Cuatrecasas advises on the acquisition of five solar projects from EDP
Cuatrecasas has advised Prosolia Energy on the acquisition from EDP Renovables España of a portfolio of five photovoltaic solar energy projects in Spain (Andalusia and Castilla y León), with an installed capacity of 229 MW and fully backed by long-term power purchase agreements (PPAs).
The firm’s team advising on this transaction, the largest carried out by Prosolia Energy to date in terms of installed capacity, was made up of Marcos García and Alfonso Coronel de Palma, from Corporate M&A; Agustín Cerdá and Íñigo Várez, from Finance; and Alejandro Bonitch and Irene Ortega, from Public Law.