Gómez-Acebo & Pombo has advised Cubico Sustainable Investments, a world leader in the renewable energy sector, on the acquisition of a 13 MW solar project in operation in Portugal.
Cubico Sustainable Investments is a subsidiary of the Ontario Teachers’ Pension Plan, one of the world’s largest pension plans, and PSP Investments, one of Canada’s largest pension fund managers.
The Cabrela solar project, which will be acquired from Neoen, a French independent renewable energy producer, brings Cubico’s operational portfolio in the Iberian Peninsula to nearly 600 MW, with a further 250 MW in development.
The transaction was coordinated by Mafalda Barreto (pictured), partner of the corporate and M&A department, and Luisa Carrilho da Graça, responsible for the Energy area. This transaction was also supported by a multidisciplinary team made up by the lawyers Filipe Santos Barata (of counsel), Inês Sousa Godinho (senior associate), Henrique Lopes Valente and Leonor Rocha (associates); Sofia Barbosa Piçarra (trainee lawyer in the Corporate and M&A department); Sofia Rodrigues Nunes (of counsel of the town planning department); José Silva Nunes, Afonso Scarpa and Francisca Caeiro Bastos (senior associate and associates of the real estate department).