King & Wood Mallesons (KWM) has advises Alantra on the launch of N-Sun Energy, it´s new investment platform for photovoltaic solar projects in southern Europe. The platform is initially backed by swiss infrastructure asset manager Reichmuth and French asset manager Amundi Energy Transition as key investors, who have already committed €265 million to the project.
The project has been led by Roberto Pomares (corporate) and Isabel Rodríguez (funds) partners of KWM legal team. Other notable professionals who have supported this operation are counsel Fernando Jiménez (tax), senior associate Gonzalo Fernández (corporate) and associates Enrique Torné (funds), Enrique Murillo (corporate) and Laura Varela (corporate).
The creation of N-Sun Energy is part of the long-term collaboration agreement between Alantra and Solarig, a Spanish company focused on the development, construction and operation of solar plants. Solarig will contribute a portfolio of 50 plants (valued at 1,700 million euros) to the project solar plants with a capacity of 1.9 GW located in Spain and Italy, which will reach ready-to-build status progressively over the next 18 months and will ultimately be fully operational by the end of 2025.