FERA SRL obtains a loan of 30.5 million euros for the construction of a 25.2 MW wind farm in Liguria
Electricity production at the new plant will avoid around 49 thousand tons of CO2 emissions going into the atmosphere, a year.
MILAN, 7th March 2022 – FERA SRL (Fabbrica Energie Rinnovabili Alternative), through its subsidiary ADELASIA SRL has obtained a loan of €30.5 million for the construction of a wind farm in the province of Savona.
The wind farm, named “Monte Greppino” will have a total power of 25.2 MW and 6 Vestas V136 wind turbines will be installed in the municipalities of Cairo Montenotte, Pontinvrea and Stella and will avoid around 49 thousand tons of CO2 emissions going into the atmosphere, a year.
The loan was provided by Iccrea Banca, together with the Banche Cooperative of Milan, Centropadana, dell’Oglio e del Serio and Alpi Marittime e Carrù.
“After the” Cascinassa wind farm, also built in the Savona area in 2021, whose 20 MW of power came into operation last December – comments Paolo Floriello, CFO of the Group – FERA continues to grow with the aim of increasing renewable energy in the country. With the new Monte Greppino wind park, we are further consolidating our presence in Liguria and will continue with our mission of producing clean energy and reducing environmental impact “.
Koinè Società Tra Avvocati who supported the FERA Group and Adelasia in the transaction, as well as Futura Law Firm which followed the group in some corporate aspects of the transaction. Credit institutions were assisted by DLA Piper law firm.
Information about FERA (www.ferasrl.it)
FERA SRL has been operating since 2001 in the renewable energy sector, selling electricity it produces exclusively from renewable sources (wind and biogas). The activity of the FERA Group is constantly aligned with best practice criteria recognized at national and international level. Companies engaged in the wind business constitute an integrated and highly synergistic supply chain. In particular, Zefiro Energia deals with the scouting of territory and the process for obtaining single authorization of projects, while Solo Rinnovabili manages the construction and subsequent management and maintenance phases.
In 2020 the FERA group closed:
- Value production of 25 million euros;
- Total assets: 92 million euros;
- Total shareholders’ equity: 39 million euros;
- Total net profit: 2 million euros ;
- Ebitda: 4 million euros.
Angela Giordano – PR and Communication – firstname.lastname@example.org