Paris—Dentons Paris advised the KlimaVest ELTIF fund on the acquisition from Mirova Eurofideme III of its 49% stake in Valeco REN.

KlimaVest ELTIF was launched in 2020 by Commerzreal. It is the first impact fund for private investors whose goal is to invest in and contribute to climate protection.

Active since 2014, the Mirova Eurofideme III fund, is dedicated to renewable energy infrastructure projects in Europe.

Valeco REN is a company with 11 wind farms and solar power plants. It is a division of Valeco specialising in the development, financing, operation and maintenance of renewable energy production plants in France and Canada. 

Our Paris and Berlin team consisted of:

• M&A: Olivier Genevois (partner), Clémence Breuil(associate)
• Public Law: Marc Fornacciari (partner) et Prisca Betesta (associate)
• Competition: Paris office: Emmanuelle van den Broucke (partner) and Berlin office: Joseph Hainz (partner) et Moritz Hellman (associate)

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