SPB advises EDF Trading on PPA completion

Squire Patton Boggs has helped EDF Trading with the completion of a PPA with Fotovoltaica Guzmán, a subsidiary of the Foresight Group

Although the PPA was signed in December 2019, it is now when the PV plant has completed the construction works and reached commercial operation (COD). The PV plant comprises 150,000 solar panels and will generate around 85GWh every year, making a significant contribution to Spain’s emissions targets.

EDF Trading, EDF Group’s energy trading arm, operates across all energy commodities and manages assets along the entire value chain from production, shipping and transportation to storage and supply.

A team from the Banking & Finance and Projects teams of Squire Parton Boggs has advised the wholesale energy market trading division of the EDF Group, EDF Trading, on a 10-year fixed-price Power Purchase Agreement (PPA) with Fotovoltaica Guzmán, S.L., a wholly-owned subsidiary of the Foresight Group.

The SPB team assisting EDF Trading during all the works was led by partner Manuel Mingot (pictured left) and associates Alberto París (pictured top right) and Antón Ramil (pictured bottom right). The deal is the first PPA to be agreed between EDF Trading and Foresight.

Fotovoltaica Guzmán is the project company of the Foresight Group developing the 50MWp solar PV plant in Puebla de Guzman (Huelva), south-west Spain. The PPA is secured against power generated by the 50 MWp Guzman solar PV plant of Foresight.

SPB advises EDF Trading on PPA completion

Desire Vidal


Iberian Lawyer, is a monthly digital magazine, published by LC Publishing, available in Spanish and English. It represents the main source of information in the legal business sector in Spain and Portugal. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website www.lcpublishinggroup.com

Iberian Legal Group, S.L.
Registered office: C/ Ríos Rosas 44A - 2 G,H 28003 Madrid España

Copyright 2023 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram