17 Oct 2025

"Herbert Smith Freehills Assists Nuveen Infrastructure in Acquisition of 270 MW Battery Storage Projects in Italy"

"Herbert Smith Freehills Kramer has assisted Nuveen Infrastructure in acquiring three battery storage projects in Emilia-Romagna, totaling approximately 270 MW, from Powerminds Storage, a joint venture of Emeren Italia and Kaizen Invest Holding. Powerminds Storage will also support Nuveen in developing these projects under a sophisticated acquisition and co-development agreement. The legal aspects for Powerminds were managed by Emeren Italia's internal legal team, while notarial services were provided by Giovannella Condò of Milano Notai."

**Press Release Summary** Herbert Smith Freehills Kramer and Emeren Italia's internal legal team participated in a transaction involving Nuveen Infrastructure and Powerminds Storage. Herbert Smith Freehills Kramer assisted Nuveen Infrastructure, a global manager in the clean energy infrastructure sector, in acquiring three battery storage projects in Emilia-Romagna with a total capacity of approximately 270 MW from Powerminds Storage, a joint venture between Emeren Italia and Kaizen Invest Holding, which specializes in solar project development and energy storage. Powerminds Storage will also support Nuveen Infrastructure in the development of these projects under a sophisticated acquisition and co-development agreement. The Herbert Smith Freehills Kramer team was led by partner Simone Egidi and included partner Francesca Morra, senior associate Chiara Miccolis, associate Giacomo Bedeschi, and trainee Kevin Aldeghi. For Powerminds Storage, the legal aspects were managed by Emeren Italia's internal legal team, led by Francesco Vita, with support from legal counsel Andrea Gregorio. The notarial aspects of the transaction were handled by notary Giovannella Condò, co-founder of Milano Notai.
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