France's Andera Partners creates 1-GW renewables platform

• French private equity as well as green facilities financier Andera Partners has set up a new platform focused on the development of renewable energy projects, targeting greater than 1 GW over 10 years.

The lorry, called Terr.A, will certainly concentrate on wind and also solar photovoltaic or pv (PV) growth across Europe. The platform was developed by the Andera Smart Infra 1 fund, Paris-based Andera said on Thursday.

"Terr.An intends to build collaborations with designers of the energy shift wishing to keep their independence while maintaining part of the fruit of their work," claims the annoncement. Terr.A's goal is to become an independent power producer.

Olivier Aymard will be Terr.A's growth supervisor, to be accountable of the firm's project and partnership growth activities.

"Faced with the environment emergency, we no longer have a selection, we have to even more speed up the growth of renewables to decarbonize the French power mix as much as possible," stated Guy Auger, co-leader of the Andera Infra team.

Andera Smart Infra 1 is dedicated to the growth, financial investment as well as operation of renewable resource projects.