Crédit Agricole Assurances and Quadran sign an agreement for an operational wind turbine portfolio that will ultimately generate over 200 megawatts
Crédit Agricole Assurances, through its Predica Energies Durables fund managed by Omnes Capital, and Quadran, one of the leading independent renewable energy producers in France, have signed an agreement to set up a joint subsidiary, Quadrica. This structure, which will eventually hold a portfolio of assets representing over 200 MW of onshore wind projects, already has eight onshore wind turbine projects in operation, with a total capacity of 76 MW.
This operation is in line with Crédit Agricole Assurances’ investment strategy and will further strengthen its presence on the infrastructure market, on which the Group has already made significant investments. For Quadran, this operation represents a real opportunity to progress and will make it possible to quickly build up new wind power capacity.
Crédit Agricole Assurances has been supported by the teams from Omnes Capital, whose investment approach aims to establish partnerships with outstanding French and European producers.
- Serge Savasta, Managing Director, Omnes Capital
- Marc-Philippe Botte, Director, Omnes Capital
- Laurent Perret, Associate, Omnes Capital