EU Commission Ceases Trade Defense Measures on Solar Panels From China
Carlo is a partner at Orrick and global Deputy Business Unit Leader of the Energy and Infrastructure practice. He is a transactional lawyer with extensive experience in project development, asset acquisitions and financings in the energy and infrastructure sectors.
Carlo has strong expertise and consolidated background in assisting international sponsors, multinational energy companies, large private equity funds, project developers, borrowers and debt issuers, investment banks and other capital providers and investors who value his contribution thanks to his vast experience, practical know how and willingness to go the extra mile for his client. Carlo regularly advises on energy sector mergers, acquisitions, joint ventures, development, structuring and financing of large-scale energy and infrastructure projects, both in Italy and internationally (including UK and Eastern European countries).
He has a significant experience in the electric power sector, wind, solar, biomass, geothermal and other renewable energy projects and has also represented clients in transactions involving electric power and natural gas transmission.
Sonnedix on the acquisition, from Graziella Green Power S.p.A., of a portfolio of 28 plants with a total capacity of approximately 53 MWp.
Canadian Solar Inc., one of the world's largest solar power companies, in a 10-year PPA with TrailStone GmbH, a global commodities trader and an investor in strategic commodity assets, for the electricity produced by a 17.6 MWp solar PV plant portfolio in Sicily to be realized in market parity without any FiT or other governmental incentive. The portfolio is jointly owned by Canadian Solar and Manni Energy, a renewable energy company devoted to engineering, O&M services and energy efficiency and part of Manni Group, which will also provide turnkey EPC services for the project. The PPA will cover 100% of the electricity generated by the portfolio, is believed to be the longest-term PPA for a fully unsubsidized solar PV portfolio signed to date in Italy and provides stable and predictable power sales revenues via a fixed price floor but also higher generation-weighted power prices due to an upside-sharing mechanism.