Clifford Chance
Clifford Chance advises Crédit Agricole Private Equity on the acquisition of a stake in abacus solar AG
7 February 2012
Clifford Chance advises Crédit Agricole Private Equity on the acquisition of a stake in abacus solar AG
Clifford Chance advised Crédit Agricole Private Equity, Paris, on the acquisition of a stake in abacus solar AG within the framework of a capital increase. Crédit Agricole Private Equity and abacus solar AG also founded the investment company abacus solar Power GmbH, an entity designed to invest in new projects.
abakus solar is a leading international developer and installer of photovoltaic rooftop and solar farms, as well as a wholesaler of complete installation kits and components.
The investment management company Crédit Agricole Private Equity specialises in financing SMEs and has approximately EUR 3.7 billion under management.
The Clifford Chance team was led by partners Dr. Thomas Stohlmeier (M&A) and Dr. Björn Heinlein (Energy) and comprised senior associate Vera Voigt (Energy), partner Marc Besen, senior associate Dr. Achim Gronemeyer (both Antitrust), senior associate Cosima Preiss and associate Dr. Werner Brickwedde (both M&A) – all Düsseldorf.
