Orrick Advised iCON Infrastructure on Inclusion of Public Lighting Activities in JV with EGEA Group

January.30.2020

Orrick assisted iCON Infrastructure, an independent investment fund with more than €2.5 billion in assets primarily used for infrastructure investments, in strengthening its existing joint venture with the EGEA Group through the inclusion of public lighting activities.

Based in Alba, EGEA is a leading Italian multi-utility company operating in the energy and environment sectors, with a focus on the supply of "tailor-made" services in provincial areas to private individuals and Public Administrations. Strategic for the development of EGEA is the public lighting sector, which enables communities to take advantage of the best technological innovations, energy efficiency and functional efficiency of lighting systems in a smart way, giving the community more safety and more savings.

Orrick assisted iCON Infrastructure in due diligence activities on the invested assets, as well as in the negotiation and preparation of the contractual documentation relating to the terms and conditions of the transaction.

The Orrick team was led by Carlo Montella and included Andrea Gentili, Marcello Montresor and Jacopo Giansante.