Investment Summary

True Green Capital Management Invests In Faradae

On April 25, 2023, infrastructure investor True Green Capital Management invested in renewable energy company Faradae

Investment Highlights
  • This is True Green Capital Management’s 1st transaction in the Renewable Energy sector.
  • This is True Green Capital Management’s 1st transaction in France.

Investment Summary

Date 2023-04-25
Target Faradae
Sector Renewable Energy
Investor(s) True Green Capital Management
Deal Type Growth Capital

Target

Faradae

Lyon, France
Faradae develops, finances and operates self-consumption photovoltaic installations on behalf of building owners/users. Faradae finances photovoltaic installations combining a self-consumption component and a component for sale on the network of the electricity produced. Faradae also provides a legal framework for the client in order to resolve complex situations. Faradae was founded in 2019 and is based in Lyon, France.

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Investor(S) 1

DESCRIPTION

True Green Capital Management is a specialist investment group focused on renewable energy infrastructure opportunities across North America and Europe. True Green Capital Management was founded in 2011 and is based in Westport, Connecticut.


DEAL STATS #
Overall 1 of 2
Sector: Renewable Energy M&A 1 of 2
Type: Growth Capital M&A Deals 1 of 1
Country: France M&A 1 of 1
Year: 2023 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-27 Construction Solar Assets - 220 Megawatts

Westport, Connecticut, United States

Construction Solar Assets - 220 Megawatts add approximately 207 MW of commercial-scale solar assets to Altus Power’s operations, with the remaining 13 MW in the final stages of construction and expected to be completed in the coming months. This portfolio offers additional scale in Altus Power’s existing markets including California, Colorado, Illinois, Massachusetts, New Jersey, and New York and provides entry into two new markets of Delaware and South Carolina. 220 Megawatts - Construction Solar Assets.

Sell $293M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-28 CleanChoice

Washington, District of Columbia, United States

CleanChoice is a direct-to-consumer clean energy provider, that makes it easy for consumers and businesses to purchase clean energy from renewable sources. Available nationwide, the company helps Americans support renewable energy, reduce pollution and live cleaner and healthier lives. CleanChoice was formed in 2012 and is based in Washington, District of Columbia.

Buy -