This transaction will launch a new company – Italy’s third largest operator in the renewable energy sector – with an installed power capacity of approximately 600 MW.
F2i – Fondi italiani per le infrastrutture – the asset management company specialised in infrastructure investments and managed by Renato Ravanelli – announced the closing on November 4th of the transaction for launching Italy’s third largest operator in the renewable energy sector.
The transfer of shares among F2i, Edison and EDF Energies Nouvelles was completed as required by the agreement, announced at the end of July with the objective to launch Italy’s third largest renewable energy operator with a total installed capacity of approximately 600 MW – mainly wind energy.
The recently finalised agreement provides for the creation of a new company with a shareholdership composed by F2i (with a 70% share), and by a holding company owned by Edison and EDF Energies Nouvelles controlling the remaining 30% share. In parallel, a management company will be responsible for the operation and maintenance services of the new energy hub.
Thanks to this transaction, F2i, advised by Studio Chiomenti, Fichtner, Banca IMI, KPMG and Marsh, strengthens its position in the renewable energy sector, where it already operates through the participated companies Alerion and HFV in wind energy and photovoltaics.
F2i’s press release on the transaction closing is available at:
http://www.f2isgr.it/en/allegati/comunicati_stampa/F2i_CS71_Closing_Edison_ENG.pdf
Corrado Santini 