Orrick Advises Banks on €200M Financing to Accelerate Neoen’s Renewable Energy Projects Across Europe

2 minute read | November.13.2025

Française: Orrick conseille les Parties Financières sur la plateforme de financement pan-européenne (warehouse financing) de Neoen à hauteur de 200m€

Orrick advised a consortium of commercial and hedging banks on a €200 million warehouse financing deal that will enable Neoen to finance solar, onshore wind and energy storage projects across Europe.

THE COMPANIES

Neoen is a Brookfield portfolio company and one of the world’s leading independent renewable energy producers.

THE IMPACT

This innovative transaction marks a significant step in Neoen’s European growth strategy. It provides Neoen with a flexible, scalable platform to finance a diversified portfolio of ready-to-build renewable energy assets (solar PV, onshore wind and battery storage) across six European countries: France, Germany, Ireland, Italy, Portugal, and Sweden. The platform is designed to accommodate further assets, jurisdictions and financing.

The financing includes:

a €200 million revolving credit facility; and
an additional uncommitted incremental facility to support future growth.

The Finance Parties included BNP Paribas, BNP Paribas Fortis SA/NV, HSBC Continental Europe and ING Bank N.V.

THE TEAM

The Orrick team advising on the transaction included:

Paul Loisel, Laure Seror, Alexandre Desroches, Inès Elkhettar and Emna Triki on the financing aspects;
Geoffroy Berthon, Adil Kourtih and Charlotte Berrat on the public law and project contract aspects; and
Cécile Mariotti and Maïten Le Brishoual on the tax aspects.

LEARN MORE

Related Lawyers

Paul Loisel 合伙人, Energy & Infrastructure, Banking & Finance

巴黎

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D:+33 1 5353 7291
E: [email protected]

Practice:

Energy & Infrastructure Sector
Energy & Infrastructure
Banking & Finance
Renewable Energy
电力
Africa

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Paul Loisel 合伙人

巴黎

Paul's practice focuses on project finance and strategic acquisition transactions in energy and infrastructure.

He advises sponsors and financiers on large greenfield and brownfield project financings, both cross-border and domestic, primarily in France, in EMEA and Africa.

He brings exceptional knowledge in structuring and financing of public-private, transport, telecom, energy transition, social infrastructure and real estate projects.

Paul also regularly advises clients in the fast-growing EnergyTech and InfraTech sectors.

He has extensive experience on all types of financings (senior, junior, mezzanine, loans, bonds) and related derivative instruments.

More generally, Paul advises on financing aspects of strategic assets in connection with project finance, M&A/private equity or restructuring transactions.

Geoffroy Berthon 合伙人, Energy & Infrastructure, Energy

巴黎

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D:+33 1 5353 7515
E: [email protected]

Practice:

Energy & Infrastructure Sector
Energy & Infrastructure
Energy
Infrastructure
Public Finance

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Geoffroy Berthon 合伙人

巴黎

Geoffroy advises on public contracts, particularly in the context of concessions and PPPs. He has been involved in projects relating to the financing, construction and operation of the Stade Vélodrome in Marseille; the Sud Europe Atlantique high-speed line; the Athletes' Village for the Paris 2024 Olympic Games; the Grand Paris Express and the offshore extension of the Principality of Monaco. He has also worked on several French highway (A412, A69, RCEA, A88, A41, A150), port (Calais, Cannes) and airport projects (Nice, Lyon, Beauvais).

In the renewables field, he acts alongside the French government (Ministry of Energy Transition) in calls for tenders for the construction of offshore wind farms, including floating wind turbines, and advises operators in the realization of biomass and geothermal projects, as well as investors in the context of "M&A" operations concerning wind and solar assets and methanization. He also has experience in hydroelectricity matters. He advises both sponsors and lenders and works regularly with public entities and governments. He also advises on the drafting and negotiation of corporate PPAs, acting for both energy producers and buyers.

Geoffroy Berthon is recognized by clients as "talented, dynamic and brilliant lawyer. He is a hard worker. His calm manner and attentiveness reassure as a client" (Legal 500) and as a Leading Partner by Legal 500 (EMEA 2025) in public law and energy.

Geoffroy holds a doctorate in public law, was a lecturer in public contract law at Sciences Po, and frequently published in both English and French.

Cécile Mariotti 合伙人, 税务, Mergers & Acquisitions

巴黎

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D:+33 1 5353 8180
E: [email protected]

Practice:

税务
Mergers & Acquisitions
Private Equity

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Cécile Mariotti 合伙人

巴黎

She has significant experience in both French and international tax matters and regularly advises on complex mergers and acquisitions, reorganizations, capital markets, and financing transactions.

Cécile works with French and international corporate groups across various sectors, both public and private, as well as financial institutions and investment funds. She also represents clients in their dealings with tax authorities, including ruling requests and tax litigation. Additionally, she assists in the structuring and implementation of employee stock offerings and management packages.

Cécile teaches a seminar on the tax aspects of LBOs as part of the Master in International Taxation program jointly offered by Paris II Panthéon-Assas University and HEC. She is a member of the International Fiscal Association (IFA) and the Institut des Avocats Conseils Fiscaux (IACF), where she served on the Corporate Tax Committee until October 2020. She is also a member of the Tax Committee of France Invest and has been appointed as a rapporteur for France at the IFA Congress in Lisbon in 2025.

In addition, Cécile serves on the board of the Alliance for the Financing of Femtech in France. She maintains an active pro bono practice in the tech sector and is strongly committed to initiatives and networks that support the long-term success of women leaders in business. Notably, she served as co-leader of the Women Enriching Business Committee in Paris at Latham & Watkins.

Before joining Orrick, Cécile spent four years in the tax team at Latham & Watkins, following seven years in the tax team at Cleary Gottlieb, working in both the Paris and New York offices.

Related Areas

Energy & Infrastructure