DS advises Fnac Darty on signing a greenfield PPA with Valeco

A DS Avocats team composed of Véronique Fröding, Stéphane Gasne and Grégory Gutierrez, partners, advised the Fnac Darty group on the signing of a greenfield PPA with Valeco, a leader in renewable energy projects from their development to their dismantling.

The PPA (power purchase agreement) covers the production of a photovoltaic park to be built in the Centre-Val de Loire region, with an installed capacity of 20MW. This future solar farm, which will be built in 2023, will cover 16% of the annual energy consumption of Fnac Darty sites in France.

As part of the group’s commitment to reduce its carbon emissions by 50% by 2030, this new PPA follows on the heels of a previous wind power purchase agreement signed in January 2021 with Valeco. Combined, the two contracts will represent one third of the group’s annual consumption.

Contact DS Avocats

Kenya Tillerson – tillerson@dsavocats.com

Contact Avocom

Virginie Jubault – v.jubault@avocom.fr

About DS Avocats

Founded in Paris in 1972, DS has nearly 400 business lawyers practicing in a network of 24 offices on 4 continents. As the leading French law firm with an international dimension, DS has a dual expertise in both advice and litigation, assisting its French and foreign clients in all areas of business law, both in France and internationally.

DS Avocats has developed expertise in the renewable energy, electricity, gas, oil and nuclear sectors, covering the entire energy value chain. Its lawyers offer a service ranging from advice on the legal, financial and tax structuring of projects to the defense of their interests before administrative and judicial authorities.

DS Avocats and Hamzi Law Firm join together in Morocco

DS Avocats is pleased to announce that Hamzi Law Firm (HLF), based in Casablanca, is joining the DS Group in order to strengthen its presence on the African continent and to broaden its reach in the Middle East. This alliance is an important step in the strategy of DS Avocats to accelerate its development on the African continent. The firm will now operate under the name DS HLF.

HLF is a leading Moroccan multidisciplinary law firm, founded in 1999, providing both advisory and litigation services. It is led by Zineb Hamzi, founding partner, and co-managed by Patrice Mouchon, member of the Paris Bar. The firm has two partners and eight multilingual associates fluent in French, Arabic, English and Spanish.

The team is known for its specialized expertise and assists a diversified clientele of investors and managers of SMEs and large international and Moroccan companies in their projects in Morocco, West Africa and the Middle East.

In particular, HLF has gained expertise in Business Law, Social Restructuring and International Mobility, PPP and Project Financing, Intellectual Property – IT – Data Protection and Litigation – Arbitration. HLF’s teams also have sector-specific offerings in the fields of Energy and Infrastructure, Tourism and Hospitality, Insurance and Transportation, as well as in Technology – Media – Telecommunications.

DS Avocats, already present on the African continent through its Dakar office, strengthens its offer with the expertise of HLF, which also provides access to the Middle East. Our clients can now benefit from an international network of 24 offices in 14 countries.

« The alliance between Hamzi Law Firm and DS Group undoubtedly contributes to the leadership of our firm internationally. It represents a step forward in our ambition to ensure that DS has a strong presence in the Maghreb as well as in Sub-Saharan Africa and the Middle East. It also allows us to offer our European, American and Asian clients a gateway to development that has no comparison on the African continent. »

Olivier Fages, chairman of DS Avocats

We are pleased to officially join the DS Group, with whom we have been working for many years. This alliance will allow us to pool our skills and our networks, in order to provide our clients with quality international support in order to effectively secure their legal operations. We are determined to make DS HLF in Casablanca a strong link in the network in Africa and the Middle East, for European, Asian and international clients. » 

Zineb Hamzi, Founding Partner of Hamzi Law Firm

 Contact DS Avocats :    Laure Esclapez – esclapez@dsavocats.com

Contact Avocom    Virginie Jubault – v.jubault@avocom.fr

About DS Avocats

Founded in 1972, DS has nearly 400 business lawyers practicing in a network of 24 offices in 14 countries on 4 continents.

As the leading French law firm with an international dimension, DS has a dual expertise in advice and litigation, assisting its French and foreign clients in all areas of business law, both in France and abroad.