Andrea Gentili

Co-Founder and Deputy Managing Partner
Project Development and M&A

Notable Experience

Representative transactions Andrea has recently advised include assistance to:

Qualitas Energy in the in the establishment of a JV with Mirova for the development, construction, and management of a 250 MW portfolio of renewable energy projects in Italy.

Matrix Renewables, the TPG Rise-backed renewable energy platform, in:

• obtaining a €40 million financing for the construction, development and operation of 6 PV plants with a total installed capacity of 41 MW;
• the negotiation of the transaction documents for the co-development of a stand-alone 1.5GW BESS pipeline in Italy;
• a strategic joint venture agreement with Energía Aljaval, a Spanish renewable energy company which operates internationally, for the co-development of at least 300MW of solar projects in Italy.

Innovo Renewables in the acquisition of 3 PV plants, including 1 agrivoltaic plant, with an aggregated capacity of 22 MW.

Neoen:

• in signing its first virtual PPA in Italy, providing price hedging for the equivalent of 53 MW of solar energy over a 10-year period;
• In drafting of the EPC and O&M templates for the construction and maintenance of their portfolio of PV plants in Italy;
• In the acquisition and development of a pipeline of PV and BESS projects with a capacity in excess of 150 MW.

BNZ in the acquisition of 2 PV ready-to-build projects with a total capacity of 127.7 MW, located in Sicily.

Eiffel Investment Group:

• in forming a JV with BTS DevCo committing €50 million to advancing biomethane developments in Italy;
• in the establishment of a joint venture with Green Genius, a renewable energy company operating in 8 European markets and developing biogas, solar, wind, and hydrogen projects, for the realisation of a portfolio of PV projects with a capacity of 500 MW in Italy. Eiffel Transition Infrastructure fund acquired a minority stake in the joint venture and will support the development and construction of the projects.

GreenGo in obtaining financing for the construction and operation of 8 agri-PV plants (including 3 advanced agri-PV plants) located in Calabria, Sicily, and Marche Region.

Alternus Clean Energy in the sale of 13 PV plants in previous years, and now sold the entire portfolio, with a total installed capacity of 10.5 MW.

Capital Dynamics, in the acquisition of 2 ready-to-build agri-solar projects in Sicily, having an aggregate capacity of 170MW.

The Developers (NiceTechnology and 7 Seas Wind Power), in the sale to GreenIT, the Italian renewable energy joint venture between Plenitude (Eni) and CDP Equity (CDP Group), and Copenhagen Infrastructure Partners (CIP) through its Flagship Funds, of 3 offshore wind projects in Latium and Sardinia, with an overall capacity of approximately 2 GW.

Mytilineos S.A., in:

• in the acquisition of a stand-alone BESS project in Italy;
• the acquisition of 75 MW ready-to-build solar projects in Italy.

GreenGo, an Italian renewable energy developer, in the structuring, negotiation and completion of a growth capital transaction with Eiffel Essentiel, a private equity fund specialized in energy transition across Europe, managed by the French asset manager Eiffel Investment Group.

iCON Infrastructure, on:

• the acquisition from ATS Engineering S.r.l. and VMV Holding S.r.l. of a 51% stake in NVA S.r.l., a platform for the development, construction, and operation of renewable energy plants with a pipeline of projects under development of approximately 3 GW, with the strategic objective of transforming it into a multi-technology IPP focused mainly on solar, onshore wind and biogas utility scale plants;
• the acquisition of 100% of Sestrieres S.p.A., a company managing one of the most important European ski infrastructures;
• the acquisition of a 49% stake in the public lighting activities of the EGEA group;
• the acquisition from EGEA S.p.A. of a 49% stake into two holding companies owning gas distribution and district heating businesses in Northern Italy, and in the negotiation of the related shareholders agreements;
• the acquisition of a majority interest in Eco Eridania S.p.A., an Italian integrated waste collection, transportation, treatment and disposal business leader in the sanitary and industrial waste sector, from Xenon Private Equity V L.P, and from CEO Andrea Giustini’s family holding company Roccaforte S.r.l.

IPC Holding S.r.l. (IGEFI Group), on the sale of a portfolio of late-stage development solar projects with a total capacity of approx. 400 MW.

An international developer in the structuring and execution of a competitive process for the selection of an investor for co-development of an approx. 300 MW solar pipeline in Italy, including with respect to drafting and negotiating all the transaction documents with the selected investor (being one of the largest European asset managers in the renewables space).

A large Italian EPC provider and solar developer in the structuring and execution of a competitive process for the selection of the buyer of 4 solar projects in Italy totalling 115 MW, including with respect to drafting and negotiating all the transaction documents with the selected investor (being a large German utility).

An Italian developer in the structuring and execution of a competitive process for the selection of an investor for co-development of an approx. 380 MW pipeline of solar, wind and storage projects in Italy, including with respect to drafting and negotiating all the transaction documents with the selected investor (being a large global developer).

