WFW advises Encavis on acquisition of 30 MW Italian solar project10 January 2024
The project will generate around 42 GW per year and will be managed by Stern Energy
The project will generate around 42 GW per year and will be managed by Stern Energy
The portfolio comprises a total of nine wind parks and two solar parks.
The financing will be used to develop a 40 MW portfolio of ready-to-build projects.
The transaction marks a key step in PSL’s aim to reach 5 GW of renewable capacity across Europe by 2026.
The portfolio comprises four PV projects in Italy, three in Spain and one in Germany.
The two plants are estimated to be operational by 2025 and will have a capacity of circa 20.4 MW and 51.2 MW.
The Italian government has announced new measures on the procedure for drilling to secure the long-term supply of domestically produced natural gas initiated in its new Aiuti quater Decree.
Watson Farley & Williams has advised Iberdrola Renovables Italia S.p.A. on the preparation and negotiation of an investment agreement, including related services and shareholder agreements, to establish iCube Renewables, a joint venture with Innovo Group S.r.l., for the development of renewable energy projects in Italy including photovoltaic plants, wind farms and battery storage facilities.
Both projects are located within Italy’s maritime exclusive economic zone.
The portfolio comprises three under-development ground-mounted photovoltaic projects to be built in the Tuscany and Sicily regions.
Located in the south of Italy, the plants produce of approximately 50 GW of energy a year.
Watson Farley & Williams has advised Blue Elephant Energy AG on its acquisition, via its subsidiary BEE Piemonte S.r.l, of a 4 MW portfolio comprising six solar PV plants located in Piedmont in northern Italy.