Orrick’s Italian energy team advised Trading Emissions PLC, through its wholly owned subsidiary TEP Solar Holdings Limited, in a sales and purchase agreement with a member of the Sonnedix group. The agreement concerns the sale of Trading Emissions’ entire interest in two Italian subsidiaries, Etuno Srl and Solar Energy Italia 6 Srl, also known as Librandello. The Librandello portfolio comprises three ground-mounted solar photovoltaic plants located in Abruzzo and Sicily with a combined capacity of 11.2MW.

The Orrick team advising Trading Emissions was led by Carlo Montella and included Andrea Gentili and Pina Lombardi.

Sonnedix was assisted by Raffaelli Segreti Tassone Studio Legale.