Nordic Solar Energy A/S’ €23 Million Portfolio Financing

Watson Farley & Williams advised on the deal.

The facility was granted by a consortium of lenders comprising Iccrea BancaImpresa S.p.A., acting as arranger, agent and leading bank, and Medio Credito Trentino-Alto Adige, acting as lender.

The portfolio, acquired in late 2018 from Sella Invest, comprises 14 rooftop and ground-mounted PV plants which aim at the production and transfer of electrical energy, located in the Italian Provinces of Pordenone, Genoa, Siena, Latina, Rome and Teramo.

Privately owned Nordic Solar Energy A/S is a Copenhagen-based leading energy company which owns and manages an expanding portfolio of solar PV plants in Germany, Spain, Italy, Belgium, the UK, France, Portugal, Denmark and Poland for an overall portfolio size of 144 MW.

The WFW Italy Finance team advising Nordic Solar Energy was led by Partner Mario D’Ovidio (Picture) and Counsel Luca Sfrecola, assisted by Associates Giovanni Benedetto, Amelia Garavaglia, and Trainee Daniele Sani.

Involved fees earner: Giovanni Benedetto – Watson Farley & Williams; Mario D’Ovidio – Watson Farley & Williams; Amelia Garavaglia – Watson Farley & Williams; Luca Sfrecola – Watson Farley & Williams;

Law Firms: Watson Farley & Williams;

Clients: Nordic Solar Energy A/S;

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