Ardian, the independent private investment company, has announced the acquisition of the remaining stake in TRE Solar (35%) from Tozzi Green.
Energy Finance & Investment News in Italy
Building Energy has signed a purchase agreement to acquire 4energia, an independent energy trader founded to buy electric power from small and medium scale plants for energy producers in Italy.
Italy-based Tages Capital, through Tages Helios Fund, and Delos Power, a JV between Tages Capital and Renam has announced the refinancing of the whole portfolio of solar plants acquired from First Reserve.
The African Development Bank (AfDB) has announced it has approved a financing package of US$100 million, comprising US$50 million equity and US$50 million convertible senior loan, to seed the Facility for Energy Inclusion (FEI), a pan-African renewable energy debt fund.
Sonnedix has announced the completion of the non-recourse refinancing of a portfolio of photovoltaic plants in Italy with a total installed capacity of 66.3MW at a total value of €197.1 million.
Mirova, the Natixis Asset Management’s subsidiary, has announced that Mirova Core Infrastructure Fund (MCIF) has completed the acquisition of a majority stake (85%) in the Italian concession company Aton per il Progetto S.r.l. (Aton).
Etrion Corporation, a solar independent power producer, has announced the signing of a definitive sale and purchase agreement with Ultor S.p.A, a joint venture owned equally by Enel Green Power S.p.A. and Fondo Italiano per le Infrastrutture (F2i).
BPER Banca and MPS Capital Services Banca per le Imprese S.p.A. have provided €16 million (US$17 million) project financing for the construction and management of a portfolio of four hydroelectric plants with the total capacity of circa 7.5 MW.
Glennmont Partners, an infrastructure investment manager dedicated to European clean energy, has completed the financing of one of the largest single wind farms in Italy.
MPS Capital Services and UniCredit have purchased minority stakes in the €60 million (US$66 million) financing granted to Daunia Ascoli S.r.l. as borrower by a syndicate of banks in relation to a 53.5 MW wind farm in Ascoli Satriano, Italy.
Banca Popolare di Milano (BPM), Italy’s second largest co-operative bank, has financed two biogas plants owned by Fri-El Group, an Italian electrical energy producer from renewable sources.
EOS Investment Management (EOS IM) has signed with Intesa Sanpaolo a medium to long-term agreement to finance part of the portfolio of the fund Efesto Energy, managed by EOS IM.
The SUSI Renewable Energy Fund II (SUSI RE II) has reached final closing at €380 million (US$425.5 million).
FRI-EL Green Power has submit a bid for a 29.9% stake of Alerion Clean Power, a company listed on the Italian Stock Exchange and specialized in the production of electricity from renewable sources, particularly in the wind sector.
Trading Emissions PLC has announced the sale of a portion of its Italian solar portfolio.
Quercus, through its subsidiary Lux Renewable Holdings SA, has supported the construction of a PV plant in Italia.
Tages Capital SGR has announced that Tages Helios Fund has signed an agreement for the acquisition of the Italian solar PV assets of SunReserve from First Reserve Infrastructure.
Quercus Assets Selection and Swiss Life Asset Managers have announced the acquisition of two ground-mounted solar PV plants with a capacity of 6.5 MW and 0.77 MW respectively, located in the Molise Region, Italy.
Capital Stage, an independent solar park operator listed on the SDAX of the Deutsche Börse, has acquires two solar parks with a total capacity of 11 MW in the Piedmont region of northern Italy from an industrial group.
International law firm Watson Farley & Williams (WFW) has advised Intesa Sanpaolo, acting as lender and agent, on the €42 million (US$46.4 million) financial restructuring of six special purpose vehicles (SPVs), as well as Banco di Napoli also, acting as lender, on three of the aforementioned restructurings.