Qair Group, a renewable energy producer, is changing its capital structure and welcomes DIF Capital Partners, an independent management company operating in The Netherlands, as a new shareholder.
The two companies have entered into a partnership agreement whereby DIF Capital Partners will invest in Qair Group through its DIF Infrastructure VII fund in order to accelerate the growth and build up of the group's asset portfolio.
DIF Capital Partners' investment is part of Qair Group's ambition to become an independent global leader in responsible energy. A diversified independent power producer with operations in 20 countries around the world, Qair Group, with its 550 employees, develops, builds and operates hydroelectric, wind, solar, waste-to-energy and green hydrogen projects. It currently manages a portfolio of 1 GW of operational assets consisting of onshore wind and solar projects as well as a development pipeline of 25 GW. The group has an ambitious target for the next five years: the commissioning of approximately 4 GW of additional renewable energy projects.
August Debouzy advised Qair with a team composed of Jérôme Brosset (partner), Gwendoline Hong Tuan Ha (counsel), Coralie Foucault and Juliette Vachet.
Qair was also advised by PSP Avocats, NM Advisory, 8 Advisory, PWC and Niddam-Drouas.
DIF Capital Partners was advised by Astris Finance, KPMG, H3P, Clifford Chance, UL, DNV, Baringa and Marsh.
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