White & Case advises sellers of Unoenergy on sale of majority stake to PLT Holding
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Global law firm White & Case LLP has advised the sellers of Unoenergy S.p.A., one of Italy's leading privately owned energy companies active in the sale of electricity, gas and energy efficiency services, on the sale of a 60 percent stake in the company to PLT Holding, the family office of the Tortora family.
The transaction will combine PLT Holding's renewable energy generation activities with Unoenergy's retail energy platform. Following completion, PLT Holding expects its energy business to generate revenues of more than €1.6 billion and EBITDA of approximately €308 million, evenly split between its energy generation and energy retail operations.
The White & Case team which advised on the transaction was led by partner Leonardo Graffi (Milan & London) and included local partner Sara Scapin (Milan), associate Francesco Cimmarrusti (Milan) and lawyers Lucia Onofri, Chiara Pacini and Mario Vita (all Milan).
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