Doric Asset Finance Completes Project Financing Of $91 Million For Two Solar PV Projects In Provence, France - Deal Analysis from GlobalData by GlobalData

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Doric Asset Finance Completes Project Financing Of $91 Million For Two Solar PV Projects In Provence, France - Deal Analysis from GlobalData

Summary

Doric Asset Finance has completed project financing for two grid connected solar photovoltaic (PV) projects in France for $91 million. The projects are planned to become operational in 2011 and are owned by Doric’s third renewable energy fund ‘Doric Solar Provence’. Enfinity NV will manage and operate the power plants and the non-recourse debt financing will be provided by Norddeutsche Landesbank Girozentrale (Nord/LB).

With this deal, Doric Asset Finance aims to diversify its renewable energy portfolio and take advantage of solar PV feed-in tariffs in France.

Scope

The scope of the report includes -
- Tkey Features of the Solar Power Plants "Lavansol M7’ and ‘Lavansol II’
- Comparable acquisitions to that of Doric asset Finance in France in the Solar PV Market
- The Solar PV Market France -Historical and Forecast Installed Capacity 2001-2020
- Feed in Tariffs for the Development of Solar PV in France
- Renewable Portfolio of Doric Asset Finance

Reasons to buy

The Deal Report attempts to focus on the reasons for capitalizing on the Solar PV Market in France. It will allow the reader to -
- Understand the Trends followed in the Solar PV Market and Installed capacity in France
- Understand the Government Support and Incentives provided for Solar PV in France
- Develop an understanding about the key investments of Doric Asset Finance in Renewables Sector
- Understand the Comparitive Investments by other utilities in Solar PV in France

More Info
									            Doric Asset Finance Completes Project Financing Of $91
           Million For Two Solar PV Projects In Provence, France - Deal
                            Analysis from GlobalData
       Reference Code: GDAE0105M&A                                                                                                              Publication Date: May 2011


       1         Table of Contents
       1 Table of Contents.................................................................1            2       Summary
        1.1 List of Tables .................................................................1
                                                                                                        Doric Asset Finance has completed project financing for two
        1.2 List of Figures ................................................................1
       2 Summary .............................................................................1         grid connected solar photovoltaic (PV) projects in France for
       3 Doric Asset Finance Completes Project Financing Of $91                                         $91 million. The projects are planned to become operational in
         Million For Two Solar PV Projects In Provence, France ......1                                  2011 and are owned by Doric‟s third renewable energy fund
        3.1 Deal Overview ...............................................................1              „Doric Solar Provence‟. Enfinity NV will manage and operate the
        3.2 Deal in Brief ...................................................................1          power plants and the non-recourse debt financing will be
        3.3 Key Features of the Solar PV Power Plants ..................2
                                                                                                        provided by Norddeutsche Landesbank Girozentrale (Nord/LB).
        3.4 Comparable Deals.........................................................2
        3.5 Key Drivers of the Deal .................................................2                  With this deal, Doric Asset Finance aims to diversify its
          3.5.1    The Solar PV Market, France ...............................2                         renewable energy portfolio and take advantage of solar PV
          3.5.2    Feed-in Tariffs: An Adequate Mechanism for the
                                                                                                        feed-in tariffs in France.
                   Development of Grid Connected Solar Power in
                   France ..................................................................4
          3.5.3    Expansion of Doric Asset Finance‟s Renewable
                                                                                                        3       Doric Asset Finance Completes Project
                   Energy Portfolio....................................................5                        Financing Of $91 Million For Two Solar
        3.6 About the Companies ....................................................5                           PV Projects In Provence, France
          3.6.1    Doric Asset Finance .............................................5
          3.6.2    ASN Bank.............................................................5               3.1    Deal Overview
          3.6.3    Norddeutsche Landesbank Girozentrale ..............5
       4 Appendix ..............................................................................5       Deal Type                     : Asset Finance
        4.1 Abbreviations.................................................................5
        4.2 Methodology ..................................................................6             Deal Sub Type                 : Project Finance
          4.2.1    Coverage..............................................................6              Deal Status                   : Completed
          4.2.2    Secondary Research ............................................6
          4.2.3    Primary Research ................................................6                   Announced Date                : 10-May-2011
          4.2.4    Modeling and Forecasting ....................................6
        4.3 Contact Us.....................................................................6
                                                                                                        3.2    Deal in Brief
        4.4 Disclaimer......................................................................7
                                                                                                        Doric Asset Finance Ltd, a company which invests in the
                                                                                                        transportation, real estate and energy sectors, completed
                                                                                                        project financing of €63m ($91m) for the construction and
       1.1       List of Tables
                                                                                                        development of two ground mounted solar PV projects on the
       Table 1:       Solar PV Market, France, Comparable Deals, 2010–                                  Puimichel plateau in Les Mees, Provence, France. The two
                      2011 .........................................................................2   plants have a total installed capacity of 18.2 megawatts (MW),
       Table 
								
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