2017
Deals | France | M&A | Energy
Gide has advised a consortium of investors including Ardian Infrastructure, Debiopharm Investment and Aloem on the sale of Aloe Energy to Sonnedix.
Aloe Energy is a successful solar developer and operator with 67MW under operation as well as a pipeline of projects under development and construction in France.
Sonnedix Power Holdings Limited (together with its subsidiaries, “Sonnedix”) is an independent solar power producer that develops, builds, owns and operates solar power plants globally. The transaction brings Sonnedix’s solar capacity in construction and operation above 600MW, with an overall portfolio over 1.2GW globally. Sonnedix ranks as France’s fourth largest solar player, controlling 155MW of operating PV plants across France. Sonnedix is majority owned by institutional investors advised by J.P. Morgan Asset Management.
Gide has a team dedicated to renewable energy transactions, made up of lawyers specialising in various areas such as Mergers & Acquisitions, Projects (Finance & Infrastructure), Public Law & Environment and Real Estate.
The Gide team advising on this operation comprised Alexis Pailleret (Counsel) and Juliette de Waele on M&A aspects, Bertrand Jouanneau (Partner) and Alexandre Bochu on French tax law aspects, Eric Cartier-Millon (Partner) on finance aspects, Foulques de Rostolan (Partner) and Maxime Houles on employment law aspects, Véronique Fröding on regulatory aspects and Vanessa Tollis (Partner) and Zach Pouga on US tax law aspects.
Piotraut Giné Avocats and Arsene Taxand also advised Aloem on certain legal and tax aspects.
Linklaters & E&Y advised Sonnedix on legal and tax aspects.
