NEWS

Paul Hastings Assisted MCC, In Approximately 30 Million Euros Financing

September 27, 2007

Paul Hastings Assisted MCC, In Approximately 30 Million Euros Financing

Milan, Italy (September 27, 2007) – Paul, Hastings, Janofsky & Walker LLP, a leading international law firm, announced today that they assisted, Medio Credito Centrale Spa, in a project financing transaction for a total value of approximately 30 million Euros. The Paul Hastings team was lead by attorney Sergio Sambri.

The Project Financing transaction was due for the opening of a Wind Energy Park of 20 MW power in Longano (Isernia) in the Region Molise, Italy. The financing was emitted in favour of Longano Eolica Spa – a company specialized in renewable energy.

Wind energy is a renewable source energy which does not imply any combustible but uses wind kinetic energy. Moreover it does not cause any harmful emissions for human beings and has got a very law environmental impact.

Sponsor of the project were Acea Electrabel Produzione Spa, and Sciara Srl.

Paul, Hastings, Janofsky & Walker LLP, founded in 1951, is a leading international law firm with over 1,200 attorneys in 18 offices. The firm serves a diverse client base including many of the leading global financial institutions and Fortune 500 companies and offers deep capabilities in capital markets, finance and restructuring, intellectual property, international arbitration and dispute resolution, investment management, labor and employment, mergers and acquisitions, private equity, product liability, project finance, real estate, securities litigation and tax advisory services. For additional information, please visit our website at www.paulhastings.com.