The acquisition will increase Cubico’s operational wind capacity in Uruguay to more than 200 megawatts, making it the largest private owner of renewable energy assets in the country and significantly augmenting its business portfolio in the Latin American region.
Cubico Sustainable Investments is a global leader in providing renewable energy across the Americas, Europe and Australia. The company invests in, owns and operates a number of renewable energy projects and is jointly owned by Ontario Teachers’ Pension Plan and PSP Investments.
The White & Case’s Madrid office team was led by partners Juan Manuel de Remedios and Carlos Daroca, and included counsel Julio Peralta, and associates Laura Del Olmo Cuevas and Gracia Truán.