Energy and natural resources in Portugal
Morais Leitão, Galvão Teles, Soares da Silva & Associados fields an established team that handles a wide range of transactional and regulatory matters. It advised Indorama on the Portuguese law aspects of its acquisition of a purified terephthalic acid plant from insolvent Artlant, and a co-generation and water treatment plant from Artelia. Nuno Galvão Teles and Tomás Vaz Pinto jointly head the team; Catarina Brito Ferreira and Ricardo Andrade Amaro are recommended. EDP is another key client.
Strong in both oil and gas and renewables, in the former case mostly active in luso- and francophone Africa, VDA advised banks and operators on domestic renewables projects, and domestic and international oil and gas and electricity companies on operations abroad. Manuel Protásio leads the team, Vanda Cascão spearheads the firm’s Green Economy initiative, and João Afonso Fialho the oil and gas practice. The highly regarded Ana Luís de Sousa made partner. Rui Amendoeira left the firm.
Abreu Advogados is a longstanding adviser to Iberdrola in Portugal, most recently assisting with the construction and licensing of dams. The team also handled a variety of energy matters in Africa for other clients. José Eduardo Martins and Manuel de Andrade Neves are the names to note. Manuel Santos Vítor was a new arrival from PLMJ.
Rated for both its domestic knowledge and its African experience, Cuatrecasas handles transactional and regulatory matters, disputes and projects. Highlight work included assisting Veolia subsidiary Artelia with the sale of a co-generation and water treatment plant to Indorama. Rui Mayer left to take up a role inhouse in June 2018, and senior associate André Duarte Figueira joined from Portfuel. José Diogo Horta Osório is another name to note.
Linklaters handles transactional, financing and some development work related to projects in Portugal and lusophone Africa. Highlights included assisting China Three Gorges with the regulatory aspects of the takeover of EDP, Marguerite Adviser with the financing of two biomass plants, and Mirova with the acquisition of a solar photovoltaic project. Practice head Francisco Ferraz de Carvalho covers project finance and has Africa-based experience; counsel Vera Eiró is a public law expert.
Miranda & Associados
With the arrival of João Rosado Correia from Garrigues Portugal in July 2017, Miranda & Associados significantly bolstered its domestic energy practice, which was mostly focused on work overseas. Rosado Correia brings public law, regulatory and projects expertise and acts for domestic energy clients, among them Galp and REN, as well as Iberwind.
The ‘extensive’, ‘practical’ and ‘enthusiastic’ team at PLMJ covers a broad range of matters, including work in lusophone Africa as well as in Portugal. It advised ENI on its co-operation with GALP for the operation of offshore exploration and production (E&P) concessions in Portugal, and on concession rights for an oil and gas project in Angola. Manuel Santos Vítor joined Abreu Advogados in 2019. Ana Oliveira Rocha, previously a managing associate with the firm, is now in-house with Chint Solar.
Gonçalo Anastácio oversees a varied practice at SRS Advogados that includes advising household names such as Galp, Iberdrola and Repsol on transactional and regulatory matters. It also acts for other industry players in innovative matters, among them advising IT consultancy Alfamicro on EU funding for its Save Energy project.
The ‘strongly committed and business-oriented’ team at Uría Menéndez – Proença Carvalho maintains its focus on transactional, corporate, contractual and regulatory work, including acquisitions and share purchases. A highlight was assisting Axpo Iberia with a long-term PPA for the construction of a 28.8MW solar plant. Bernardo Diniz de Ayala and Antonio Villacampa jointly head the team; senior associate Mafalda Ferreira is recommended.
Campos Ferreira, Sá Carneiro & Associados' expertise spans finance, transactions, public and regulatory law. The team predominantly handles renewables projects, namely photovoltaic, wind and biomass. Duarte Brito de Goes focuses on the transactional and senior associate Maria de Athayde Tavares on the regulatory aspects of matters.
DLA Piper ABBC has seen the departure of Bruno Azevedo Rodrigues to Telles de Abreu | Advogados in October 2017, but it maintains a very respectable list of clients that includes Enel and EDP Renováveis, which it advises on transactional, corporate, regulatory and tax matters. The latter receives advice on the public tender offer by China Three Gorges. Nuno Azevedo Neves heads the practice. Senior associate Gonçalo Castro Ribeiro joined from Garrigues Portugal in November 2017.
Gómez-Acebo & Pombo
Raposo Bernardo is noted for its ‘positive attitude towards solving problems’. Focused on renewables, it advised IBC Solar on photovoltaic projects, and Globulus Energy on biomass projects. EDP Renováveis also counts among the team's clients. The ‘well-prepared’ Nelson Raposo Bernardo is valued as 'a very respectable negotiator'; Joana Andrade Correia is ‘rigorous’ and ‘speaks our language’.
‘Open-minded’ and ‘hands-on’, TELLES' team represented the Portuguese Renewable Energy Association (APREN) in negotiations with the government regarding the new legal framework for licensing of renewable electricity projects and the parliament’s inquiry into incentives for energy companies. Ivone Rocha and Bruno Azevedo Rodrigues are recommended in Porto and Lisbon, respectively.