Edmond James de Rothschild

Voltalis, the European leader of domestic demand-side response, has secured €91M of financing, which represents the first tranche of a larger package

Retrieved on: 
Monday, March 6, 2023
EDRAM, Energy transition, Investment, Growth, Real assets, DSR, Meridiam, Electricity, RTE, Edmond James de Rothschild, LBP, CIO, Renewable energy, Bank

PARIS, March 6, 2023 /PRNewswire/ -- Since 2006, Voltalis has developed a DSR which allows households and businesses to lower their consumption when the power systems need it, as an alternative to generation. With over 15 years of market operations, Voltalis' domestic DSR lowers energy prices at peak times for all, while allowing for more renewables to be used on power grids, supporting both energy security efforts and net zero ambitions.

Key Points: 
  • The financing, secured from Edmond de Rothschild's BRIDGE platform, CIC Private Debt and La Banque Postale Asset Management (LBP AM), will accelerate the rollout of Voltalis' technology.
  • This project, in line with the European taxonomy, allows to reduce French consumers' energy consumption while reducing carbon-intensive generation.
  • As a result, the management of domestic electricity demand defended by Voltalis is an essential investment theme for us.
  • We need a Europe of flexibility and Voltalis will be at the forefront of this historic transformation of our energy system."

CSC Adds Two Industry Leaders in Luxembourg; Secures Fund Administration and Depositary Licenses for Additional Services

Retrieved on: 
Tuesday, September 21, 2021
Accounting, Professional Services, Finance, CSC, Edmond, Edmond James de Rothschild, Singularis Holdings Limited (in liquidation) v Daiwa Capital Markets Europe Limited, Yves, Multimedia, Pierre, Fortune, GFM, Face, Growth, Citco Banking Corporation NV v Pusser's Ltd, Chérêt, Time, Industry, Security (finance), Financial services

In addition, these new licenses will open new and essential services to clients in Luxembourg, yet another key European financial center in CSCs growing footprint.

Key Points: 
  • In addition, these new licenses will open new and essential services to clients in Luxembourg, yet another key European financial center in CSCs growing footprint.
  • Pierre Mifsud joins as managing director for depositary services for CSC Global Financial Markets (GFM), while Yves Cheret comes aboard as managing director of fund administration for CSC GFM.
  • Cheret, meanwhile, has held senior positions in the alternative investment fund industry in Luxembourg for companies such as Alter Domus, Arendt Services, and Ocorian.
  • Whether they need fund administration or depositary services or both, CSCs centralized team offers clients global reach and unrivaled service quality that is committed to supporting their business.