spot_img
Thursday, February 22, 2024

Clifford Chance advises CESCE on first state-backed guarantee for energy-intensive consumers

Clifford Chance has advised Compañía Española de Seguros de Crédito a la Exportación (CESCE) on its first state-backed guarantee for energy-intensive consumers

-

The guarantee has been granted in the context of a Power Purchase Agreement (PPA) executed between Sidenor Aceros Especiales as buyer and Sonnedix as seller. This is the first time CESCE issues a state-backed guarantee under Royal Decree 1106/2020 of 15 December, regulating the status of energy-intensive consumers.

The Clifford Chance team was led by Global Financial Markets partner José Guardo who was supported by associates Juan Puras and Angel Muñoz.

The team’s involvement in this transaction demonstrates Clifford Chance’s leading position as the go-to advisor in the most innovative deals in the Spanish market.

- Advertisement -spot_img
- Advertisement -spot_img

MOST READ NEWS

KWM guides Moira Capital´s €10m investment in IEQSY

Moira Capital Partners has closed the year with its 14th investment. IEQSY is a Spanish company specialising in the design and manufacture of systems...

BM assists AEW with two retail parks acquisition

AEW has been advised by Baker McKenzie on the acquisition of two prime retail parks in Spain: Rivas Futura, one of the largest prime...

RCD opens in Córdoba

The move is part of the firm's growth strategy and demonstrates the firm's aim to expand in the region, where it already has an...
spot_img
spot_img
spot_img
spot_img
- Advertisement -spot_img
error: