Osborne Clarke and Clifford Chance respectively acted for Quercus Assets Selection Sarl, European fund focused on investments in renewable energy with over 350 million Euro under asset under management, and ERG, a primary Italian producer of energy from renewable sources with over 2.800 MW of installed nominal power, in the signature of an agreement for the incorporation of the limited liability company ERG Q Solar1, with registered office in Genoa, owned as to 60% by ERG and 40% by Quercus Italian Solar Fund, with the aim of consolidating the Italian photovoltaic market.
Osborne Clarke acted for Quercus Assets Selection Sarl with a team led by managing partner for Italy, Riccardo Roversi with senior associate Carlo Gioffrè and trainee Davide Alesso.
ERG's internal team included general counsel Andrea Navarra and Raffaella Romei, assited by Clifford Chance with a team led by partner Umberto Penco Salvi and associates Cristiana Visco and Vittorio Novelli, and also by partner Filippo Emanuele and senior associate Luca Baroni.
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