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WFW advises Schroders’ fund Mid Infra on purchase of minority stake in Gallo Due16 May 2022

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Watson Farley & Williams (“WFW”) has advised Mid Infra S.L.P. (“Mid Infra”), a fund managed by Schroders Capital (“Schroders”), on its purchase from Belenergia S.A. of a 49% stake in renewable energy company Gallo Due S.r.l. (“Gallo Due”) and entry into the relevant shareholder agreements.

Gallo Due owns an operational 20.7 MW onshore wind farm in the municipality of Oppido Lucano in the southern region of Basilicata.

Schroders is a world-class asset manager operating from 37 locations across Europe, the Americas, Asia, the Middle East and Africa.

The WFW Energy Italy team that advised Mid Infra on all corporate and M&A matters regarding the transaction was led by Italy Head and Partner Eugenio Tranchino and Counsel Luca Sfrecola, assisted by Associate Giovanni Benedetto. Administrative Law Partner Tiziana Manenti provided advice on the due diligence process, assisted by Senior Associates Cristina Betti and Anthony Bellacci, and Associates Antimo Nersita and Sonia Basso.

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