Infrastructure, PPPs & PNRR

Italy’s infrastructure needs a comprehensive overhaul, and new impetus to support the country's growth. In this strategic area, we act as an integrated platform to meet all legal needs and support all public and private entities involved in project development or infrastructure construction. We are experienced in representing sponsors, developers, contractors, lending institutions, awarding authorities, concession holders, and institutional investors at every stage of an infrastructure project: private initiative, public tendering, siting, environmental assessment and permitting, as well as design, construction, operation and maintenance, financing and refinancing, energy efficiency operations, and technological infrastructure upgrades.

Our clients benefit from our experience in highly complex projects in all types of infrastructure, including transportation, healthcare, schools, sports facilities, water supply, power generation and distribution, telecommunications, and historical and cultural heritage. In particular, the Italian Recovery and Resilience Plan has provided for major investments to develop modern and sustainable networks aimed at the gradual electrification of transport in order to increase the country's competitiveness from north to south. The concept of infrastructure now includes virtual infrastructures that have emerged as a result of digitizing public services. This is an extremely innovative and specialized field, rich in practical and theoretical implications. It requires a multidisciplinary approach, which we are able to provide thanks to our highly qualified team.

Project financing and, more generally, public-private partnership contracts have become a key tool for public administrations to build and manage infrastructure or services of interest. PPP contracts are crucial for the timely implementation of the objectives of the Italian Recovery and Resilience Plan, in a logic that matches funds between public and private capital. In the field of PPP, our professionals have been involved in transactions of special importance for developing the national infrastructure, and they have been pioneers in applying the legal regime for leasing fixed property in construction and availability agreements, developing special expertise in how such transactions should be handled off-balance sheet.

We also assist our clients in obtaining public financing, subsidized financing with SACE guarantees, and EIB-subsidized financing, state aid, and managing and reporting expenses.