Conquest Advisors France

About Conquest Advisors France

Conquest Advisors France is the French operating entity of the broader Conquest group, an independent European infrastructure asset management platform that trades commercially as Conquest. The French entity is registered in Courbevoie, France, was incorporated on 18 February 2013 and is managed by Frederic Palanque. The parent group, Conquest Asset Management, was founded in 2010 and is structured as a director-owned independent firm with its head-office company incorporated in Ireland and a registered office in Luxembourg, while the executive team and the majority of operating employees are based in France through the Courbevoie entity. The French entity holds the AIFM authorisation from the Autorite des Marches Financiers granted in May 2021. Assets under management as of early 2024 are publicly disclosed at approximately €500 million across roughly 25 portfolio investments across Europe, with the firm's strategic partnership with Winda Energy representing a total phased investment programme of approximately €1 billion through 2024 to 2028.

Investment thesis

Conquest pursues a sustainable-infrastructure equity strategy concentrated on European energy transition real assets, with a stated mandate to invest in core-plus and value-added infrastructure positions usually at late stages of development, immediately prior to construction and throughout operations. Sector focus spans renewable power generation including utility-scale solar, onshore wind and distributed solar and onsite storage, battery and grid storage, transport, and digital infrastructure adjacent to the energy transition. The firm targets majority equity positions in core energy-transition assets that generate long-term contracted cash flows and provide an attractive risk-adjusted return alongside an annual cash yield from approximately year three of the holding period. Geographic scope is pan-European with disclosed concentration in France, Belgium, Denmark and Finland alongside additional development activity across Northern and Western European markets. Ticket sizes for individual asset acquisitions typically span €30 million to €150 million in equity per transaction.

Recent activity

Recent portfolio acquisitions include a 30 MW utility-scale solar park, Naessundvej, in Denmark in renewable power (2021), Boucl Energie, a French distributed solar and onsite-storage platform targeting 300 MW of commercial-and-industrial deployment in distributed renewable power (2024), a Belgian onshore wind portfolio generating approximately 110 GWh per annum in renewable power (2022), and a 182 MW Finnish onshore wind portfolio in renewable power (April 2024). No discrete exits have been publicly disclosed as of December 2024, consistent with the long-duration hold profile of an energy-transition infrastructure fund still in its primary deployment phase. Detailed buyer names and multiple data available on Pro at €49/month.