Family office sells 127M wind energy portfolio in France

In one of the largest wind energy transactions in France, a well-established European family office has successfully sold a 127MW operational wind portfolio in the northeast of the country. This landmark deal underscores the growing interest in renewable energy investments from both strategic and financial players. The deal was announced in October 2024.

A Strategic Exit for the Family Office

The portfolio, comprising 11 wind farms, was acquired by a consortium of investors, including Amundi Energy Transition, TTR Energy, Green Electricity Master Invest IV, and Hexagon Renewable Energy. Amundi Energy Transition, which manages nearly €1 billion in assets, secured a majority stake in the portfolio, while Belgian developer TTR Energy has taken on the role of portfolio manager. Hexagon belongs to the leading renewable energy developers in Europe.

A strategic shift for family office investments in renewables?

While in recent years, most European family offices were rather keen on new acquisitions of solar and wind parks, this transaction portrays a divestment. Our research team has observed a decreasing interest in renewable energy assets from EU single family offices. For instance, the well-known Wirtgen family offices have reported significantly fewer deals in 2024. Alternatively, the family office could have simply focused on a common project development, which final goal is the sale of the project itself. Our team will continue observing family office investments in the renewable sector over the course of 2025 and beyond.

Source: Renews.biz
Picture Source: Casey Horner

Picture source: Zetong Li