WFW Advises Encavis on Leading Italian Energy Release 2.0 Transaction

(Text copyright Will Salomone WFW, reproduced with kind permission)

Watson Farley & Williams ("WFW") advised Encavis AG ("Encavis") on the contractual framework enabling its participation in one of the most significant transactions under Italy's Energy Release 2.0 programme.

Energy Release 2.0 is an innovative Italian government programme providing energy‑intensive companies with electricity at a fixed, regulated price in exchange for a commitment to build new renewable energy generation capacity, as well as an important instrument in the country's energy transition.

Involving contracts totalling approximately 3,700,000 MWh - representing 16%+ of the entire volume offered under the Energy Release 2.0 initiative - this transaction positions Encavis among the most active operators in the Italian renewable energy sector.

As part of the programme, Encavis will participate as a delegated third party, entering into direct agreements with energy‑intensive consumers and aggregators and enabling dozens of companies to benefit from Energy Release 2.0 incentives.

Encavis is one of Europe's leading producers of electricity from renewable energy. It operates a diversified portfolio of onshore wind farms, ground-mounted solar parks and battery storage systems across 13 European countries, including Germany, Italy, Spain, Denmark and the Netherlands.

The WFW Italy Energy team that advised Encavis was comprised of WFW Italy Head and Corporate Partner Eugenio Tranchino and Associate Francesco Vanzaghi, supported by Associate Alice Zago.