Clifford Chance advises Masdar on €849M Repsol portfolio deal
Clifford Chance has advised Abu Dhabi-based clean energy company Masdar on the acquisition of a 49.99% stake in a Spanish renewable energy portfolio from Repsol, in a transaction valued at €849 million. The portfolio spans 705 MW of operational capacity across 13 wind farms and 6 solar PV plants, with potential for an additional 565 MW of future hybridization growth.
The transaction sees Masdar secure a near-equal stake in one of Spain’s significant operational renewable portfolios, with Repsol retaining the remaining interest. The portfolio’s hybridization potential adds a forward-looking dimension to the deal, positioning the joint venture for further capacity expansion beyond its current operational base.
Clifford Chance team
The Clifford Chance Madrid team advising Masdar was led by corporate/M&A partners Pablo Murcia and Luis Alonso, supported by senior associate Juan Valcárcel and team members Beatriz Pérez, Conrado López, Juan Antonio Peces and Jaime Sánchez. Additional lawyers involved included José Guardo, Pablo Cancelo, José Luis Zamarro, Julia Hernández, Andrés Berral, Miguel de Santos, Roberto Grau and Ignacio Baz.
