PedersoliGattai Assists Fri-El Solar in Major Project Financing Deal

Deal News | Nov 06, 2024 | PedersoliGattai

PedersoliGattai has been engaged in a pivotal role to support Fri-El Solar Srl, a subholding of the Alerion Group, specialized in developing photovoltaic plants. The legal advisor assisted BPER's Corporate & Investment Banking division in providing project financing, acting as the financing bank and structuring lead arranger for Fri-El Solar. The financial operation aims to cover part of the costs for a solar park, projected to produce 16 megawatts of electricity, in Grottole. Leading this advisory was Nicola Gaglione, a partner at PedersoliGattai, supported by senior associate Eleonora Banfi and senior counsel Micaela Tinti, along with associate Maria Adelaide Del Console, focusing on administrative law aspects.

Sectors

  • Renewable Energy
  • Corporate Finance
  • Legal Advisory

Geography

  • Italy – The operations described in the article are taking place in Grottole, Italy, and involve Italian entities.

Industry

  • Renewable Energy – The article focuses on a financing operation for the development of a photovoltaic plant, indicating the renewable energy sector.
  • Corporate Finance – The project financing arrangement and the role of the bank indicate activities in the corporate finance sector.
  • Legal Advisory – Involvement of legal advisors from PedersoliGattai highlights the legal advisory industry's role in structuring and negotiating financing documentation.

Financials

  • – The article does not provide specific financial figures such as deal price or financing amount.

Participants

NameRoleTypeDescription
PedersoliGattaiLegal AdvisorCompanyA legal firm providing advisory services in the project financing for Fri-El Solar.
BPER Corporate & Investment BankingFinancing Bank and Structuring Lead ArrangerCompanyProvided project financing and acted as structuring lead arranger for Fri-El Solar's project.
Fri-El Solar SrlTarget CompanyCompanyA subholding of Alerion Group focused on developing photovoltaic plants.
Alerion GroupParent CompanyCompanyParent group of Fri-El Solar, invested in renewable energy projects.
Nicola GaglionePartnerPersonLed the legal advisory team from PedersoliGattai.