Linklaters advises Oscaro Power on its fund raising

Linklaters advised Oscaro Power and Pierre-Noël Luiggi, founder of the auto part website Oscaro.com (sold in 2018 to PHE), in the context of the first fund raising of Oscaro Power.

Oscaro Power offers individuals a wide range of solar panels and solar kits to be installed by customers, allowing them to manage their energy production. Oscaro Power aims at developing access to solar energy and supporting customers’ self-sustainability.

The funds raised will be used to develop production lines of electrical panels in Haute-Savoie (France), logistics deployment and recruitment (notably in the IA sector).

Oscaro Power aims at significantly increasing its turnover within the next ten years and developing in energy supply and renewable energy storage areas.

The Linklaters M&A team was led by Bruno Derieux, partner, with Nicolas Le Guillou, counsel, Jacques Mazé, associate and Martin Diwo.