RGREEN INVEST announces the sale, via its INFRAGREEN IV fund, of its 50% stake in GDS Italia to its long-time partner Générale du Solaire, which now becomes the sole shareholder.
Jointly created in 2020 by RGREEN INVEST and Générale du Solaire, the GDS Italia platform was initially a startup initiative. During the last five years, leveraging the expertise of its shareholders, it has become a solid player in the photovoltaic sector in Italy, with a portfolio comprising 50 MW in operation, 50 MW “ready-to-build,” and more than 200 MW under development.
This transaction marks the culmination of a key milestone: RGREEN INVEST, having contributed to the creation and structuring of the platform, the creation and growth of its portfolio, and the financing and construction of its first operational projects, is now handing over the reins to its partner to continue the development of GDS Italia.
RGREEN INVEST and Générale du Solaire share a long history of cooperation, with multiple joint projects in the financing and development of photovoltaic infrastructure in France and Europe. This new milestone confirms the strength of a partnership built on trust and a shared vision of working together to accelerate the energy transition.
With this sale, RGREEN INVEST confirms its ability to support the creation and growth of new platforms, relying on solid partnerships and a long-term vision for the energy transition.
“Starting from a blank slate, GDS Italia has become a leading solar platform in Italy in five years. We are convinced that it is now ready to pursue its development and continue to progress under the leadership of Générale du Solaire as sole owner. This sale is in line with the operations already completed by our Infragreen IV fund and is a next stage of its divestment plan.”, emphasizes Nicolas Rochon, Founder & CEO of RGREEN INVEST
About RGREEN INVEST
RGREEN INVEST is a Paris based investment management company, with over fifteen years’ experience financing the energy transition. B Corp-certified, and a mission-driven company, RGREEN INVEST brings European entrepreneurs in the industry a comprehensive tailored range of financial solutions, in both equity and debt, to support their growth. RGREEN INVEST’s purpose is to accelerate the energy transition, strengthen energy sovereignty and independence, and mitigate climate change while fostering adaptation. With 50 specialized and experienced professionals, RGREEN INVEST has already supported over 3,000 projects mainly in Europe amounting to more than 3.4 billion euros managed since inception.