ArcLight Sells French Wind Energy Assets to AXA Private Equity

NEG´s portfolio consisted of four wind farms totaling 28.5 MW in Brittany: the Plouye wind farm was put into commercial operation in February 2005 and was powered by Neg Micon NM48, 750 kWs wind turbines, and the Trebry, Lanfains and Le Haut Corlay wind farms began commercial operation in January 2006 and operated with Vestas NM64C 1.5MW wind turbines.

NEG sold these assets in order to concentrate on building up its existing cogeneration and district heating business in France.

ArcLight is one of the world’s leading energy investment firms with more than $6.8 billion under management. ArcLight’s investment team has extensive energy investing experience, industry relationships, and asset level knowledge. ArcLight is headquartered in Boston, Massachusetts with offices in New York City, London and Luxembourg.

AXA Private Equity is a leading private equity firm with US$25 billion in managed assets and a global reach extending across Europe, North America and Asia. The firm offers investors the full spectrum of private equity services for every market segment: direct funds, infrastructure financing, mid cap and small cap buyouts, venture capital, co-investments, fund of funds as well as mezzanine financing.

www.axaprivateequity.com/

www.arclightcapital.com/