(AOF) – Vinci announces the finalization of an investment of around fifty million euros in NatPower SA (renewable energy development platform created in 2019, active mainly in Italy, Great Britain and the United States) . The investment includes the acquisition of 10% of the capital of this company from its founder Fabrizio Zago and the Tyrus Capital fund, as well as the subscription of convertible bonds allowing the group to ultimately increase its participation, then to exercise possibly an option allowing the takeover of NatPower SA.
Under the terms of the agreement, Vinci will benefit from a priority right to acquire, if it so wishes, projects in the “ready to build” phase initiated by NatPower SA.
Furthermore, this equity investment is accompanied by an agreement for the joint development of renewable energy projects (mainly solar and onshore wind) in the United States, drawing in particular on the existing portfolio of NatPower SA in this area. of approximately 1.2 GW to which are added approximately 2 GWs at the preliminary stage.
In this context, a joint company, controlled by Vinci through its subsidiary Cobra IS, will be created in the United States.
Finally, with the expertise of NatPower SA, Vinci will be in a privileged position to develop energy storage projects, particularly in Great Britain.
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