Cuatrecasas has advised Exus Partners Holding and its founding partners on securing a growth capital investment of up to one billion euros from Partners Group. Pérez-Llorca was in charge of providing tax advice to Exus and its founding partners.
Exus is an international infrastructure asset development and management platform that currently manages 11GW of renewable energy assets in Portugal, Spain, France, Italy, Germany, Turkey, Canada, Mexico, and the United States; Partners Group is an international venture capital firm operating in private markets.
Cuatrecasas provides legal advice to Exus in the area of M&A. The team from the offices in Portugal and Spain was headed by M&A and private equity partner Mariana Norton dos Reis, supported by senior associates Álvaro López de Ceballos, Francisco Martins Caetano and Sora Park, and associate Megan Hackney. The team also had the support of partner Miguel Sanchez Monjo for Spanish law regulatory matters and partner Francisco Santos Costa and associate Miguel Lencastre Monteiro for regulatory energy matters in Portugal.
“This was a transaction of some complexity involving a complex structuring with certain regulatory constraints and representing a fundamental milestone for Exus’s growth as a global renewable energy platform. It will be in keeping with the trend in international infrastructure fund investments and governments’ commitment to decarbonization,” says Mariana Norton dos Reis.
Cuatrecasas is among the leading law firms advising on transactions in the energy and infrastructure sectors in Portugal, Spain, and Spanish-speaking Latin America, and it has advised on some of the most high-profile transactions in these sectors.
A Pérez-Llorca team headed by partner Jose Azqueta and including associates Son Yi Zhou and Marta Rodríguez Castillo was in charge of providing tax advice on this transaction to Exus and its founding partners.