PedersoliGattai Supports Banks in Project Financing for Biocircular
Deal News | Nov 19, 2024 | PedersoliGattai
PedersoliGattai, a legal advisory firm, assisted several Italian cooperative banks in a project financing operation aimed at Biocircular Srl. This company, collaborated on by Gruppo Amadori, Ayrion, and CAB Campiano, has embarked on an initiative to construct a biogas plant with an anticipated production capacity of 500 standard cubic meters per hour. The project, arranged by Credito Cooperativo Romagnolo and with BCC Banca Iccrea acting as the arranging bank, involves a financial package to cover part of the construction costs of this biomethane faciliity located in the Ravenna province. PedersoliGattai's legal team, led by partner Nicola Gaglione and supported by counsel Marco Moscatelli, drafted and negotiated the necessary financial documentation. The team also included senior associates Eleonora Banfi, Angelo Fabris, and associate Francesco Pasetto. Partner Sergio Fienga, and associate Jaime Guiso Gallisai contributed to aspects concerning administrative law.
Sectors
- Renewable Energy
- Financial Services
- Legal Services
Geography
- Italy – The project financing and involved companies such as Biocircular Srl and the banks are based in Italy, with the project located in the Ravenna province.
Industry
- Renewable Energy – The article involves the construction of a biogas plant, which falls under the renewable energy sector.
- Financial Services – Project financing is a financial service provided by banks to facilitate large projects such as energy infrastructure.
- Legal Services – PedersoliGattai's involvement as a legal advisor highlights the legal services industry.
Financials
- – The specific financial terms of the project financing were not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| PedersoliGattai | Legal Advisor | Company | A legal firm providing advisory services in the drafting and negotiation of financial documentation for the project. |
| Biocircular Srl | Target Company | Company | A special-purpose entity engaged in the biogas plant project. |
| BCC Banca Iccrea | Arranging Bank | Company | An Italian cooperative bank involved in arranging the project financing. |
| Credito Cooperativo Romagnolo | Bidding Company | Company | Originated the project financing operation. |
| La BCC Ravennate Forlivese Imolese | Other Bank | Company | A cooperative bank participating in the financial arrangement. |
| Credito Cooperativo Romagnolo | Other Bank | Company | A cooperative bank participating in the financial arrangement. |
| Emilbanca | Other Bank | Company | A cooperative bank participating in the financial arrangement. |
| Gruppo Amadori | Participating Entity | Company | One of the entities involved in Biocircular Srl. |
| Ayrion | Participating Entity | Company | One of the entities involved in Biocircular Srl. |
| CAB Campiano | Participating Entity | Company | One of the entities involved in Biocircular Srl. |