Orrick Advises Sonnedix in Acquisition of Italian PV Plant Portfolio

March.30.2017

Orrick’s Italian energy team advised Sonnedix in its acquisition of a 21.6MW Grape Portfolio from private equity and infrastructure investment firm First Reserve.

Comprised of five, ground-mounted solar PV plants located in Apulia and Lazio, the portfolio acquisition is the latest move by Sonnedix to deepen its Italian presence and demonstrate its long-term commitment to the regional market. The deal also brings Sonnedix’s total PV capacity to over 100MW, allowing the company to utilize economies of scale as it continues to grow.

The Orrick team that advised Sonnedix was led by Carlo Montella and included Cristina Martorana, Andrea Gentili, Pina Lombardi and Ignazio D’Andria.