We are active across the globe in the Renewable Energy sector
Our global track record:
Over 20 mandates over the past 5 years
700+ MW of pv projects financed
Active in the most dynamic marketS IN EUROPE, LATIN AMERICA, AND BIG RENEWABLE MARKETS SUCH AS INDIA, JAPAN OR SOUTH AFRICA.
Astris Finance has developed an unparalleled track record in the renewable space worldwide, with a particular focus on financing of utility scale solar parks.
Since 2009, we have served as Financial Advisor on more than twenty transactions in the renewable space across project financing, equity and mezzanine debt raising, and mergers & acquisitions. In many cases, our involvement has begun in the project development stage, continued through financing, and culminated in the sell-down by the original developer after the start of commercial operations.
A strategic sector for our team in PariS
In Europe, the Astris Finance team has been active in the solar sector starting with the first rooftop PV project completed in France (Casino project) and on Les Mées Project (2009 – 2010). In total, we have been involved in the financing of approximately USD 1bn of solar projects in the past 5 years with 12 transactions closed in France. Our team has also served as Financial Advisor on projects in Italy and Portugal with roles ranging from sell side mergers & acquisitions to project financing. We are currently working on the refinancing of several renewables portfolios in Europe in both wind and solar.
In Latin America, we have led project financings for several “first of its kind” transactions in the region which have set the standard for utility scale project financing
- In Chile, we advised on the first large scale PV project in Chile, with a PPA with the Collahuasi mining operation, the financing for which closed in 2013, representing the first solar financing for each of the Inter-American Development Bank and Proparco in Latin America. We have an additional 120 MW+ in the pipeline.
- We advised on the first two large-scale solar projects in Peru, with a total of three solar developers, whose financings closed in 2011/2012 with the Overseas Private Investment Corporation, Assured Guaranty and FMO. One of these projects -- the Majes & Repartición Solar Power plants – in 2011 won the Latin American Renewable Deal of the year awarded by Project Finance. In total, we have financed five projects through three separate financings as well as concluding two equity sell-down transactions.
Beyond Europe and Latin America, Astris Finance has been active in regions where its preferred clients have pursued opportunities. We served as bid-stage advisor in the third round of renewables auctions in South Africa. In 2013, we financed a joint venture solar development in India. We are currently closing the financing for a solar project in Japan.