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The 100MW portfolio of onshore wind assets being acquired by the TTR Green Fund IV consortium consists of eight plants across Northern France, with tier-1 manufacturers, full-service contracts and is located in areas selected for high wind speed.
The portfolio is 100% owned by Glennmont. The sale will be subject to customary lenders change of control approval and French Ministry of Economy notification of foreign investment. For the transaction, Glennmont used Green Giraffe as financial advisers, Watson Farley & Williams as legal advisers, and Natural Power as technical advisers.
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