Carloandrea Meacci Partner

Carloandrea Meacci
Partner
T: +39 02 85 42 31
E: [email protected]
Education
1999:
"New York University - NYU", LL.M.
1998:
University of Padua, "Università degli Studi di Padova", Postgraduate
1997:
University of Padua, "Università degli Studi di Padova", J.D.
Specialisation Course in Law of International Commerce and Finance.
2001:
Admitted to the Italian Bar as Avvocato.
2000:
Admitted to the Bar of the U.S. Court of Appeals for the Federal Circuit.
2000:
Admitted to the New York State Bar.
2000:
Admitted to the Bar of the U.S. Court of International Trade.
Professional
memberships
2013:
Directive committee New York University - NYU
Career
May 2010:
Partner, Studio Legale associato ad Ashurst LLP.
2006 - 2010:
Senior Associate, Studio Legale associato ad Ashurst LLP.
Qualifications
Expertise
2001 - 2005:
Associate, Allen & Overy, Milan.
1999 - 2001:
Associate, Dewey Ballantine LLP, Washington, DC.
1997 - 1998:
Trainee, Studio Legale Carnelutti, Padua.
Carloandrea is a partner and leads the Energy and Resources department. He holds
a Law degree from the University of Padua "Università degli Studi di Padova" (1997) and has
an LL.M. degree from "New York University - NYU" (1999). Carloandrea qualified in Italy in
2001 and in the US in 2000. He has extensive experience in project bonds, project financing
and in the energy and infrastructure sectors (both financing and corporate/M&A).
Carloandrea's wider experience includes real estate finance, acquisition finance, asset
finance and export credit.
Track record
Selected transactions of note include advising, among others:
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Natixis, UBI, Aviva and Scor, on the € 175 million bond and bank refinancing of the 70
MW portfolio of solar plants in Italy of Antin (2014 Deal of the Year – Legal
Community Finance & Tax Awards) (First Project Bond in Italy);
Natixis, BNP Paribas CIB and Credito Valtellinese as well as the French
infrastructure debt fund SCOR Infrastructure Loans II in relation to the € 222 million
project bond and project finance refinancing of Etrion Corporation's 53.5 MW Italian solar
portfolio (second project bond in Italy in the renewables sector after Antin Solar
closed in November 2014);
BNP Paribas Securities Services Milan Branch as Security Agent and Calculation and
Paying Agent in relation to the project bond and project financing for the Udine Hospital.
The issuer/borrower Aton per il Progetto S.r.l., sponsored by the Veolia group through its
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Italian subsidiary Siram;
Quercus Italian Solar S.p.A. (owned by fund Quercus Assets Selection S.C.A. SICAVSIF) in relation to a € 44.5 million mid-long-term facility granted to Quercus Italian Solar
S.p.A. by UBI Banca S.p.A.;
Unicredit S.p.A., Natixis Milan Branch and Mediocreval S.A., in relation to the € 80
million project financing granted to 9Ren group and aimed at the development of 5 solar
plants (capacity of up to 22 MW);
F2i and Ardian (formerly AXA Private Equity) as sponsors and 2i Rete Gas S.p.A., the
second Italian gas distribution grid operator (formerly Enel rete Gas), as issuer and
borrower, in its bank and bond refinancing through the establishment of a €3 billion
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EMTN Programme and a €1.75 billion bank loan;
Natixis Milan, WestLB AG and Mediocreval S.p.A., on the project financing of five
solar plants in the Puglia and Lazio Regions, for a total capacity of 18 MW. The facility
has been granted to three companies belonging to Etrion;
AXA Private Equity and Tozzi group in relation to the project financing of 27.5 MW
solar plant located in the Municipality of Sant'Alberto in Italy;
Everstream Energy Capital Management, a US investment fund, and Chilean family
offices represented by Claro Y Asociados in relation to (i) the acquisition of a majority
stock in a SPV owning a 50 MW merchant PV plant located in Chile, and (ii) the project
financing by IFC and OPIC of the solar plant - 2013 Latin American Solar Deal of the
Year 2013 (Project Finance Magazine);
