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Wednesday, February 21, 2024

Andersen advises Roldwind on strategic alliance with Ørsted, counselled by Pinsent Masons

Andersen has advised Rolwind Renovables, s.l. on the strategic alliance with Ørsted, a Danish multinational electricity company, entering into the photovoltaic market in Spain, which was advised by Pinsent Masons

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Following the landing in Spain of the Danish giant Ørsted to lead the offshore wind technology business, the Danish company is starting its operations in Spain with the signing of a major investment agreement with the Spanish company Rolwind, for the joint development of photovoltaic and wind renewable energy projects and hybrid projects that combine both.

Likewise, Rolwind and Ørsted include in the signing of their agreement the joint participation in the next capacity tenders whose call for tenders is expected in June 2022, with the initial objective of reaching more than 1 GW installed in the coming years.

As strategic partners, Rolwind and Ørsted will jointly carry out the development, construction, operation and property management of the wind farms. Thanks to this valuable partnership, Rolwind grows as a company alongside one of Europe’s leading companies, and takes a major step forward in its business strategy, as it not only continues in project development, but also enters the world of energy production and management.

Andersen advised with a team led by Energy director Ignacio Blanco Pérez, together with the rest of the firm’s team in the field.

Ignacio Blanco was recently selected as one of the Top 100 Energy Legal Dealmakers by #LegalDealmaker.

From left to right starting from the top: Pablo Dorronsoro, Borja Martín Ariza, Marta Salazar, Olimpia Ortega, and Álvaro Estrada

On the other hand, Pinsent Masons advised Ørsted, with a team led by partners Pablo Dorronsoro and Borja Martín Ariza, Legal director Marta Salazar, senior associate Olimpia Ortega, and associates Álvaro Estrada, Victoria Gimeno Esteve and Pedro Gila Martínez-Conde.

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