Dentons assisted Greencells Group Holdings Ltd (“Greencells”) in relation to the joint development agreement with BEE Development GmbH (“BEE”) for the development of a 240 MW Dutch-Italian photovoltaic (PV) portfolio.

The portfolio includes eight PV projects under development in the Dutch provinces of Overijssel and Limburg with a total capacity of c. 80 MW, and five PV projects under development in Italy’s Apulia region with a total capacity of c. 160 MW.

Hamburg-based BEE acquires and operates renewable energy projects, most notably in the wind and solar sectors. Its current portfolio has a combined capacity of 1.000+ MW.

As one of the largest European providers of solar power plants, Greencells Group has already been successfully involved in the construction or planning of over 2.1 GWp capacity in more than 25 countries.

Greencells was advised by Dentons’ Head of the Italian Energy practice and Partner Carsten Steinhauer and Counsel Christian Fabricatore.