FRI-EL Green Power S.p.A. made an offer to acquire remaining 70.64% stake in Alerion Clean Power S.p.A. (BIT:ARN) on January 23, 2017. FRI-EL Green will make an offer for 30.8 million shares. As consideration, FRI-EL Green Power S.p.A. will issue debt financial instrument with a nominal value of €3. Filippo Modulo, Enrico Giordano, Italo De Santis, Maria Carmela Falcone, Aglaia Albano, Gabriele Lo Monaco and Matteo Costantino of Chiomenti acted as legal advisors, Georgeson acted as information agent, Equita SIM S.p.A. and Banca Akros S.p.A. acted as financial advisors to FRI-EL Green Power S.p.A.