# Valorem acquires Force Hydraulique Antillaise for 49.4 million euros

Valorem and Acofi Gestion finalized financing operations totaling 49.4 million euros to acquire Force Hydraulique Antillaise (FHA), which operates 16 hydroelectric plants in Guadeloupe with 10.6 MW capacity. FHA will build three new plants in Guadeloupe and Martinique.

- Type: Acquisition
- Announced: 2019-11-21
- Where: Guadeloupe and Martinique, France
- Value: $54.5M (49.4M EUR)
- Status: announced
- Capacity: 10.6 MW (existing), 6.4 MW (new), 100 MW (development)
- Products: hydroelectric power
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Valorem](https://endata.com/companies/43433.md) (acquirer)
- [Force Hydraulique Antillaise](https://endata.com/companies/43434.md) (target)
- [Acofi Gestion](https://endata.com/companies/43435.md) (investor)

## Sources

- [firsteco.fr](https://www.firsteco.fr/553631-le-girondin-valorem-s-implante-dans-les-dom-tom-avec-l-acquisition-de-force-hydraulique-antillaise-operateur-en-energie-hydroelectrique/), 2019-11-21: "La somme réunie, sous forme de prêts obligataires d’une durée de 14 ans, est de 49,4M€ et permet l’acquisition de Force Hydraulique Antillaise (FHA) par Valorem."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.