The wind farm consists of 22 wind turbines and can produce an average of 100 MWh of electricity per 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.
Gallo Due owns an operational 20.7 MW onshore wind farm in the municipality of Oppido Lucano in the southern region of Basilicata.
The ground-mounted photovoltaic project is currently under development in Sardinia and will have a total installed capacity of c. 30 MW upon completion.
The three year short-term loan will finance the development of a 600 MW portfolio of 14 photovoltaic projects in the Lazio, Tuscany and Apulia regions.
BEAR owns a circa 1 MW plant in the Italian province of Brescia producing electricity and heat from biogas.
WFW provided advice on the legal due diligence and all Italian law matters relating to the acquisition documents and completion of the transaction, including legal and corporate due diligence.
The agreement will lead to the joint development, alongside medium-to-small local construction businesses, of solar pipelines in Italy with a combined installed capacity of up to 100 MW.
The targets were two SPVs that own authorisations for the construction and installation of eight rooftop photovoltaic plants located in the Lombardy, Veneto, Lazio and Marche regions in Italy.
Renvico operates a wind portfolio with total installed capacity of 329 MW, including 187 MW located in France and 142 MW in Italy.