Bird & Bird has advised ForVEI II, a joint venture vehicle set up by Foresight and VEI Green, on its acquisition of 35 photovoltaic plants in Italy and Slovakia from the Origis Group. K&L Gates advised Origis on the deal, while Norton Rose Fulbright advised the financing banks, Deutsche Bank, Cooperatieve Rabobank U.A., and Landesbank Baden-Wurttemberg.
According to Bird & Bird, “as a result of the acquisition, ForVEI II's photovoltaic portfolio in Italy now includes 43 assets, with a total capacity of approx. 50 MW. The photovoltaic plants acquired in Italy are located in Abruzzo, Veneto, Puglia, Marche, Campania, and Sicily and became operational between 2009 and 2011.”
Bird & Bird’s team included, in Slovakia, Partner Ivan Sagal, and in Italy, Partners Pierpaolo Mastromarini and Simone Cadeddu, Counsel Maurizio Pinto, Senior Associates Daniele Pompei, Jacopo Nardelli, and Enrico Maria Curti, and Associates Vanessa Sebastianutti and Ludovica Lozzi.
The K&L Gates team was led by Partner Paolo Zamberletti and included Counsel Chiara Toccagni and Associates Francesco Peruffo, Martina Maggioni, and Francesco Seri.
The Norton Rose Fulbright team included Partners Gennaro Mazzuoccolo and Dirk Trauttman and Associates Francesco Bianco and Oliver Henningsmeier.