Quenea, a French company headquartered in Carhaix-Plouguer in Brittany, active in the wind onshore and solar photovoltaic sectors, and Galileo, the pan-European renewable energy development and investment platform, announce the acquisition by Galileo of the large-scale renewable project development business of Quenea.
The scope of the transaction’s first closing includes the development business, with a team of about thirty sector experts led by Pauline Caro, and a portfolio of wind and photovoltaic projects under development for a total capacity of about 140 MW. The size of the portfolio is set to increase following further closings in the coming months and new initiatives already organically originated by the team.
