Watson, Farley & Williams has advised Capital Stage AG, a German renewable energy company, on the acquisition of the entire share capital of MTS4 S.r.l. (“MTS4”) from Martifer Solar S.r.l.

WFW advised Capital Stage on both the legal and financial aspects of the transaction, including legal due diligence and drafting and preparation of all related contracts.

MTS4 owned three ground-mounted photovoltaic plants in Noceto, in the province of Parma, which have been in operation since December 2012 and have a total nominal capacity of approximately 4.5 MW.

The WFW team was led by partner Cristina Martorana, who was supported by associates Carlo Cosmelli, Micaela Tinti and Lorenzo d’Alessandro.

WFW Milan partner Cristina Martorana commented: “This latest acquisition by Capital Stage clearly shows the direction in which the secondary market is moving: that of project quality and stabilisation and underlines how WFW is the go to firm for such projects in the energy sector.”