Glennmont €416 million acquisition of 245MW wind farm portfolio

17/6/2016
Public acquisition

€ 416 million

$ 467.982 million

Completed

17/6/2016


Overview:

  • Glennmont Partners has acquired a portfolio of wind farms with a generating capacity of 245MW from Iberdrola for €416 million.
  • The transaction saw Glennmont acquire stakes in holding companies SER and SER1, which own the wind  farms.
  • Bonelli Erede Papparlardo advised the lenders

Sam Duke - Editor

Jurisdiction:

Italy

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Energy


Firms:

Party: Iberdrola (Seller)

Lawyer: Carola Antonini


Party: Glennmont Partners (Acquirer)

Lawyer: Carlo Montella