Description

Cavour advised a new transaction in the renewable energy sector, after the acquisition of Solcap by GreenNetwork in October 2010.

Way Spa, company specialized in the engineering, construction and maintenance of renewable energy plants, has acquired two photovoltaic plants from Rolli industrie Alimentari Group, located at Roseto degli Abruzzi, in the province of Teramo.

The two rooftop plants have a total installed power of 2MWp.

The deal has been closed in a very short time. In September 2010 Way engaged Cavour as its advisor; in October the LOI was signed and the end of December was the closing date.

Cavour advised WAY in the search and selection of industrial partners interested in investing in the photovoltaic project.