Tayan is a joint venture between Shanghai Electric, a global leader in the energy sector and Eland, a well-established European solar company.
WFW advises RGreen Invest on financing of equity portion connected to first grid parity onshore wind project in Italy
The non-convertible fixed rate bond, consisting of dematerialised bonds, will be used to finance the Casalduni wind park, with a total capacity of 36 MW.
The portfolio comprises five SPVs that own seven operational plants across Italy, including in the regions of Puglia, Lazio, Sicily, Marche and Abruzzo.
The financing comprises two medium to long-term credit lines and a debt service reserve (DSR) line
The portfolio, located in the Marche and Abruzzo regions, comprises 15 operational plants.
The plants, with a total capacity of 64 MW, are the first project of this size with grid parity in Italy and among the largest power plants in Europe.
WFW advises Saffron Energy on Italian oil & gas portfolio acquisitions and institutional cornerstone investment and placing to raise £14m
Saffron Energy will continue to develop its Italian assets after its re-admission to AIM following completion of the proposed acquisitions.
The plant is owned by an SPV of Fri-El Group, one of Italy’s leading green energy company, active in the Italian wind sector since 2002.
The plant, which is owned by Agritre S.r.l., is one of the largest operational biomass plants currently active in Italy.