Global law firm Norton Rose Fulbright has advised Tages Capital SGR,  as management company of the reserved closed real estate investment fund denominated Tages Helios, on the acquisition from SunReserve of the entire corporate capital of five Luxembourg companies owning, through eight Italian special purpose vehicles, a portfolio of photovoltaic energy projects with an overall capacity of 101 MWp.

The portfolio is the sixth largest portfolio of its kind in Italy and consists of nine projects, including the Rovigo plant, one of the largest in Europe, with a capacity of about 70 MWp.

This acquisition, once completed, will contribute to the consolidation of the Italian photovoltaic market and make Tages the third largest operator in the market.

The Norton Rose Fulbright team advising Tages Capital was led by Arturo Sferruzza, head of the banking and energy practices in Italy, and included senior associate Luigi Costa as project coordinator, senior associate Marcello Ciampi, associate Ginevra Biadico, and trainees Lisa Rancitelli and Gloria Vigilante.