TRANSACTION OVERVIEW

  • On November 30, 2016, Envision Energy (“Envision”)
    announced its acquisition of the French business of
    Velocita Energy Developments (“Velocita”)

ENVISION OVERVIEW

  • Headquartered in Shanghai, Envision is a leading wind
    turbine manufacturer with top five market share in China
    and over 7.5 GW of smart wind turbines in operation
  • Envision has achieved significant international growth by
    acquiring development-stage projects in Sweden, Turkey,
    Montenegro, Mexico, Argentina and Chile
  • Envision’s OS platform is used to manage over 50 GW of
    renewable energy assets, including charging stations and
    energy consumption devices globally
  • Envision has regional offices across Asia, Europe, North
    America and South America, and has established global
    R&D engineering centers in Denmark, Germany and the
    United States

VELOCITA OVERVIEW

  • Velocita is an independent European developer, owner
    and operator of onshore wind energy projects
  • Velocita was established in 2011 in partnership with
    Riverstone Holdings LLC to finance the development,
    construction, ownership and operation of utility-scale
    wind energy projects in the United Kingdom and France
  • Velocita’s French portfolio is comprised of approximately
    500 MW of wind projects at various stages of
    development, mainly located in Northeast France

GCA’S ROLE

  • GCA served as exclusive financial advisor
    to Envision and was closely involved in
    all aspects of the transaction, including
    structuring, valuation, due diligence and
    negotiation
  • GCA’s deep industry relationships
    and extensive transaction experience
    allowed Envision to negotiate a complex
    transaction structure and significantly
    improve deal terms

WHAT THE TRANSACTION MEANS
FOR THE EUROPEAN ONSHORE
WIND SECTOR

  • This is a landmark transaction,
    representing the first Chinese wind
    turbine OEM acquisition of a European
    wind development platform
  • Envision will dramatically accelerate its
    technology deployment in Europe thanks
    to Velocita’s robust project pipeline