EDF Group related stories
All articles and analysis
ADIA, APG, Microsoft back EIP's new European VC fund to fight climate changeEnergy Impact Partners – the world’s 13th biggest impact fund manager – has closed a European fund on €390m with commitments from APG, the Abu Dhabi Investment Authority and Microsoft.
EIP racks up over $1bn for new fundEnergy Impact Partners has closed its latest flagship fund at over $1 billion.
Ardian and EDF Invest's TSH expands stake in French oil storage company GeoselTransport Stockage Hydrocarbures, a joint subsidiary of Ardian and EDF Invest, has acquired a 26.7 percent stake in French oil storage company Géosel. The seller was Basell Polyolefines. No financial terms were disclosed. As a result of this transaction, TSH now owns a 76.7 percent stake in Géosel.
Axium-led group to acquire stake in Slate Creek Wind ProjectA consortium led by Canadian infrastructure investment firm Axium Infrastructure has agreed to acquire a 50 percent ownership interest in the Slate Creek Wind Project. No financial terms were released. The 150 megawatt Slate Creek Wind Project, located in Sumner County, Kansas, began operation in December. With the deal's close, the Axium-led group will co-own the asset with its developer and operator, EDF Renewable Energy. Axium manages dedicated infrastructure funds with $1.5 billion in assets, as well as over $900 million in co-investments.
- DIF and EDF to buy German gas grid Thyssengas, say sources: Reuters
Dutch infrastructure fund DIF and French utility EDF have agreed to buy German gas grid Thyssengas from Macquarie for some 700 million euros ($730 million), sources told Reuters.
France's Nice and Lyon airports attract at least 16 bidders: ReutersThe French airports of Nice and Lyon have attracted at least 16 bidders ahead of a July 4 deadline for firm offers, sources told Reuters. Bidders for Nice airport are said to include Canada Pension Plan Investment Board, the sources said. The privatization of France's two biggest regional airports is expected to yield up to 1.5 billion euros (US$1.69 billion) for the government.
- France's Nice and Lyon airports attract at least 16 bidders, say sources: Reuters
The French airports of Nice and Lyon have attracted at least 16 bidders ahead of a July 4 deadline for firm offers, sources told Reuters.
CPPIB, OTPP expected to bid for stakes in French airports: ReutersAt least six offers have been submitted for France's 60 percent stake in Lyon-Saint Exupéry Airport along with three bids for a similar stake in Nice Côte D'Azur Airport, sources told Reuters. France kicked off the privatization of both airports in March as part of plans to raise cash to help meet budget deficit targets. Canadian pension funds Canada Pension Plan Investment Board and Ontario Teachers' Pension Plan are among the many investors expected to submit bids for stakes in one or both of the airports.
- Inven Capital backs Sunfire
Sunfire GmbH, a developer of reversible high-temperature electrolysers and high-temperature fuel cells, has secured an undisclosed amount of funding. The investors included Inven Capital, Total Energy Ventures and Electranova Capital, managed by Idinvest Partners.
- EDF Invest, Ardian to buy Géosel Manosque for $296.4 mln
Total said Thursday it has agreed to sell a 50 percent stake, plus one share, in Géosel Manosque to EDF Invest and Ardian. The deal was valued at 265 million Euros (US$296.4 million). Total will retain a 3.4 percent stake in Géosel, which owns the Manosque underground storage facility in southeastern France and pipelines linking the facility to the oil terminals at Fos and Lavéra.