Watson Farley & Williams (“WFW”) advised Hive Energy (“Hive”) and Sunleonard Energy (“Sunleonard”) on the sale of two ready-to-build Italian solar projects to Encavis AG (“Encavis”).
The two projects will be installed on single-axis trackers and have a combined total generation capacity of 18.4 MW, with a production of around 28 GWh of green electricity per year. Their construction, which has been entrusted to Ethical Power Limited, is scheduled to be completed by the end of 2025.
Led in Italy by Country Manager Stefano Salerno, Hive Energy is a leading UK-based renewable energy company specialising in the development and management of solar projects globally. It is committed to promoting innovative energy solutions and reducing environmental impact through the use of advanced technology. Encavis is one of Europe’s leading renewable energy companies, specialising in the acquisition and operation of solar and wind power plants. With extensive experience and a diversified portfolio, the company contributes significantly to the energy transition towards renewable sources in Europe.
The WFW Energy team that advised Hive and Sunleonard was led by Partner Luca Sfrecola and Of Counsel Antonio Biasi, supported by Associates Francesco Vanzaghi and Antimo Nersita.
Clifford Chance advised Encavis.
