Asafo & Co.:Valoris Capital launc Moroccan Energy Transition Fund 

Asafo & Co. acted as legal counsel to Valoris Capital on the launch of Morocco’s inaugural investment fund solely dedicated to the energy transition sector. 

Valoris Capital, a subsidiary of the independent investment bank Valoris Group, introduced the Valoris Alternative Investments Fund (VAIF). This innovative fund offers a comprehensive solution for financing, installing, and maintaining self-generated photovoltaic farms, with the goal of providing eco-friendly and cost-effective electricity to support industrial and agricultural enterprises. VAIF is groundbreaking in its nature and is committed to helping Moroccan businesses reduce energy expenses and their carbon footprint, all while protecting their borrowing capacity. 

The Asafo & Co. team advising Valoris Capital on the fund launch was led by partner Patrick Larrivé (pictured) who was assisted by associate Cyril Kalfat (associate). Louis Dubois (partner) and Guy–Fabrice Holo (associate) advised on the regulatory and contractual aspects related to the auto-generated renewable energy component of the project. Asafo & Co. also advised Valoris Capital in setting up its first fund, Valoris Equity Fund, aimed at financing SMEs.