Uría advises Holaluz-Clidom on acquisition of Bulb Energía Ibérica

Uría Menéndez has advised Holaluz-Clidom, S.A. on the acquisition of Bulb Energía Ibérica

Uría Menéndez has advised Holaluz-Clidom, S.A. on the acquisition of Bulb Energía Ibérica following Bulb Energy Ltd’s entry into administration in the UK.

The Uría Menéndez team that advised Holaluz-Clidom was led by Antonio Herrera Martínez (pictured left), (partner, M&A, Barcelona), Javier Redonet Sánchez del Campo (pictured right) (partner, Capital Markets, Madrid); Albert Llorens (associate, M&A-Private Equity, Barcelona); Miguel Morales (partner, Tax, Barcelona); Alfonso Gutiérrez (partner, Competition, Madrid); Alex Bircham (international partner, M&A-Private Equity, Madrid) and David López Velázquez (counsel; M&A-Private Equity, Madrid).

The same team from Uría Menéndez has also advised Holaluz-Clidom, S.A. on raising €6.7 million of new equity through a non-pre-emptive private placement of new shares representing 2.4% of Holaluz-Clidom, S.A’s share capital.

Uría Menendez also advised Holaluz-Clidom, S.A. on raising €11.7 million of new equity through two mirroring subordinated mandatory convertible loans extended by two European qualified investors ultimately converted into new shares representing 4% of Holaluz-Clidom, S.A.’s share capital. The same team as listed above also advised on this transaction.