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The Caisse des Dépôts et Consignations join forces with Voltalia in the field of Renewable Energy in French Guyana

24 December 2008

Salans Paris assisted the Caisse des Dépôts et Consignation (French publicly-held largest financial institution) in its purchase and subscription of 20% of the stock of Voltalia 's subsidiary in French Guyana. The company produces electricity created through renewable energy and is also a carbon credit operator.

This transaction aims at cofinancing Voltalia's projects in French Guyana, and can be re-evaluated until 2011, according to the development of projects in various renewable energy sectors.

Olivier Genevois and Sylvain Paillotin (on the corporate M&A side) and Olivier Laffitte and Charles-Henri de Saint Julien (on the tax and regulatory aspects) advised the Caisse des Dépôts et Consignation 's legal and operational teams in negotiating their share in Voltalia Guyane's capital.

Contacts

Paola Pozzi-Dazza, Marketing & Communication Manager
Tel: +33 1 42 68 92 72 - Fax: +33 1 42 68 70 20
E-mail: ppozzi@salans.com