Opdenergy acquires €530m wind assets from Acciona: Advisors

Opdenergy, an independent renewable energy producer, announced today the acquisition from Acciona Energía of a portfolio of operational wind assets with a total capacity of 440 MW, distributed across 13 wind farms located in Albacete, Cádiz, Cuenca, Lérida, Valencia, and Zamora. The transaction is expected to close by the end of the year, following the obtaining of the corresponding regulatory approvals.

The transaction, valued at more than €500 million, is expected to close at the end of the year, subject to the necessary regulatory approvals.

With this acquisition, the company, whose majority shareholder is Antin Infrastructure Partners, will reach an operational capacity of 2.4 GW, with 80% of its assets located in Europe and the United States. More than 75% of revenues are obtained through long-term power purchase agreements (PPAs), which helps to ensure financial stability and predictability. Opdenergy remains focused on its expansion as an Independent Power Producer (IPP), deploying renewable assets to strengthen its global presence and be a key player in the global energy transition.

The agreement also includes a portfolio of photovoltaic projects under development of up to 351 MWp, associated with the potential for hybridization of wind farms.

Advisors

Pérez-Llorca has advised Opdenergy. In the Corporate area, the team is made up of partners Julio Lujambio and Dídac Severino, together with lawyers Ignacio Mozo, Jaime Pérez Torroja, and Andrés Castiglioni. In Regulatory, partner Ana Cremades and lawyers Belén Wert, Lorenzo Morejón, Marta Sancho, and Bárbara Gómez are working on the case. The Real Estate department includes partner Florence Legeay and lawyers Cèlia Roig, Claudia Rubio, Helena Guillén, Helena Solé-Boet, Juan Oria de Rueda, Martín Arau, Carlota Martín, and Antoni Gómez. In the Insurance and Reinsurance area, partner Rafael Fernández and lawyer Boris Urquizu are involved.

The Labor, Compensation, and Benefits practice is represented by partner Isabel Moya. Counsel Antoni Companys and lawyer Rafael Pastor are involved in the Environment practice. Finally, the Antitrust practice is made up of partner Jaime de Blas and lawyer Ane Corrales.

KPMG Abogados also advised Opdenergy with a team formed by Ricardo Valencia (Tax Director) and Jaime de Miguel (Tax Associate).

Baker Mckenzie has advised Acciona with a team formed by Juanjo Corral Moreno (partner), Pablo García Canosa (senior associate) and Isabel Rodríguez (mid-level associate).