11020:7 ‘YES SECURITIES Acts as Exclusive Advisor to Fervache Energie SAS for Sale of 2:3 MW - Press Release YES SECURITIES ACTS AS EXCLUSIVE ADVISOR TO FONROCHE ENERGIE SAS FOR SALE OF 22.3 MW "Mumba, December I4, 2016: Fonroche Energie SAS, a France based renewable energy developer completed monetization of is wholly owned Indian subsidares Fonroche Ssaras Energy Pv. Led. (FSEPL) and Fonroche Raajhans Energy Pvt Leg, (FREPL) co Hindua Group, a diversified conglomerate with business inzerests across automobiles, financial services, engineering, international trading, healtheare, real estate, media and infrastructure. YES SECURITIES Sustainable hvestment Banking Team (SIB) acted asthe exclusive advisor to Fonroche for this landmark eransaction. YES SECURITIES isa ‘wholly owned subsiiary of YES BANK, FSEPL and FREPL cumulatively own and operate 223 MW solar projects in Gajner, Rajasthan commissioned during 2013 under National Solar Mission Phase |, Batch 2. These projects have been consistently ranked as the top performing projects setup under the Jawaharlal Nehru National Solar Mission LUNNSM) scheme, This is one of the few cross border Mergers & Acquisitens (M&A) transaction inthe solr energy space, a sector which has seen slgncane capacity adaltion over he lst Few years Solomon & Co, acted as the legal advisor to Fonroche and Fortitude Law Associates acted as che legal advisor to Hinduja Group for the transaction, ‘Thierry Carcel, CEO of Fonroche Energie SAS, commented: "We decided to sell our 2sstsin India because Fonroche is seeing an enormous growth in the Latin American market and needed to reallocate its resources. We are very satisfied about the collaboration with YES SECURITIES’ Sustainable Investment Banking (SI8) team, which was able to find the right match forthe assets, and made the whole process quite smooth for ut ‘YES SECURITIES’ Sustainable Investment Banking (SIB) team acted as the exchuive advisor for tis transaction. Speaking on ths occasion, Mr Vikas Dawra, Senior President, YES SECURITIES sad, "YES SECURITIES, a wholly owned subsidiary of YES BANK has deep rooted understanding and expertise in the renewable energy space and is privileged to have executed one of the few crass border MBA transactions inthe solar energy sector. YES SECURITIES i actively working on more such marquee deals in che renewable energy space. The SIB team has now succesfully concluded five renewable energy MBA transactions in the last I2. months, which makes us the No. | renewable energy M&A advisor inthe country by volume.” ‘About Fonroche Energie SAS Fonroche Energie SAS is a France based Renewable Energy developer headquartered in Roquefort, near Agen, south-west France. I provides clesn ‘energy slutions to an increasingly international customer base. Fonroche has around 250 MWVp in operation and more than 300 MW under development across 5 countries. About YES SECURITIES - Sustainable Investment Banking (S18) Team ‘Sussinable Investment Banking (SI) is 2 knowledge focused iniative of YES SECURITIES, a wholy owned subsidiary of YES BANK providing Jnvestment Banking and advisory services to company’s operating in the sustainability space viz Renewable Energy, Environment & Education IB specializes in private equity fund ralsng, merger & acquisition, technology transfer, business advisory, corporate restructuring. Ic has successfully ‘completed 35 eransactions in the sustainability space wich a cumulative eransiction value of USD 7.0 bn About YES BANK YES BANK, India’ fourth largest private sector Bank with a pan Indla presence across all 29 states and 7 Union Teritories of Indi, headquartered inthe Lower Pare! Innovation District (LPID) of Mumba, the outcome of 1 & entrepreneurial commiement ofits Founder Rana Kapoor and es, Tap Management team, to establish 3 high quali customer cen Kav Ian Bank catering to the future businesses of India ete ee enue mame ~) @OOO hipeuhwon yesberk inimedialress-relesseely-20°6-17ives-secirter-ate-at-exlusive-aisor-to-frvoche-energe-sat-(r-eale-o-22-2-eolar- project... 1211020:7 ‘YES SECURITIES Acts as Exclusive Advisor to Fervache Energie SAS for Sale of 2:3 MW - Press Release = rayan ABOUTUS WORKWITHUSBANKWITHUS _LOCATEUS _coNTAcT US Detra Iran! ‘Adfactors hs +91 9820660467 malt: delna@adlactorsprcom 9 WRITE TO US > o FOLLOW US > DOWNLOAD APP 2s, Seppore Nodal Offeer Griewnce Redes] Comins Loss of Card DoNot Col Ressry Form Conve Products & Services i nn sine eerey re eens semen ne eed ee ate ea sa eden Sem Te me ae eee Ca ‘Sitemap FAQs IFSC Code Money Matters Life Matters Rates and Charges Regulatory Policies Regie Deckewertacin SocilCome Sy ~< roan: 5 rs See @_) YES PAY WALLET penser Digital Walle with free Vireual card and UPL which ‘an be used to sendireceive money, mobilg/OTH recharge, pay bils and much more e000 Feipeuhwon yesberk inimedialress-relesseely-20°6-17ives-secirter-ate-at-exclusive-aisor-to-frroche-energie-sat-(r-eale-o-22-2-eolar project... 22