Mariscal Abogados advises once again Chroma Impact Investment and Sun Capital Development Partners on their new acquisition of eight solar project vehicles in Spain with a capacity of 12.84MW from Univergy International S.L.
On this occasion, most of the projects were in the process of reaching the PLA status. The portfolio is in the regions of Valencia and Andalucía.
Mariscal Abogados’ legal help covered all the acquisition procedures, including, legal due diligence, advice on the Spanish regulatory framework for renewable projects, transaction structuring, corporate issues, and negotiating transaction documents (among others, development services agreements, EPC, and OM).
Team of the deal: M&A/Energy partner Alberto Álvarez, senior associate Irene Terrazas, and associates Jesús Alberto Martín, Isabel Prat and Salvador Gaitán.