Watson Farley & Williams (“WFW”) advised Fergas Solar S.r.l. (“Fergas”) on the sale of 100% of its capital to Acea S.p.A. (“Acea”).
Headquartered in Turin, Fergas is the owner of a single authorisation for the construction of a solar plant in Basilicata with a capacity of 20MW.
Listed on the Italian Stock Exchange since 1999, ACEA is a leading multi-utility company active in the management and development of networks and services in the water, energy and environmental sectors.
The WFW Italy team advising Fergas was led by Partner and WFW Italy Head Eugenio Tranchino, assisted by Counsel Luca Sfrecola and Associate Giovanni Benedetto. Partner Tiziana Manenti advised on due diligence activity.
Orrick advised Acea.