Lender advisement by law firm on €1.37 billion Sonnedix debt restructuring
In a significant move for the renewable energy sector, global law firm White & Case LLP has advised the lenders on a €1.37 billion refinancing for Sonnedix, a leading renewable energy producer with over 4GW of operating capacity. The refinancing involves 1,040MW of existing and new solar PV assets across France, Italy, Poland, and Spain.
The key White & Case LLP partners involved in this cross-border project were Martin Forbes and Elizaveta Bazarova, who led the team from London. They were supported by partners Amaury de Feydeau (Paris), Fernando Navarro (Madrid), Francesco Scebba (Milan), Grzegorz Abram (Warsaw), Richard Pogrel and Anthony Colegrave (both London), counsel James Clarke (London) and associates from the respective offices.
Martin Forbes specializes in Debt Finance, Private Capital, Financial Restructuring and Insolvency, Borrower Finance, and Infrastructure, Transportation & Logistics. Elizaveta Bazarova focuses on Debt Finance, Financial Restructuring and Insolvency, Bank Lending, Borrower Finance, Private Credit & Direct Lending, and Derivatives.
Amaury de Feydeau specializes in Project Development and Finance, Infrastructure, Transportation & Logistics, Construction, Power, Debt Finance, and Technology. Fernando Navarro specializes in Debt Finance, Financial Restructuring and Insolvency, Bank Lending, Borrower Finance, Private Credit & Direct Lending, and Derivatives. Francesco Scebba specializes in Debt Finance, Bank Lending, Borrower Finance. Richard Pogrel specializes in Capital Markets, Financial Restructuring and Insolvency, Infrastructure, Transportation & Logistics, and Financial Institutions. Anthony Colegrave specializes in Capital Markets and Derivatives.
James Clarke specializes in Capital Markets. Grzegorz Abram specializes in Debt Finance, Bank Lending, Project Development and Finance, Financial Restructuring and Insolvency, Financial Institutions, and Capital Markets.
The local media contact is available for more information regarding this transaction.
In addition to Martin Forbes and Elizaveta Bazarova, other White & Case LLP team members who contributed to the transaction include partners Robyn Anderson, Luca Credentino, Bethany Carter, and Ryan Sarsfield (all London), Juan Sampedro (Madrid), Fairuz Ben Lahcen (Paris), Tsveta Pencheva, Laila Draz (both Paris), Pawel Gora, Mateusz Zdrada, and Klaudia Ochenkowska (all Warsaw). Chiamaka Isigwe's specialization is not explicitly stated.
It is worth noting that White & Case previously advised lenders on Sonnedix's €2.5 billion refinancing in December 2024. This latest refinancing reflects a significant cross-border renewable energy finance project managed by White & Case LLP.
[1] White & Case press release, [date] [2] Sonnedix press release, [date]
- White & Case LLP, a global law firm, recently advised the lenders on a €1.37 billion refinancing deal for Sonnedix, a prominent renewable energy producer.
- This project, involving 1,040MW of solar PV assets across various countries, was led by Martin Forbes and Elizaveta Bazarova from London.
- Martin Forbes specializes in Debt Finance, Private Capital, Financial Restructuring and Insolvency, Borrower Finance, and Infrastructure, Transportation & Logistics.
- Elizaveta Bazarova focuses on Debt Finance, Financial Restructuring and Insolvency, Bank Lending, Borrower Finance, Private Credit & Direct Lending, and Derivatives.
- Amaury de Feydeau from Paris specializes in Project Development and Finance, Infrastructure, Transportation & Logistics, Construction, Power, Debt Finance, and Technology.
- The news of this refinancing project in the renewable energy sector was also reported in local media, providing more information on the transaction.
- White & Case LLP has previously advised Sonnedix on a €2.5 billion refinancing in December 2024, showcasing the firm's expertise in cross-border renewable energy finance projects.
- The legal team that contributed to this transaction included partners Robyn Anderson, Luca Credentino, Bethany Carter, Ryan Sarsfield, Juan Sampedro, Fairuz Ben Lahcen, Tsveta Pencheva, Laila Draz, Pawel Gora, Mateusz Zdrada, Klaudia Ochenkowska, and counsel James Clarke, among others.
- Chiamaka Isigwe, a team member, did not have an explicitly stated specialization in the report.
