Ashurst has advised Ardian on the sale, through 3 New Srl, of six solar photovoltaic plants in Italy to F2i Sgr, through F2i Energie Rinnovabili Srl.

The projects are located in Emilia Romagna, Puglia and Sicily, and have a combined capacity of 51.5 MW.

The Ashurst team was led by partner Carloandrea Meacci, assisted by associates Flavia Calò and Pamela Infantino. Counsel Annamaria Pinzuti advised on the M&A aspects of the transaction with counsel Elena Giuffrè advising on the administrative law aspects.