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Gianni, Origoni, Grippo & Partners' deal regarding the construction of the largest photovoltaic plant in Europe - located in Rovigo, Italy - was awarded ‘Power Deal of the Year’ at the Project Finance Deals of the Year Awards. With its 70 MW size, First Reserve and SunEdison's Rovigo solar project is Europe's largest single solar project financing.
The deal was led by coordinating banks Santander and Unicredit, which were joined by Crédit Agricole, Dexia Crediop, Natixis and Société Générale. Crédit Agricole was the technical bank and Dexia was the insurance bank. Santander and Unicredit provided the bonds and took the largest tickets.
Gianni, Origoni, Grippo & Partners acted as legal counsel for the lenders.