Free To X: Aspi e Renault Invest in E-Mobility Venture
Deal News | Jan 14, 2025 | Legal Community Italy
Free To X, the e-mobility subsidiary of Autostrade per l'Italia (Aspi), has entered into a strategic investment agreement with Renault Group. This venture is aimed at enhancing the growth and development of Free to X in line with electrification and energy transition guidelines. Aspi will retain control over freeway-based charging infrastructures, while Renault will handle those outside highway zones. Legal support was provided by Gatti Pavesi Bianchi Ludovici for Aspi and Legance for Renault, with comprehensive teams handling regulatory, financial, antitrust, and energy aspects. This agreement marks a significant collaboration in promoting sustainable infrastructure within the e-mobility industry.
Sectors
- E-mobility
- Legal Services
- Infrastructure
Geography
- Italy – Autostrade per l'Italia and Free To X are Italian entities, making Italy the central geography of the investment and deployment of infrastructure.
- France – The Renault Group, a French company, plays a major role in the investment agreement, introducing a cross-border element.
Industry
- E-mobility – The sector focuses on electric mobility solutions, which is central to the collaboration between Free To X and Renault aimed at advancing charging infrastructure.
- Legal Services – The involvement of Gatti Pavesi Bianchi Ludovici and Legance highlights the importance of legal advisory in the agreement.
- Infrastructure – Pertains to the development and management of charging infrastructures as part of the e-mobility initiative.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Free To X | Target Company | Company | An e-mobility company under Aspi focusing on charging infrastructure. |
| Autostrade per l'Italia (Aspi) | Selling Company | Company | An Italian company controlling freeway-related infrastructure and parent to Free To X. |
| Renault Group | Bidding Company | Company | A French automotive group investing in Free To X for e-mobility expansion. |
| Gatti Pavesi Bianchi Ludovici | Legal Advisor for Aspi and Free To X | Company | Provided legal advice on corporate, contractual, and M&A matters. |
| Legance | Legal Advisor for Renault | Company | Provided multidisciplinary legal support to Renault in the agreement. |