BCTG Avocats advised EQTEC France, an Irish company specializing in second generation gasification technology solutions for sustainable waste-to-energy projects, in the acquisition of a 6.5 MWe gasification plant in Villers-sous-Montrond, near the French-Swiss border.
The transaction took place within the framework of an asset takeover at the bar of the Besançon commercial court, the company Synnov having been placed in receivership.
The 6.5 MWe cogeneration unit, once operational, will transform approximately 45,000 tons of wood waste and solid recovered fuel (SRF) from demolition and sustainable biomass to export low-carbon electricity to the national grid. The plant will become the French market development center (MDC) for the EQTEC group.
The transaction has been authorized by the Ministry of Economy and Finance under Articles L151-3 and R151-1 et seq. of the French Monetary and Financial Code (regulations governing foreign investments subject to prior authorization).
A multidisciplinary team from BCTG Avocats, led by Augustin Nicolle, Partner in Corporate/M&A – Litigation and Diane Mouratoglou, Partner in Project Contracts – Litigation, Nelsie Bergès Counsel in the Urban Planning/Environment Department, Energy Division, Sophie Marcilhacy, Clothilde Hennequin, Associates, assisted EQTEC in the preparation of its asset purchase offer, and its presentation to the procedural bodies.
BCTG Avocats (Augustin Nicolle, Diane Mouratoglou, Partners, Nelsie Bergès, Counsel, Sophie Marcilhacy, Clothilde Hennequin, Associates)
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