Founding and Managing Partner

Lorenzo

Parola

Learn about
Parola

Lorenzo Parola is the Founding and Managing Partner of Parola Associati– Società tra Avvocati a r.l. Mr Parola is bothadmitted to the Italian Supreme Court (Corte di Cassazione) and as a Solicitorof England and Wales. He is one of the leading energy transition and energytechnology lawyers in Italy having been involved in some of the most complexand “first of a kind” transactions in the sector.

Mr Parola advises infrastructure funds,utilities and oil majors in domestic and cross-border M&A transactions inthe renewables, power, oil & gas, energy transition and circular economysectors. He has a substantial track-record on permitting, contractual andregulatory issues related to the development of energy infrastructures,including renewables and CCGT plants, interconnectors, LNG regasificationterminals, gas storages and biomethane plants. He is recognised an unparalleled expertise in industry specialty contracts such as PPAs, tolling arrangements,take-or-pay GSAs and LNG SPAs, pipeline transportation agreements, EPCcontracts, energy efficiency contracts, physical and financial energy trading,including CO2, blockchain and smart contracts. He is regularly instructed,either as counsel or arbitrator, in the context of national and internationalarbitrations pertaining to gas sales agreements and in the construction sector.

He is Adjunct Faculty Member at Luiss Business School and Visiting Professor at various masters and advanced university courses (LLM in Law of Internet Technology of Bocconi University, Master in Energy Management (MEM) of Polytechnic of Milan School of Management, Master in Energy and Environmental Services Regulation – Corso di alta formazione in Regolazione dei servizi energetici e ambientali of University of Siena).

He has been a member of the Board of Directors and Chairman of the Sustainable Value Creation Committee at Italgas S.p.A. (the Italian listed utility which is the major European distribution system operator).He is actively devoted to pro bono projects in favour of its own Community, with a focus on teaching education to legality and fighting cyber-bullying insecondary schools.

  • Recognized as a leading expert by various international industry publications such as Chambers Europe (Band 1), Legal500 (Hall of Fame and Leading Individual), Who’s Who Legal Energy (Recommended), LegalCommunity (Market Leader Lawyer Energy and Market Leader Lawyer M&A), Milano Finanza Super Lawyers (2022 Elite Corporate Lawyer), TopLegal (Band 1 M&A, Band 2 Finance and Project Finance, Band 2 Public Law and Regulatory), Lawyers.
  • Only Italian lawyer ever appointed five times as Energy Lawyer of the Year (2014,2016, 2017, 2020 and 2023), five times as M&A Lawyer of the Year (2018,2019, 2021, 2024 and 2025), twice Oil & Gas Lawyer of the Year (2022 and 2023) and Lawyer of the Year Energy (Corporate Awards 2023) by the Italian leading legal magazine LegalCommunity. LegalCommunity recognised Lorenzo Parola as "Thought Leader" of the Italian energy market ("Clients, competitors and sector operators areunanimous in defining the professional a true leader in the energy market. Beyond the competence and deep know-how, the professional stands out for his innovative vision, perfect management of complex situations and a natural inclination to problem solving ").
  • Only lawyer ever appointed four times as Energy Sector Professional of the Year (2011, 2017, 2019 and 2023) by the legal magazine TopLegal.
  • Selected amongst the best Italian lawyers in Energy & Infrastuctures, M&A Large Deals, M&A Small Cap and Finance by Class Editori and in the We Wealth’s Talents Club including the top 200 business influencers in Italy.
  • Special recognition from EFET "for hisextraordinary achievements to assist the recognition of netting concepts forthe wholesale energy market in Italy".
Professional qualification and teaching
  • Admitted to the Italian Supreme Court (2013)
  • Qualified as a Solicitor in England and Wales (2001)
  • Adjunct Faculty Member at Luiss Business School
  • Visiting Professor, LL.M. in Law of Internet Technology (Bocconi University)
  • Visiting Professor, Master in Energy Management of Polytechnic of Milan School of Management
  • Member of UCID (Christian Union of Entrepreneurs and Managers)
EDUCATION

Catholic University of Milan, J.D.

Languages

Italian

English

French

Meet the

team.

Chiara Salvaneschi
Associate
Veronica Nolé
Associate
Antonio Fuiano
Associate
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