Idrolap and Simo Backed by Banco BPM in Major Hydro Financing
Deal News | Jan 02, 2025 | Finance Community IT - 1 Corporate M&A
The recent project financing operation led by Banco BPM supports Idrolap and Simo, subsidiaries within the Scotta Group, for the development of two hydroelectric plants. Arcus Financial Advisors played a critical role as the financial advisor for the operation, providing expert guidance through the efforts of key team members, including founding partner Stefano Cassella, senior partner Federico Mander, and director Stefania Gatti. The legal advisory services were furnished by CBA, which handled due diligence, contract negotiation, and documentation. Additionally, La Porta Notarial Studio contributed by managing the notarial processes. The project signifies significant progress for Scotta Group, known for its expertise in infrastructure relating to dams, galleries, and power plants, including both hydraulic and thermal installations.
Sectors
- Renewable Energy
- Financial Services
- Legal Services
Geography
- Italy – The companies involved, including Banco BPM, Idrolap, Simo, and Scotta Group, are based in Italy.
Industry
- Renewable Energy – The transaction involves financing for hydroelectric plants, which are part of the renewable energy sector.
- Financial Services – Banco BPM and Arcus Financial Advisors are involved in the financing and advisory roles, highlighting the financial services sector.
- Legal Services – Legal firms like CBA and La Porta Notarial Studio were involved in providing legal advisory and notarial services, emphasizing the legal services industry.
Financials
- – No specific financial figures are disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Idrolap | Target Company | Company | Subsidiary of Scotta Group involved in hydroelectric project financing. |
| Simo | Target Company | Company | Subsidiary of Scotta Group involved in hydroelectric project financing. |
| Banco BPM | Financier | Company | Italian bank providing project financing for the hydroelectric plants. |
| Arcus Financial Advisors | Financial Advisor | Company | Provided financial advisory for the hydroelectric projects, led by Stefano Cassella and his team. |
| CBA | Legal Advisor | Company | Managed the due diligence, finance documentation, and legal negotiations for Banco BPM. |
| La Porta Notarial Studio | Notary | Company | Handled the notarial activities for the project. |
| Stefano Cassella | Founding Partner | Person | Founding partner of Arcus Financial Advisors involved in the project. |
| Federico Mander | Senior Partner | Person | Senior partner at Arcus Financial Advisors involved in the project. |
| Stefania Gatti | Director | Person | Director at Arcus Financial Advisors involved in the project. |