24 Oct 2025

DWF Assists ZE Energy in Acquisition of 100% Stake in Solar Challenge 4 S.r.l. for 100 MW Energy Storage Project in Italy

"DWF has assisted ZE Energy, a French independent renewable energy producer, in acquiring 100% of Solar Challenge 4 S.r.l. from Renew-Co Engineering. The company holds a 100 MW energy storage project in Sessa Aurunca, Campania, which has been authorized and won the first MACSE auction. DWF's team managed all legal aspects of the transaction, including due diligence, corporate M&A, regulatory issues, and contract negotiations."

**Press Release Summary** DWF assisted ZE Energy, an independent French renewable energy producer, in its acquisition of 100% of the shares of Solar Challenge 4 S.r.l. from Renew-Co Engineering. The transaction involved the acquisition of a 100 MW energy storage project (BESS) located in Sessa Aurunca, Campania, which has already been authorized and was awarded in the first MACSE auction. The DWF team that handled the transaction included Michele Cicchetti, Managing Partner and Co-head of the Energy department, along with partner Guglielmo Fabbricatore. The team also comprised counsels Francesca Leo, Matteo Polli, and Claudia Laterza, as well as associates Alberto Agresti and Antonio Mancino. They provided legal assistance to ZE Energy in all aspects of the transaction, including legal due diligence, corporate M&A, administrative, regulatory, and real estate matters, as well as the preparation and negotiation of contractual documentation and the management of documentation for participation in the first MACSE auction organized by Terna.
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