WFW advises SERI on the sale of ITE to Serenissima
Watson Farley & Williams (WFW) advised Seri Industrial S.p.A., through its subsidiary Tolo Energia S.r.l., on the sale of Idroelettrica Tosco Emiliana S.r.l. (ITE) to Serenissima SGR S.p.A.
ITE owns the Lucchio hydropower plant in the central Italian region of Tuscany as well as the Saltino site in Emilia-Romagna in the north east. The plants have a total installed capacity of 4 MW.
Serenissima SGR S.p.A. is an asset management company based in Verona, promoting and managing closed-end investment funds.
The WFW Italy team advising Seri was led by Partner and WFW Italy Head Eugenio Tranchino assisted by Counsel Luca Sfrecola and Associate Giovanni Benedetto. Partner Tiziana Manenti advised on the administrative law aspects of the transaction,
Molino Facchinelli Zerbini & Partners acted as financial advisor to the transaction.
Country updates
-
-
January 13, 2019
Octopus, EGO signs PPA deal for the 63 MW solar PV portfolio in Italy
Octopus Investment has signed a power purchase agreement (PPA) deal with EGO Group with its 63 MW portfolio of solar photovoltaic projects located in Italy. The subsidy-free solar parks ar...
Read more -
January 11, 2019
ERG acquires a 78.5% stake in two photovoltaic plants
ERG, through its subsidiary ERG Power Generation S.p.A., has signed an agreement with Soles Montalto GmbH, an investment fund managed by AREAM group - European Asset Manager in the renewables sector &...
Read more -
January 02, 2019
Tages in exclusive talks to acquire Glennmont's Italian solar plants
Glennmont Partners has entered into agreements to sell three operational, ground-mounted solar PV projects located in Veneto and Lazio, Italy, totaling 85.4MW, to Tages Capital. The three solar PV pr...
Read more -
December 28, 2018
Vestas signs supply contract for 32 MW wind project in Italy
Vestas has signed a 32 MW contract for the extension of the Ulassai wind park in Italy. The order is placed by Sardeolica and includes the supply and installation of nine V117-3.45 MW turbines deliver...
Read more -
December 21, 2018
Enel Green Power sells 50% share in joint venture EF Solare Italia to F2i
Enel, through its subsidiary Enel Green Power, has sold its 50% stake in the joint venture EF Solare Italia, held through EGP fully-owned company Marte S.r.l., for an equity consideration of EUR214 mi...
Read more
