EQUITA assisted Veronagest
Assisted by K Finance, Veronagest, has sold to F2i, assisted by Lazard, one of Italy's leading wind power portfolios, consisting of 7 productive farms operating in Sicily and Calabria with a total installed capacity of 282 MW.
Through this acquisition, F2i aims to continue its growth strategy in the renewable energy sector with the goal of fostering the formation of specialized operators of significant size and capable of expressing significant management and financial efficiencies. Veronagest's assets are in fact added to those already held by the Second F2i Fund in the wind power sector, which include 70 percent of the company E2i (about 600 MW installed and 165 MW under construction) and a 16 percent stake in Alerion. In total, the plant endowment in the hands of the fund is more than about 1,000 MW, making the group led by Renato Ravanelli one of the leading players in the sector in Italy.
Veronagest's plants are financed in project financing by Unicredit, BNP Paribas, Natixis, BBVA and CDP.