RSM Studio Palea Lauri Gerla assisted Sonnedix in the non-recourse refinancing of a portfolio of photovoltaic plants in Italy involving Banco Santander, ING Bank, Mediocredito Italiano and Natixis as financing banks. Our activity concerned the fiscal and corporate aspects of the transaction.
The total value of the loan amounts to Euro 201.6 million and includes a credit line available for debt service needs and a long-term credit line, already partly disbursed to refinance 41 photovoltaic plants, located in different Italian regions, with an installed capacity of 61.8 MWp.
Currently Sonnedix has more than 200 power generation plants, operational, under construction or in the early stages of design, in 8 countries around the world (Chile, France, Italy, Japan, Puerto Rico, South Africa, Spain and the United Kingdom).
Our firm assisted the client with a team composed of our partner Cristiano Lenti, assisted by Maria Luisa Appendino and Valentina Roma.