20 Oct 2025

"Green Horse Legal Advisory Supports wpd Europe in Financing Sicilian Wind Farm Project"

"Green Horse Legal Advisory has assisted wpd europe GmbH in securing financing from DZ BANK AG for the construction of the Licata Wind Farm in Sicily, which will have a capacity of approximately 30 MW and is expected to start operations in 2026. This project marks wpd's first large-scale initiative in Italy, contributing to the expansion of renewable energy infrastructure in Europe. The legal teams from Green Horse and Simmons & Simmons played key roles in structuring and negotiating the financing. Notarial aspects were handled by Notary Marco Farina in Milan."

Green Horse Legal Advisory and Simmons & Simmons participated in the transaction, assisting wpd europe GmbH and DZ BANK AG Deutsche Zentral-Genossenschaftsbank, respectively. The transaction involved the financing for the construction of the Licata Wind Farm in Sicily, which will have a production capacity of approximately 30 MW and is supported by a virtual Power Purchase Agreement (PPA) set to commence in 2026. This marks wpd's first large-scale initiative in Italy, contributing to the expansion of renewable energy infrastructure in Europe. Green Horse Legal Advisory provided support throughout all phases of the financing structuring and negotiation, with a team consisting of Andrea Gentili, Daniele Sani, and Olga Capacchione. Simmons & Simmons acted as lender’s legal counsel for DZ BANK, with a team that included partner Tommaso Tomaiuolo, counsel Federico Perego, supervising associates Gianluca De Donno and Andrea Pototschnig, and trainee Sabina Elia. For German law aspects, partner Jens W. Gölz, managing associate Peter Louzensky, supervising associate Tim Bitterlich, and associate Antonia Jerkovic from the Frankfurt office were involved. Notarial aspects were handled by Notary Marco Farina from Milan.
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