Linklaters advises Sonnedix on its acquisition of Aloe Energy
Sonnedix Power Holdings Limited (together with its subsidiaries, “Sonnedix”), an independent solar energy producer that develops, builds, owns and operates photovoltaic power plants around the world, has announced the acquisition of Aloe Energy, a solar energy producer with an installed capacity of more than 67 MWp In France, from a consortium led by Ardian Infrastructure and Debiopharm Investment. Sonnedix is majority owned by institutional investors advised by J.P. Morgan Asset Management.
This operation allows Sonnedix to increase the size of its French portfolio, making it the 4th largest producer of solar energy in France with an installed capacity of 155 MWp (out of a total of 600 MWp worldwide).
The Linklaters team that accompanied Sonnedix in this acquisition was led by François April, a partner in the Projects department, with the assistance of Samuel Bordeleau, Managing Associate (Projects) and Mehdi Boumedine, Associate (Corporate). Paul Lignières, partner, and Clémence Graffan, associate, acted on Public Law, Lionel Vuidard, partner, assisted by Damien Baud and Abdel Abdellah, associates, on Labour Law, while Françoise Maigrot, partner, and Sarah Khalfoune and Saadoun Alioua, associates, acted on the real estate aspects of the transaction. Finally, Edouard Chapellier, partner, and Jonathan Abensour, Managing Associate, advised on tax matters.
Gide advised the sellers on this transaction.