WFW and Ashurst advise on sale of majority stake in flyRen to Foresight fund

Watson Farley & Williams advised flyRen Energy Group, while Ashurst acted for Foresight Group and its fund Foresight Energy Infrastructure Partners II. The transaction comprises the sale of a majority stake in flyRen to Foresight Energy Infrastructure Partners II (FEIP II), a flagship energy transition fund managed by Foresight Group. The investment represents a strategic milestone for FEIP II and will support flyRen’s growth and its transformation into an independent power producer contributing to Italy’s transition to a low‑carbon economy. Headquartered in Turin, flyRen is a prominent participant in Italy’s renewable energy market, operating across the full value chain with a proven track record in developing and managing renewable energy projects. The company has a pipeline of approximately 2.2 GW, comprising photovoltaic plants, stand‑alone battery energy storage systems (BESS) and onshore wind projects. Foresight is an established investment manager focused on real assets and growth capital, operating across Europe, Australia and the United States. Watson Farley & Williams represented flyRen Energy Group with a team composed by: Counsel Arianna Neri; Associates Francesco Vanzaghi, Sonia Basso and Alessandra Genua; and Partner Giannalberto Mazzei, who provided administrative law advice. The team worked closely with flyRen’s in‑house legal counsel Diego Bonetto throughout the transaction. Ashurst represented Foresight Group and Foresight Energy Infrastructure Partners II.

WFW and Ashurst advise on sale of majority stake in flyRen to Foresight fund

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