Watson Farley & Williams (“WFW“) advised Italian renewable energy holding company K.R.Energy S.p.A. (“K.R. Energy”) on the preliminary agreement for its sale of Idroelettrica Tosco Emiliana S.r.l. (“ITE”) to Energy Opportunity S.r.l.
ITE owns the Lucchio hydropower plant in the central Italian region of Tuscany as well as the Saltino site in Emilia-Romagna in the north east.
K.R.Energy is an Italy-based holding company engaged in the electric power industry. Through its subsidiaries and affiliated companies, it is active in the research, design, engineering and implementation of energy solutions, as well as production and marketing of energy from renewable sources. The company operates through a number of subsidiaries including Tolo Energia S.p.A.
The WFW Italy team advising K.R.Energy was led by Italy Practice Head and Partner Eugenio Tranchino, working closely with Partner Tiziana Manenti, Counsel Luca Sfrecola and Associates Cristina Betti, Gianluca Di Stefano and Giovanni Benedetto.
Molino Facchinelli Zerbini & Partners acted as financial advisor to K.R.Energy.