Uría Menéndez advises on the 1b capital increase of EDP Renováveis

Uría Menéndez has advised Citigroup Global Markets Europe, Goldman Sachs Bank Europe, J.P. Morgan and Morgan Stanley Europe on the capital increase of EDP – Renováveis through an issue of 50,968,400 new shares, with the exclusion of shareholders’ preemption rights, at an issue price of 19.62 euros per share and admitted to trading on the Euronext Lisbon, the Portuguese regulated market managed by Euronext Lisbon – Sociedade Gestora de Mercados Regulamentados.

The deal has a value of 1 billion euros (equity value). Uría Madrid team was formed by Alfonso Ventoso del Rincón (partner, capital markets, Madrid); Beatriz Camilleri Lacambra (senior associate, capital markets, Madrid); Javier Redonet (partner, capital markets, Madrid); , Lucia Berricano (trainee lawyer, capital markets, Madrid), and Diego Andradas Dago (associate, tax, Madrid)

The Uría Menéndez Lisbon team was formed António Castro Caldas (partner, tax, Lisbon), Miguel Stokes (partner, capital markets, Lisbon); and Bruno Silva Palhao (associate, capital markets, Lisbon).

Julia Gil