Watson Farley & Williams (“WFW”) has advised Italian energy developer GEMdev S.r.l. (“GEM”) on its sale of a 70% stake in itself to Juwi Italia.
GEM is a leading developer of electricity plants powered from both renewable (especially greenfield photovoltaic projects) and conventional sources, with a pipeline circa 700 MW renewable projects. Juwi is one of the leading specialists for renewable energy operating in Italy, Europe, Asia and North America.
Juwi were advised by Gitti and Partners.