Terra Firma buys Rete Rinnovabile for €670m

The firm, which is operating and constructing around 150MW of photovoltaic plants, was previously owned by Italian national grid operator Terna.

March 2011 is the forecasted completion date of the transaction, which is thought to have been structured with around one-third equity and two-thirds leverage.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Susannah Birkwood on +44 20 7004 7524 or susannah.birkwood@incisivemedia.com

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• Topics
• Southern Europe
• Infrastructure
• Buyouts
• Terra Firma