spot_img
Sunday, May 26, 2024

Andersen advises Alter Enersun on €225m PV projects acquisition

Andersen has advised the solar energy company Alter Enersun on the purchase from Edora of a portfolio of 150 MW renewable projects

-

Andersen´s Corporate and M&A Law and Energy areas have advised Alter Enersun, a company in the field of renewable energies that offers solar energy solutions, on the acquisition from Edora of a portfolio of three photovoltaic projects that together amount to 150 MW, which can be expanded to 250 MW of power, valued at €225 million.

The three projects, which are in the development phase, have a feasibility study report issued by the network operator, Red Eléctrica de España (REE).

This transaction is Alter Enersun’s first acquisition as, to date, the company has developed, built and operated its own photovoltaic parks with extensive experience in the sector, as demonstrated by the projects that will soon be connected and in operation in Cáceres with a peak power output of more than 130 megawatts. The projects are expected to reach ready-to-build status and obtain all the necessary permits, licences and authorisations to start construction work, according to forecasts, during the fourth quarter of this year.

Andersen´s team was led by Corporate and M&A director and member of the Energy group Ignacio Blanco, along with Corporate/M&A lawyers Santiago López and Diana Palazón.

- Advertisement -spot_img
- Advertisement -spot_img

MOST READ NEWS

Andersen promotes five partners, two of them equity

These promotions are in line with the firm's strategy of promoting professional careers in the firm, as well as the projection of younger professionals...

Mariscal advises Doral Energy on its entry into Spain

Mariscal Abogados has advised Doral Energy Group on its entry into the Spanish market by means of an agreement with the Dutch family office...

Garrigues renews leadership in its Brussels office

José Luis Buendía has been a partner in the firm´s EU and Antitrust practice and head of the Garrigues Brussels office since 2005. Previously,...
spot_img
spot_img
spot_img
spot_img
- Advertisement -spot_img
error: