IFLR1000

Glennmont €416 million acquisition of 245MW wind farm portfolio

17/6/2016
Public acquisition
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€ 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:
Chiomenti

Party: Iberdrola (Seller)

Lawyer: Carola Antonini

Orrick Herrington & Sutcliffe

Party: Glennmont Partners (Acquirer)

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