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News
17 May 2018

L&B Partners financial advisor of the israeli Ellomay Group

L&B Partners assists Ellomay Group in the structuring with Intesa Sanpaolo Group of a multi-borrowers project financing for total Eur 35.9 Mln

L&B Partners S.p.a. with the partner Rocco Giorgio assisted by Sveva Iermano (Vice President) acted as financial advisor of the Israeli listed Group Ellomay Capital Ltd in the structuring of a multi-borrower project financing with Mediocredito Italiano S.p.A. and Intesa Sanpaolo S.p.A. for a total amount equal to Euro 35,900,000.00 in favour of 5 photovoltaic companies controlled by Ellomay Group and owning 6 photovoltaic plants in Italy for total 17.3 MW.

The Sponsor has been assisted for the legal aspects by Orrick with a team managed by the partner Carlo Montella, assisted by the of counsel Andrea Gentili and Pina Lombardi (the latter for the administrative law topics), as well as by the associate Simonetta Formentini, together with Ignazio D’Andria and Alberto Tedeschi.

Mediocredito Italiano S.p.A. and Intesa Sanpaolo S.p.A. have been assisted for the legal aspects by Grimaldi Studio Legale with a multidisciplinary team coordinated by the managing partner Francesco Sciaudone and composed, for the financing part, by Giuseppe Buono (senior associate) also as project manager and by Irene Amodeo (associate).