EDF ENR’s Strategic Agreement with Axtom Group

King & Spalding LLP advised EDF ENR on the deal. While Racine advised Axtom.

EDF ENR, a subsidiary of French energy leader EDF Group, has entered into a strategic agreement with real estate operator Axtom, which specializes in the development of logistics buildings, to design and build innovative buildings equipped with, among other things, photovoltaic roofs and shading systems as well as electrical storage batteries.

The joint venture created under this partnership will control two new entities, which will work on the design of energy self-sufficient buildings. These buildings will be equipped with photovoltaic production units and electrical storage units. The two new entities will have significant investment capacity to develop more than 300,000 square meters of photovoltaic roofs per year, representing 40 MW of power.

The King & Spalding team included Laurent Bensaid (Picture), Agnieszka Opalach, Véronique Gédéon and Guillaume Aubatier.

The Racine team included Luc Pons, Caroline Hazout-Nakache, Louis Leroy, Carol Santoni, Gwénolé Morineaux.

Involved fees earner: Guillaume Aubatier – King & Spalding; Laurent Bensaid – King & Spalding; Véronique Gédéon – King & Spalding; Agnieszka Opalach – King & Spalding; Caroline Hazout-Nakache – Racine Cabinet; Louis Leroy – Racine Cabinet; Gwénolé Morineaux – Racine Cabinet; Luc Pons – Racine Cabinet; Carol Santoni – Racine Cabinet;

Law Firms: King & Spalding; Racine Cabinet;

Clients: Axtom; EDF ENR;

Author: Federica Tiefenthaler