Ashurst advises ERG Renew S.p.A., a major Italian wind energy operator and one of the leading companies in Europe, on the acquisition of a 206 MW wind portfolio located in France and Germany, owned by Impax Asset Management Limited.

By means of this transaction, ERG Renew S.p.A. will consolidate its position in Europe, achieving a 1.7 GW wind portfolio, and significantly strengthen their position in France, where they have already acquired earlier this year a 63.4 MW wind portfolio, and in Germany.

The transaction was signed on 14th October 2015 and is scheduled to be completed by the end of 2015.

The Ashurst Paris team was led by: Bertrand Delaunay, partner, Corporate; Michel Lequien, partner, Corportate Projects (Energy and Infrastructure); Jacques Dabreteau, counsel, Corporate Projects (Energy and Infrastructure); and, Leslie Batazzi, senior associate, Corporate.

The team was also composed of: Mathieu Rétiveau, associate, Corporate; Olivia Le Baube, associate, Corporate Projects (Energy and Infrastructure ); Philippe None, partner, Real Estate; Dorian Scemama, associate, Real Estate; Orane Mikloajayk, associate, Finance; Nataline Fleury, counsel, Employment; Odélia Saillant, associate, Employment; Michaël Cousin, partner, Competition; and, Fanny Giroud, associate, Competition.

The Ashurst Frankfurt team was composed of Martina Rothe, counsel, Rechtsanwältin, Corporate, and Angela Loff, associate, LL.M., Corporate.