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Norton Rose Fulbright, BonelliErede and Pavia e Ansaldo in the re-financing of a portfolio of photovoltaic plants of ContourGlobal


Milan, 23 December, 2021 – Norton Rose Fulbright assisted the financing banks Crédit Agricole CIB, as mandated lead arranger, bookrunner, original lender and green loan coordinator, and Intesa Sanpaolo – Divisione IMI CIB, as mandated lead arranger, bookrunner, original lender and agent, in the context of the refinancing transaction for 47,2 million euros of a portfolio of 24 photovoltaic plants, with a total power of 18,3 MWp, acquired from ContourGlobal Horus (member of the CG group) assisted by BonelliErede. It is the first green loan project financing executed in Italy by ContourGlobal.


ContourGlobal is a British energy company, listed on the premium segment of the London Stock Exchange. It has been operating in Italy for more than 10 years, and owns generation plants for over 4.8 GW in 18 Countries.


The team of Norton Rose Fulbright, which assisted the financing banks as for the drafting, negotiation, finalization and execution of the whole financing documentation of the transaction, was led by the partner Arturo Sferruzza, head of the departments of banking and energy of the firm, and by the counsel Elisabetta Negrini, assisted by the counsel Ginevra Biadico, for administrative law aspects, by the associates Federica Desiderato and Giulio Mariano and by the trainees Andrei Avram, Anna Zanoni and Alice Bixio.


In the transaction BonelliErede supported the inhouse team of ContourGlobal, composed by Nerina Russo and Chiara Cavallaro, managing the revision, negotiation and finalization of the financial documentation with a team led by the partner Gabriele Malgeri, member of the focus team Energy & Ecological Transition, supported by the associate Lisa Borelli and by the associate Luigi Mazzola. BonelliErede, had also assisted ContourGlobal in the activity for the acquisition of such portfolio of photovoltaic plants, with a team lead by the partner Elena Busson, another member of the focus team Energy & Ecological Transition. All administrative law profiles were managed by the senior counsel Giovanna Zagaria and by the associate Giulia Pandimiglio.


Pavia e Ansaldo assisted ContourGlobal Horus for all accounting and tax aspects of the transaction, with a team made up by the professionals Teodoro Malquori and Mario Nunziata.


All notarial aspects of the transaction were managed by notary Matteo Romano of La Porta firm.