UniCredit S.p.A. in relation to the project financing of Fri-El S. Canio S.r.l., which owns
a 24 MW wind farm in the municipalities of Guardia Perticara and Gorgoglione in the
Basilicata region;
UniCredit S.p.A. and Banco Santander S.A. Milan Branch in relation to the project
financing of Nuova Energia S.r.l. sponsored by Fri-El and Agri, which owns a 72 MW wind
farm in the municipalities of Gravina in Puglia and Poggiorsini, in the Puglia region;
Enel Green Power on the 180 MW Kafireas wind farm project financing in Greece with
KfW;
Italian/Russian JV Lukerg Renew GMBH (the JV between ERG and Lukoil aimed at
developing renewable energy projects in Eastern Europe) on the € 67 million project
financing of a 70 MW wind farm located in Romania Corni, Galati County and owned by
its subsidiary Corni Eolian S.A. financed by Raiffeisen Bank and ING Bank;
LukERG Renew on the € 57.7 million project financing of a 84 MW wind farm located in
Romania and financed by EBRD and UniCredit Bank;
The lenders (ING N.V., Milan Branch and Credit Agricole Corporate and
Investment Bank, Milan Branch) in relation to the over € 35 million project financing
of a 22.5 MW wind farm located in the municipality of Amaroni in Calabria Region and
developed by ERG Eolica Amaroni S.r.l.. The sponsor is ERG Renew S.p.A.;
ING, Credit Agricole and Centrobanca in relation to the over € 135 million project
financing of the 97.5 MW Fossa del Lupo wind farm developed by ERG Renew;
The Royal Bank of Scotland, BNL and Dexia, in relation to the project financing of
four wind farms of 72 MW developed by EDFEN and Fri-El in Puglia;
ICCREA BANCAIMPRESA S.p.A., Banca di Carnia e Gemonese – Credito
Cooperativo – Società Cooperativa, Mediocredito Trentino-Alto Adige S.p.A.,
Cassa Centrale Raiffeisen dell'Alto Adige S.p.A., as lenders, in relation to the € 16
million project financing of a 2.193 MW hydro-power plant owned by Idroelettrica R.
Slizza S.r.l. in Friuli Venezia Giulia region;
Cassa di Risparmio di Bolzano S.p.A. and Banca Popolare di Vicenza S.c.p.A., on
the € 27 million project financing granted for the revamping of the Hydroelectric plant
Gaetano Ganassini located near Turin;
Irminio S.r.l. on its up to US$ 100 million borrowing base facility arranged by Société
Générale, BNP Paribas and Banca IMI. The facility will be used by Irminio, amongst other
things, towards funding the further development of its upstream oil and gas assets in
Italy;
F2i and AXA Private Equity, in relation to the financing for the acquisition of Gaz de
France's gas distribution grid in Italy, as well as in the re-financing of their previous
acquisitions of Enel and E.On's gas grids. The deal, with a total value of € 2,2 billion, has
led to the establishment of the second largest gas distribution network in Italy - Deal of
the Year 2011 (Project Finance International and Project Finance Magazine);
ERG Rivara Storage, in relation to the development of a 3.2 billion cubic-meters gas
storage plant, and related connection pipeline, in central Italy;
Enel Rete Gas S.p.A.,F2i and AXA Private Equity in relation to the € 2.1 billion
financing of the Italian gas distribution networks of Enel (Enel Rete Gas), E.ON (E.ON
Rete Gas) and Gas de France (G6) (October 2011) – M&A Global Deal of the Year by
Project Finance International and the European Gas Distribution Financing Deal of
the Year by Project Finance Magazine;
Intesa San Paolo Sp.A., Unicredit S.p.A., Centrobanca – Banca di credito
Finanziario e Mobiliare S.p.A., MPS Capital Services Banca per le Imprese S.p.A.,
Credito Bergamasco S.p.A., Cassa Depositi e Prestiti and EIB, in relation to the €
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1. 8 billion project financing for the construction, operation and maintenance of the 62.1
km Brebemi toll road linking Brescia to Milan and to the € 546 million bridge financing;
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Stretto di Messina S.p.A., on the €6 billion BOT concession contract with the general
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Astaldi S.p.A., Nurol A.S., Özaltin, Mak-Yol Co. Inc., Yüksel A.S. and Göçay A.S.,
contractor and project financing of the Strait of Messina bridge;
