WFW advises Sonnedix on innovative €500m loan facility13 December 2023
Watson Farley & Williams has advised Sonnedix on the signing of an innovative €500m loan facility to finance the construction of its renewable development pipeline.
Watson Farley & Williams has advised Sonnedix on the signing of an innovative €500m loan facility to finance the construction of its renewable development pipeline.
Located in Foggia in the southern region of Apulia, the 13 MW plant produces electric and thermal energy from biomass.
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 10-year financing structured as a sustainability-linked loan is part of SACE’s Push Strategy programme and aims to increase business opportunities for Italian exporters.
The portfolio comprises six solar PV parks located in Piedmont in northern Italy.
The loan will be used to roll-out of the 216 MW portfolio which includes both rooftop and a smaller number of ground mounted plants.
Pietro Fiorentini’s smart software, equipment and components will be supplied to Uzbek contractor company Texnopark, who will produce smart meters for measuring natural gas to Hudugazta’minot.
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.
We advised BPER Banca S.p.A. on the circa €12m refinancing, on a project financing basis, of a loan granted to Italian project company N.O.V. S.r. for the construction of new hospital pavilion, ancillary building works and the Canal al Pianto guesthouse at the SS. Giovanni e Paolo hospital in Venice.
The new facility will include over 2,400 stores, restaurants and food courts, bulk-breaking areas, waste-separation docks, administrative offices and public facilities.
The financing concerns a loan granted to S.EN.AL.PA. for the construction of new technology hubs at the Camposampiero and Cittadella hospitals in Padua, Veneto, Italy.