Financial and fiscal VDD of NW Storm for its sale to RGREEN INVEST
1 Aug 2022
1 Aug 2022
Eight Advisory performed the financial and fiscal vendor due diligence in the context of the sale of NW Storm to RGREEN INVEST.
A subsidiary of NW Storm Group, NW Storm are pioneers in the market of electric storage and high-power charging. The company develops innovative solutions for electricity storage and ultra-fast charging infrastructure for electric vehicles, primarily in low-density areas, thus actively addressing critical concerns regarding energy transition, energy supply security and uneven access to grid infrastructure facilities.
Founded in 2013, the management company RGREEN INVEST specializes in green infrastructure financing. As the first player to offer a full range of tailored financing solutions, RGREEN INVEST puts finance at the service of players in the energy transition in Europe.
This new capital increase of NW Storm should enable the group to accelerate its development in France and internationally, notably through the installation of 1,000 high-powered charging points over the next 18 months in peri-urban and rural areas, and 2,000 JBoxes by 2026.
The Eight Advisory team in charge of the financial due diligence was led by Guillaume Catoire.
The Eight Advisory Tax team in charge of the tax due diligence was composed of Guillaume Rembry, Kevin Peau and Julia Pizzetta.