PedersoliGattai Navigates Project Financing Deal for Fri-El Solar
Deal News | Nov 06, 2024 | PedersoliGattai
PedersoliGattai has successfully advised BPER's Corporate & Investment Banking division in securing project financing for Fri-El Solar Srl, a sub-holding of the Alerion Group. The funding is intended to cover part of the construction costs of a new photovoltaic park in Grottole, Italy, boasting a capacity of approximately 16MW. This deal underscores the bank's commitment to investing in renewable energy projects. The PedersoliGattai team, led by partner Nicola Gaglione, played a crucial role in legal due diligence and financial documentation. This collaboration highlights the ongoing investment trend in sustainable energy infrastructure in Italy.
Sectors
- Renewable Energy
- Corporate Finance
- Legal Services
Geography
- Italy – The project is located in Italy and involves Italian companies.
Industry
- Renewable Energy – The transaction involves financing a photovoltaic park, indicative of investment in the renewable energy sector.
- Corporate Finance – Involves project financing services provided by BPER's Corporate & Investment Banking division.
- Legal Services – PedersoliGattai provided legal advisory services for the transaction.
Financials
- Not specified – The amount related to the financing of the photovoltaic park construction costs is not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| PedersoliGattai | Legal Advisor | Company | A law firm that advised on the legal aspects of the project financing. |
| BPER | Lender, Agent, Structuring Mandated Lead Arranger | Company | Corporate & Investment Banking division involved in providing project financing. |
| Fri-El Solar Srl | Target Company | Company | A sub-holding of the Alerion group, specializing in photovoltaic plants. |
| Alerion Group | Parent Company | Company | The parent group of Fri-El Solar, involved in renewable energy projects. |
| Nicola Gaglione | Partner, Legal Advisor | Person | Lead lawyer from PedersoliGattai's team for the transaction. |
| Eleonora Banfi | Senior Associate | Person | Part of PedersoliGattai's team involved in the transaction. |
| Micaela Tinti | Senior Counsel, Administrative Law | Person | Handled administrative law matters for the project. |
| Maria Adelaide Del Console | Associate | Person | Associate in PedersoliGattai's team during the transaction. |