Green Arrow Capital SGR’s €400 Million Acquisition of Solar Portfolio

Watson Farley & Williams represented Green Arrow Capital SGR on the deal.

Green Arrow Capital SGR, one of the leading independent Italian operators in the alternative investment world, announced the acquisition of a portfolio of solar PV projects under development in Spain. The project has an overall expected capacity of 508 MW and a total value of €400m+ from Progressum Energy Development (PED), through its subsidiary Green Arrow Infrastructure of the Future (“GAIF”) Fund.

The pipeline acquired by GAIF in 2021 now comprises of 800 MW+ operational, under construction and ready-to-build photovoltaic, wind and hydroelectric as well as plants biomethane production, storage/EV-charging infrastructure and 5G tower projects.

The Watson Farley & Williams team was led by María Pilar García Guijarro (Picture) and also included Javier Ester, Enrique Thomas de Carranza and Jaime Salazar.

Involved fees earner: Jaime Salazar Arrancudiaga – Watson Farley & Williams; Enrique Thomas de Carranza – Watson Farley & Williams; María Pilar García Guijarro – Watson Farley & Williams; Javier Ester Palacios – Watson Farley & Williams;

Law Firms: Watson Farley & Williams;

Clients: Green Arrow Capital;

Martina Bellini

Author: Martina Bellini