15 Oct 2025

"ADVANT Nctm Assists Undo Group in Acquisition of 8 Solar and Agrivoltaic Plants in Italy"

"ADVANT Nctm has assisted Undo Group, through its subsidiary Sol Terram, in acquiring a portfolio of 8 Ready To Build (RTB) photovoltaic and agrivoltaic plants in Central-Southern Italy, totaling 170 MWp. This acquisition positions Undo Group as a key player in Italy's energy transition as an Independent Power Producer (IPP), aligning with European goals to reduce greenhouse gas emissions by 55% by 2030 and achieve carbon neutrality by 2050. The legal due diligence and acquisition process were managed by ADVANT Nctm, with contributions from various legal and technical partners."

**Press Release Summary** The law firms involved in the transaction include ADVANT Nctm, L&B Partners Avvocati Associati, and Studio Notarile Sbardella, assisting the Undo Group and its subsidiary Sol Terram in the acquisition of a portfolio of 8 photovoltaic and agrivoltaic plants located in Central and Southern Italy. The transaction involves the acquisition of a total capacity of 170 MWp in Ready To Build (RTB) projects, reinforcing the Undo Group's position as a key player in the Italian energy transition as an Independent Power Producer (IPP). This move aligns with the European goals for 2030 to reduce net greenhouse gas emissions by 55% and achieve a balance between emissions and absorption by 2050. The legal aspects of the transaction were managed by ADVANT Nctm, with partner Giovanni Battista De Luca overseeing the legal due diligence of the photovoltaic plants and related administrative matters, while partner Piero Viganò handled the preparation and negotiation of the acquisition contracts. For the buyer, the legal and contractual aspects were managed by Enrico Silvestri, General Counsel of the Undo Group, with assistance from Simone Procopio. The commercial and financial aspects were overseen by the M&A team led by founder Giuseppe Monaco, alongside Niccolò Bertocchini and Fabio Marchese, under the supervision of CEO and founder Umberto Deodati. Additionally, L&B Partners Avvocati Associati contributed to the transaction with partner Grazia Carbone and senior associate Luigi Colucci focusing on tax due diligence and related tax analysis. Kiwa Italia provided technical support, and Studio Notarile Sbardella was also involved in the transaction.
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