in relation to the project development and financing of the USD 10 billion Gebze
Orhangazi Izmir toll road (420 km), including the Izmit bay crossing suspension bridge
(3.3 km);
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Autostrade/Atlantia and Tata, on the project development and USD 10 million project
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Cariparma S.p.A. and Crédit Agricole Corporate and Investment Bank, in relation
financing of Pune-Solapur toll road. First toll road BOT to be project financed in India;
to the € 44 million pre-financing of the 4th lot of the Salerno-Reggio Calabria toll
motorway in Southern Italy. The facility has been granted to the general contractor
Impresa Pizzarotti S.p.A.;
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Tunnel Gest S.p.A., on the negotiation of a € 110 million project financing aimed at the
maintenance of about 110 road tunnels in the Lombardy region currently managed by
ANAS S.p.A. The facility has been granted by BIIS Banca Infrastrutture Innovazione
Sviluppo S.p.A. and Unicredit S.p.A.;
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Calyon and MPS S.p.A., on the € 290 million project financing of the Florence light rail
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Unicredit Mediocredito Centrale S.p.A. as financial advisor and Unicredit Corporate
link;
Banking S.p.A. and Fercredit S.p.A. as lenders, in relation to the financing (by means
of factoring) to Nodavia S.c.p.a. for the € 700 million construction of the Florence high
speed railway station;
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Impresa Pizzarotti & C. S.p.A and Società Italiane per le Condotte, the promoter
in relation to the tendering procedure for the award of the DBOT concession and the
project financing of the € 3 billion Metro Line D in Rome;
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The European Investment Bank, on the project financing of the new hospital in
Mestre (PPP Deal of the Year 2005, PFI Awards);
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The Royal Bank of Scotland plc, MCC S.p.A. e MedioCredito Centrale S.p.A., on
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Calyon SA, on the project financing the hospitals of Camposampiero and Cittadella,
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UniCredit Infrastrutture S.p.A., Unicredit Banca d'Impresa S.p.A. and Banca
the € 140 million project financing of Ospedale del Mare in Naples;
including the co-generation plants;
Intesa Infrastrutture e Sviluppo S.p.A., on the € 140 million project financing for
Vimercate Hospital, developed by Inso;
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UBM S.p.A , MPS Banca per l'Impresa S.p.A, Banca OPI S.p.A and Veneto Banca
S.p.A, on the € 120 million project financing of Hospitals in Castelfranco Veneto.
Publications
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"Project Brainwave: the first project bond in Italy" in Butterworths Journal of
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"Italian Project Bonds - A new era for infrastructure financing", in Infra Read, Issue 2,
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Italian Project Bonds - A new era for infrastructure and energy financing, EnergySource,
International Banking and Financial Law, issued March 2015;
July 2013;
Issue 11, March 2013;
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Bankability of Italian Green Certificates, Project Finance International, May 2009 (co-
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How New Tender Rules Work, International Financial Law Review, December 2008-
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Italian tolls flourish, Project Finance International, 5 March 2008;
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Recent Developments in the Italian Renewable Energy Market: New Law 488/92
author);
January 2009;
Subsidies, Innovative Renewable Sources and the M&A of Project Financed Special
Purpose Companies, Bloomberg European Business Law Journal, Q3 2007.
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