International law firm Watson Farley & Williams has advised UniCredit S.p.A. on the financing of a 54 MW wind plant located in Grottole Municipality, in the Basilicata region of Italy.
The plant has benefited from a structured financing on project financing bases for a maximum amount of €40 million (US$46.9 million).
The plant is owned by an SPV of Fri-El Group, one of Italy’s leading green energy company, active in the Italian wind sector since 2002.
UniCredit is a major Italian global banking and financial services company.