DIF Capital Partners buys French renewables business Qair
- DIF Capital Partners has actually authorized a contract to buy French renewable power producer Qair, the celebrations claimed today without specifying the scale of the investment.
The Dutch financial investment supervisor, which has EUR 14 billion in assets under administration, is investing in the Paris-based business via DIF Infrastructure VII. The capital will certainly support Qair's development as well as profile construct out.
The renewables platform has regarding 1 GW of operating assets, mainly onshore wind and solar projects, and also a 25-GW growth pipeline. It aims to add 4 GW of renewable projects over the next five years. Employing 550 individuals, Qair operates in 20 countries throughout Europe, Latin America and Africa, mostly in France, Poland, Germany, Italy, Spain and also Brazil.
According to Gijs Voskuyl, companion at DIF, Qair "has actually developed a superb record and also an impressive pipeline across a large range of renewable energy industries and nations as well as is quite possibly positioned to play a leading role in the constant decarbonisation of the international economic situation."
