CC advises Total on PV portfolio acquisition

Clifford chance has advised French energy group Total on the acquisition and development of a portfolio of PV projects in Spain

Clifford chance has advised French energy group Total on the acquisition and subsequent development during the coming years, of a portfolio of PV Projects located in Madrid and Andalucía, with a total capacity of 3,300 MW. This transaction lies within the framework of Total’s expansion strategy to become one of the main players in the Spanish electricity market.

The transaction, which involved a multi-disciplinary team, was led by Projects partner Jose Guardo (pictured left) and M&A partner Luis Alonso (pictured right), along with M&A senior associate Pablo Murcia and a Regulated Sectors team formed by partner Jose Luis Zamarro and associate Monica Romero. Other advisers involved in the deal included Projects associate Andrea de Miguel, M&A associates Pablo Hernandez and Patricia Arribas, and Real Estate associates Jorge Barrero and Itziar Kraus.