September 25 (Solar) – Conquest Asset Management announced on Monday it has finalised the financing of its solar photovoltaic (PV) assets portfolio in France on behalf of the Sustainable Infrastructure fund it manages.
The firm, part of investment manager Conquest Group, had expanded the size of its assets under management to around 70 MW before completing this latest move. The plants within the portfolio are located in the southern part of France and have up to 20-year secured and inflation linked power purchase agreements (PPAs) with local utility EDF SA (EPA:EDF).
The transaction was implemented with a major financial institution following a competitive selection process. “We eventually selected La Banque Postale and are looking forward to working with them and to building our relationship further,” said Emma Barnes, a director at Conquest Group.