Ashurst advises Quercus Assets Selection and Swiss Life Asset Managers on the acquisition of Antin Solar Investments
Ashurst advised Quercus Assets Selection and Swiss Life Asset Managers on their successful bid and acquisition of Antin Solar Investments, a portfolio company of Antin Infrastructure Partners ('ASI'), in a 50/50 deal.
The bidding increases Quercus' renewable energy portfolio to 266.5 MW. Established in 2011, the ASI portfolio consists of nine plants with a total capacity of 77.1 MW, and is the fifth largest operator in Italy in terms of solar power generation.
The transaction is expected to be completed during the first quarter of 2016.