Practice Areas - Project Finance and Infrastructure Law Firms and Lawyers
| Deal Date: | 04-02-2011 | Practice Area: | Project Finance and Infrastructure |
| Deal Title: | Sumitomo acquisition of Solarstrom 10 PV Solar Parks | Industry: | Alternative Energy |
| Description: |
International legal practice Norton Rose Studio Legale has advised Sumitomo Corporation on the acquisition of 85 percent stakes in two Italian solar power subsidiaries of German-based S.A.G. Solarstrom. As a result of an agreement signed on 3 February 2011, the Japanese-based trading conglomerate will own 10 PV solar parks located in southern Italy having total capacity generation of 9,700kw.
The Norton Rose Studio Legale team was led by Milan-based partner Gennaro Mazzuoccolo, assisted by of counsel Andrea Sassi, senior associate Chiara Toccagni and trainee Luigia Bersani. The sellers were advised by Derra, Meyer & Partner.
|
||
| Financial Center: | Milan | Value: | 100.01-500.00 |
| Advised Party: | Purchaser | Law Firm | Norton Rose Fulbright |
| Assets Jurisdiction | Italy | Purchaser Jurisdiction | Japan |
| Classification: |
Transfer of Infrastructure Assets Renewable Energy Assets |
Lawyer | Gennaro Mazzuoccolo |