Octopus Energy Development Partnership, on the Italian law matters pertaining to the establishment of a cross-border joint venture with Nexta Capital Partners, whose goal will be developing up to 1.5 GW of utility-scale battery energy storage (BESS) in different Regions of Italy.

The bondholder, in the negotiation of the transaction documents with respect to the development funding for a 840 MWp solar pipeline in Italy through a convertible bond issue from a wholly owned Italian subsidiary of the UK based developer Alta Capital Limited.

An international developer, with respect to the Italian law aspects of the sale to Matrix Renewables, the TPG Rise-backed renewable energy platform, of a 440 MW solar portfolio across Spain and Italy.

Shikun & Binui Energy, in the acquisition of an agro-photovoltaic project located in Tuscany and a solar PV project in Sardinia having an aggregate capacity of c.a. 70 MW.

RIC Energy, in the acquisition of a cluster of 10 ready-to-build solar projects in Italy.

Volta Green Energy, in the sale of a ready-to-build 59MW PV project in Friuli Venezia-Giulia to A2A.

Glennmont Partners, on:

• the co-development arrangements and subsequent acquisition of a 53MW ready-to-build solar unsubsidized project in Italy;
• the co-development arrangements and subsequent acquisition of a 45MW ready-to-build solar unsubsidized project in Italy;
• the sale to ENI of the entire wind portfolio held in Italy, for an aggregate installed capacity of 315 MW;
• in the sale of its 85.4 MW Italian PV portfolio to Tages Capital SGR through the sale of the Dutch company which holds the portfolio.
• the €416 million acquisition of a 245 MW wind projects portfolio from Spanish electric utility Iberdrola;
• the acquisition of a 60 MW wind project in Italy, as well as drafting and negotiation of the sale and purchase agreement, the turbines supply agreement, the balance of plant agreement, and the operation and maintenance agreement;
• the obtainment of a €87.9 million project financing for the above mentioned 60 MW wind project granted by a pool of banks which included ING Bank N.V., UniCredit S.p.A. and Siemens Bank Gmbh;
• the acquisition of a 10 MW wind farm in Italy from Iberdrola.

KGAL, on:

• the drafting and negotiation of the entire set of project contracts for a 53 MW unsubsidized solar plant in Italy, including the PPA, the EPCM contract, the modules supply agreement, the trackers supply agreement, the inverters supply agreement, the infrastructure EPC contract as well as the grid connection agreement;
• the acquisition from STEAG of a 440 MW solar projects pipeline, including due diligence activities and drafting and negotiation of all contractual documentation;
• the acquisition of a company owning 4 hydroelectric plants in Northern Italy;
• the structuring of a joint venture with Premier Group for the joint development of solar and wind projects.

ACEA, on:

• the acquisition of a 20 MW ‘shovel ready’ solar project, to be constructed in Basilicata;
• the acquisition of a majority stake in an approx. 20 MW solar portfolio from Belenergia, including in relation to the drafting and negotiation of the sale and purchase agreement and shareholders agreement;
• the sale of a majority stake in the holding owning a 105MW operational solar portfolio.

Hanwha Energy Corporation, in the drafting and negotiation of the transaction documents executed with Clean Capital Energy and Enervorum for the development of a 200 MW solar pipeline in Italy.

Graziella Green Power, in drafting and negotiation of the transaction documents for the formation of a joint venture with ENGIE aimed at creating a geothermal hub in Italy, whose first goal will be the construction of the first geothermal plant in Europe using the innovative “zero emissions” technology.

European Energy, on:

• the acquisition of a 123 MW PV Project in Italy;
• the acquisition of a number of PV Projects in Italy for an aggregate capacity in excess of 400 MW;
• in the acquisition of a 20MW wind project in Italy and in the negotiation and drafting of the sale and purchase agreement, the turbines supply agreement, the balance of plant agreement, and the construction management agreement.

EcoEridiana S.p.A., in:

• the due diligence activities in the context of the acquisition of a 60% stake in Irigom, a company active in the treatment of end-of-life tyres (Pfu), technical rubber, waste from separate collection and industrial plastics, destined for material recovery and energy recovery at authorised cement plants. In addition, the company has recently become active in the treatment and recovery of end-of-life solar panels, for the production of secondary raw materials (such as glass, aluminium, copper);
• the due diligence activities in the context of the acquisition of a 60% stake in Smoco (supply of fuels for energy utilisation);
• a complex financing transaction with a pool of Italian and international banks, to be used partially to refinance the existing debt of the EcoEridania’s group and partially to fund capex and working capital needs of the group.

Education

Law Degree, Università degli Studi Roma Tre, 2008, 110/110 cum laude.

BAR ADMISSION

Rome