24 Nov 2025

DWF Advises Banca Valsabbina in Subscription of Espe Minibond

"DWF advised Banca Valsabbina, acting as originator and sole investor, in the full €2 million subscription of a minibond issued by Espe, a renewable energy EPC contractor listed on Euronext Growth Milan. Espe was assisted by Starclex."

DWF advised Banca Valsabbina, while Starclex advised Espe. The transaction involved the issuance by Espe, a company listed on Euronext Growth Milan and active in the renewable energy sector as an EPC contractor specialized in the supply of photovoltaic plants, of an unsecured bond with an aggregate nominal amount of €2 million. The entire issuance was fully subscribed by Banca Valsabbina, which acted as originator and sole investor. DWF handled all legal and contractual aspects of the operation. DWF represented Banca Valsabbina with a team composed by: Luca Lo Po’, partner and head of the firm's European financial regulation practice; Massimo Breviglieri, counsel; Paolo Cadili, senior associate. Starclex represented Espe.
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