Consortium of Italian banks provide €995m for F2i to acquire 333MW portfolio from RTR

10/10/2018 09:34 Solar

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A consortium of banks has provided €995m to finance the acquisition by F2i of a 333MW portfolio of solar farms in Italy from RTR.

The banks included Banca IMI, Credit Agricole Corporate and Investment Bank, ING, BBVA, Societe Generale, BNP Paribas, UBI, Banco BPM and Cassa Depositi e Prestiti.

 

International law firm Ashurst advised the lenders. The Ashurst team was led by partner Carloandrea Meacci, supported by associates Nicola Toscana and Paolo Gallara and counsel Fabio Balza.

Source: renews.biz

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15/11/2018 11:36:00

Oil prices surged on Wednesday, recovering from recent lows as OPEC partners are focusing on output cuts in order to support the market. Nevertheless, gains were still limited by the escalating trade war between the worlds’ biggest economies — U.S. and China. Both Brent crude and WTI rose 1% to settle at $66.12 and at $56.25 a barrel respectively.

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Bad luck and the spectre of power cuts this winter is back!

15/11/2018 09:01:00

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Spain's power 100% renewable in 2050 as part of draft climate law

15/11/2018 08:50:00

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