Glennmont €416 million acquisition of 245MW wind farm portfolio

17/6/2016

Public acquisition

Value:

€ 416 million

Dollar value:

$ 467.982 million

Status:

Completed

Date:

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:

Chiomenti

Party: Iberdrola (Seller)

Lawyer: Carola Antonini

Orrick Herrington & Sutcliffe

Party: Glennmont Partners (Acquirer)

Lawyer: Carlo Montella

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