Advising Otrera New Energy for its fundraising round
Reinhart Marville Torre advised Otrera New Energy on its €17 million fundraising round, carried out with institutional and industrial investors, including Normandie Participations, Exergon, EDF and Onet.
Otrera New Energy: a French deeptech company spun off from the CEA
Founded in 2024, based in Aix-en-Provence and spun off from the CEA, Otrera New Energy is a French deeptech company specializing in the development of fourth-generation modular nuclear reactors using sodium-cooled fast neutrons.
A fundraising round supporting an ambitious industrial project
This new transaction will enable the company to enter a structuring phase of its development and to prepare the industrial setup of its future production site. Otrera New Energy has notably announced its plan to establish operations near Cherbourg-en-Cotentin, with a facility dedicated to the manufacturing and assembly of critical components for fourth-generation nuclear reactors.
The Reinhart Marville Torre team advising Otrera New Energy on the legal aspects of the transaction included Laurent Marville, partner, Vincent Collas, counsel, and Mathilde Gouiran and Walid Bourahtouf, associates.
EDF was advised by Mayer Brown.
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