Gattai, Minoli, Partners with BPER Banca in the project finance for Chiron Energy

The Firm assisted Bper Banca, as lending bank, agent bank, mandated lead arranger and account bank, in the financing on a project finance basis of approximately 17.5 million in favor of Chiron Energy SPV 01, a company of the independent Chiron Energy group, which develops and operates power plants from renewable sources.

Chiron Energy SPV 01 owns directly and through SPVs five utility scale solar power plants (one of which currently under acquisition) with a total capacity of about 6.3 MW. The financing transaction is aimed, among other things, at financing part of the resources required for the acquisition of the abovementioned power plant with a total capacity of about 6.3 MW, and at refinancing the existing indebtedness of its subsidiaries, as well as at financing the revamping and repowering works, that will increase the total capacity to about 10 MW by 2023.

The Firm advised BPER Banca’s Corporate & Investment Banking team in the due diligence activities and in the drafting and negotiation of the finance documents with a team coordinated by partner Nicola Gaglione and composed of senior associate Marco Moscatelli and associates Eleonora Banfi, Angelo Filippo Fabris and Federica Re, as well as of counsel Micaela Tinti and associate Elena Martignoni in relation to the administrative profiles of the transaction.