Global law firm Hogan Lovells has advised Enel Group on its US$2 billion sustainability-linked Yankee bonds issued pursuant to Rule 144A and Regulation S under the US Securities Act.
The issuance is linked to the achievement of Enel’s sustainability target related to the reduction of GHG Scope 1 emissions intensity related to electricity production.
The Hogan Lovells team that advised on the transaction was led by Italy country managing partner Patrizio Messina and included partner Alessandro Accrocca on Italian law aspects, partner Madeleine Horrocks on English law aspects (both Milan), partner Stuart Morrissy on US law aspects (New York) and partners Robert Masman and Alexander Fortuin on Dutch law aspects (both Amsterdam). Counsel Meredith Hines and associate Helen H. Ferrall (New York), counsel Dylan Goedegebuure and associate Alexandro Flemming (Amsterdam), senior associates Franco Lambiase and Leonardo Bafunnoon on English law aspects, associates Edoardo Minnetti and Cosimo Spagnolo, and trainee Noemi Biagini on Italian law aspects (Milan).
Head of Tax Italy Serena Pietrosanti and counsel Maria Cristina Conte advised on the tax aspects of the issuance (both Roma).
