Global law firm Ashurst has advised Asterion Industrial Partners, an independent investment management firm focused on European infrastructure, on its partnership with F2i SGR, created for the acquisition of Sorgenia.
The transaction creates an integrated provider of energy transition technologies (gas and renewables) with an installed capacity of around 4,800 Megawatts. As part of the transaction, F2i has also transferred a portfolio of wind and biomass assets into the group to enhance the diversity of its generation profile.
Sorgenia will also continue to pursue its strategy of expanding its share of the end-customer market, where it currently supplies energy and services to 400,000 Italian businesses and households and is a leader in the use of digital channels and technologies.
Ashurst coordinated a cross border team across Milan, Spain and the UK, led by partner Carloandrea Meacci with counsel Annamaria Pinzuti. In Milan partner Elena Giuffrè advised on regulatory matters and partner Michele Milanese advised on certain tax aspects, supported by associates Anna Giulia Chiarugi, Paolo Gallarà and Federico Piccione and trainees Fabrizio Bergo, Arianna Mauri and Riccardo Rao. In London senior associate Jacob Gold and associate Jasmin O'Reilly advised. In Spain partners Andrés Alfonso and Jose Christian Bertram led, supported by associates Rafael Serrano, Celia Gil, Beatriz Aizpun and Pedro Diaz.
