NW Storm’s €300 Million Fundraising

Linklaters advised NW Storm on the deal. Bryan Cave Leighton Paisner (BCLP) advised RGreen Invest. Vigo advised NW Groupe.

NW Storm, a French leader in battery electricity storage and charging stations for electric vehicles founded by Jean-Christophe Kerdelhué in 2018, raised€300 million on its fundraising from RGreen Invest, a management company dedicated to investments in green infrastructure and technologies.

NW Storm develops, installs, and operates the JBox® solution, a battery-based electricity storage system, as well as IECharge®, a high-power charging solution for electric vehicles, coupled with the JBox® storage unit.

Thanks to this fundraising, NW Storm, valued at €1.5 billion, becomes the first French unicorn in the energy transition field. This financing will enable the company to develop its energy storage network and increase its capacity to 2,000 JBox® sites by 2026, i.e. a capacity of 2,500 MW.

The Linklaters Paris team was led by Bruno Derieux (Picture) and Nicolas Le Guillou, partners in Corporate / M&A, with Zoé Giovanetti and Baptiste Fondeur, associates; Mylinh Pham and Athanase de Guitaut, associates in Energy & Infrastructure, on public law and financing aspects; Géric Clomes, partner, and Cécile Boulé in Employment Law; Saadoun Alioua and Marine Hennequin in Real Estate Law, as well as Edouard Chapellier, partner in Tax, and Lucille Cazala, associate.

The BCLP team included Jean-Pierre Delvigne, Virginie Brault-Scaillet, Paul Ast, Julie Catala-Marty, Paul Blin, Olivier Mesmin, Yecine Nour.

The Vigo team included Christine Carpentier. 

Involved fees earner: Paul Ast – Bryan Cave Leighton Paisner; Paul Blin – Bryan Cave Leighton Paisner; Virginie Brault-Scaillet – Bryan Cave Leighton Paisner; Julie Catala Marty – Bryan Cave Leighton Paisner; Jean-Pierre Delvigne – Bryan Cave Leighton Paisner; Olivier Mesmin – Bryan Cave Leighton Paisner; Yecine Nour – Bryan Cave Leighton Paisner; Baptiste Fondeur – Linklaters; Saadoun Alioua – Linklaters; Cécile Boulé – Linklaters; Lucille Cazala – Linklaters; Edouard Chapelier – Linklaters; Géric Clomes – Linklaters; Athanase de Guitaut – Linklaters; Bruno Derieux – Linklaters; Zoé Giovanetti – Linklaters; Marine Hennequin – Linklaters; Nicolas Le Guillou – Linklaters; Mylinh Pham – Linklaters; Christine Carpentier – Vigo ;

Law Firms: Bryan Cave Leighton Paisner; Linklaters; Vigo ;

Clients: NW Groupe; NW Storm; RGreen Invest SAS;

Naoual Sadouqi

Author: Naoual Sadouqi