Industry: Energy & Utilities
Deal Type: M&A
Closing Date: 2012

Deal Description:
HFV S.p.A. has acquired the entire capital of Life Energy S.r.l.

Life Energy is an Italian SPV, established in 2009 by a group of private investors, owning and operating three photovoltaic power plants with an overall installed capacity of about 7.2 MWp located in the province of Milan.

HFV (www.hfvspa.com) is a leading independent operator of solar power in Italy with a portfolio of plants in operation exceeding 195 MWp. HFV was born in 2009 from a partnership between F2i and Novenergia, a Portuguese investment fund specialized in renewable energy.

Role of Lyra:
Lyra Partners acted as financial advisor to the Sellers

Tasks of Lyra included:

  • Assistance in the preparation of the company‚Äôs business plan and information memorandum
  • Assistance in the selection and contact of potential investors
  • Assistance in defining the structure and the terms of transaction
  • Assistance in the negotiation of the transaction up to the closing
  • Coordination of due diligence activities