Andion CH4 has finalized a €24 million project financing transaction aimed at the construction of a biomethane production plant using agricultural waste in Mirandola, Modena, in the Emilia-Romagna region.
The transaction was structured by a banking pool composed of BNL BNP Paribas, acting as Mandated Lead Arranger, Original Lender and Facility Agent, and Mediocredito Centrale, acting as Original Lender, as part of Andion CH4’s European development plan in the biomethane sector. The financing forms part of the company’s industrial strategy focused on building an infrastructure platform dedicated to the development, construction and operation of anaerobic digestion plants for the production of low-carbon biomethane.
De Berti Jacchia Law Firm advised the Andion group, Biomethan Green Società Agricola S.r.l. and Airsol S.r.l., on the transaction, handling in particular the negotiations with the banking pool and the legal aspects of the financing, as well as the drafting and negotiation of all agreements required for the construction, commissioning and operation of the plant. The De Berti Jacchia team was led by partner Giuseppe Cristiano, assisted by partners Antonella Terranova and Cristina Fussi for public law and contractual matters related to the plant’s development.