F2i, FSI, Wind, and Vodafone together for Italy’s ultra broadband

The companies undersigned a letter of intent for the development of a national optic fibre infrastructure through Metroweb S.p.A.

Metroweb will represent a crucial element in the agreement entered by F2i – Fondi italiani per le infrastrutture, FSI (Fondo Strategico Italiano), Wind, and Vodafone for the development of a national optic fibre infrastructure to enhance the ultra-broadband network in Italy.

According to the companies participating in this operation, further operators can take part in this project. The optic fibre structure will be designed and developed based on the Ultra-broadband Programme approved by the Italian Government.

http://www.f2isgr.it/f2isgr/allegati/comunicati_stampa/2015_05_29_CS_F2i_METROWEB_FIBRA_OTTICA.pdf

F2i confirmed its position as second major operator in the photovoltaic segment

56.4 MW new plant capacity acquired from Cogipower

F2i – the infrastructure fund chaired by Renato Ravanelli – recently announced the acquisition of new photovoltaic plants from Cogipower S.p.A. – a company of the Cogip-Tecnis Group operating in the construction business – for a total capacity of 56.4 MW. This transaction, which is scheduled to close by the end of June, will strengthen F2i’s leadership in the renewable energy business, especially in the photovoltaic segment, where the fund confirms its position as second largest operator at Italian level for installed capacity (total 205 MW).

The acquired plants – mainly based in Sicily – will be integrated into two of F2i’s subsidiaries operating in this line of business (HFV and F2i Solare), both part of F2i’s First Fund portfolio.

Through its First Fund, F2i recently acquired photovoltaic plants for further 49 MW capacity from the E.ON Group, and through its Second Fund Edison’s 70% share in Edens (now E2i Energie Speciali S.r.l.). This transaction let to the acquisition of renewable energy production plants, mainly wind energy. E2i Energie Speciali currently represents the third operator at Italian level in the wind energy business.

To perform this transaction, F2i was advised by Banca IMI, Studio Legance, EOS, PWC and Marsh. Studio Bonelli Erede Pappalardo provided legal advice to the financing banks.

http://www.f2isgr.it/f2isgr/allegati/comunicati_stampa/ComunicatoStampa_210615_Cogipower.pdf