Projects and energy in Spain

Allen & Overy

Allen & Overy is particularly active in renewables, specialising in cross-border and multi-disciplinary matters. Leading the practice are Pablo Mayor, Charles Poole-Warren, Íñigo del Val, Antonio Vázquez-Guillén, Ignacio Ruiz-Cámara, Fernando Torrente and Jimena Urretavizcaya. The team advised Banco Santander, BBVA and CaixaBank on issues arising from financing Forestalia Renovables' construction and development of nine wind farms in Aragon, and assisted Contour Global with the acquisition of Acciona Termosolar. In another highlight, the team achieved a victory against the Kingdom of Spain in an arbitration relating to the Energy Charter Treaty reform of 2013.

Clifford Chance

Clifford Chance focuses on corporate, banking and finance matters across the energy sector, the firm is especially active in cross-border and regulatory advice. Banking and finance specialist José Guardo, who has particular expertise in project financing in the energy and infrastructure space, leads the team with Jaime Almenar, who joined in 2018 and previously led the public law and regulatory department at CMS Albiñana y Suárez de Lezo. Also notable is senior associate Eduardo Sánchez, who is experienced in project finance and restructuring. The department assisted Zuma Energía with the development of a wind farm in Tamaulipas, and advised Argentinean company Genneia Vientos del Sudoeste on the contractual scheme for the construction of a wind farm located in the province of Rio Negro. Former practice head Juan Lavilla retired in 2018.


The energy group at Cuatrecasas provides multi-disciplinary expertise with a particular focus on regulatory matters. Experienced in financing renewables projects, the firm is especially active in Latin America, notably in Mexico, Argentina and Colombia. Finance specialists Héctor Bros and Rafael Mínguez lead the practice with Luis Pérez de Ayala, who has notable strength in administrative and regulatory law. The department is advising Pemex on designing the contract for gas compression services in a Ca-Ku-A platform in the Mexican Gulf. In another highlight, the team is assisting Urbaser with the financing of a residual waste treatment plant in Zubieta.

Gómez-Acebo & Pombo

The ‘results-focused and solution-oriented’ team at Gómez-Acebo & Pombo has ‘a wide range of specialisms’ and handles infrastructure and energy projects in Spain and abroad. The practice has 'a great knowledge of the market’, allowing it to ‘provide new ideas and alternatives’. The ‘outstandingVerónica Romaní has ‘great technical skills’, and leads the team with public law specialist Carlos Vázquez, who has particular expertise in regulatory issues. In recent highlights, the firm is advising Fuerza y Energía Limpia de Tizimin on the financing of a wind farm in Mexico, and is assisting Vela Energy with the acquisition and refinancing of two solar power installations.

Herbert Smith Freehills LLP

Herbert Smith Freehills LLP has a dedicated energy and infrastructure team advising on all stages of projects, particularly on regulatory and M&A matters. The firm specialises in cross-border energy work, with a focus on the Middle East, Africa and Latin America. Environment and public law expert Miguel Riaño leads the practice with Ignacio Paz, whose expertise lies in domestic and international projects and transactions in Latin America. The team advised Brookfield Infrastructure on the Spanish aspects of the sale of its 28% share in Transelec to China Southern Grid. In other work, the department represented Gas Natural in a civil claim led by various insurance companies related to damages paid as a consequence of an explosion in the city of Palencia.

J&A Garrigues SLP

J&A Garrigues SLP specialises in project finance, particularly in cross-border matters. In the energy sector, the firm is experienced in arbitration proceedings and providing innovative advice on renewables. Mónica Martín de Vidales and Àlvaro López-Jorrín lead the practice, which includes Marcos Botella, who focuses on corporate, commercial and financial law. Also notable in the multi-disciplinary team is senior associate Marta Clemente, and principal associates Jon Goirigolzarri and Xabier Urtiaga. The department advised Aucom on the refinancing of a project granted to Autoestrada Costa da Morte Sociedade Concesionaria da Xunta de Galicia, the company responsible for the construction and operation of the Costa da Morte toll road in Galicia. In another recent highlight, the team assisted Jenner Renewables with the acquisition of a majority interest in a Chilean company that owns a number of photovoltaic projects. Other key clients include Vela Energy, Enagas and Enel Green Power.


Linklaters focuses on regulatory, project finance and M&A in the energy sector. Litigation is another key area of experience for the multi-disciplinary team. Public law and regulatory expert José Giménez leads the practice with Juan Barona, Alejandro Ortiz, Pedro De Rojas, Ben Crosse and M&A specialist Lara Hemzaoui. The firm is advising CVC Capital Partners on the acquisition from Repsol of shares in Gas Natural. Other work includes representing Enagás in administrative claims and contentious administrative appeals before the High Court of Justice of Madrid and the Supreme Court, relating to energy regulations affecting the company’s transmission and re-gasification facilities.

Uría Menéndez

The ‘quick, reliable and adaptable’ team at Uría Menéndez is ‘strong in arbitration’ with ‘a deep knowledge of regulations and business’. The firm is known for energy infrastructure projects and financing, providing cross-border expertise, notably in the renewables market. The ‘honest and professional’ practice is led by Ángel Pérez, Juan Ignacio González Ruiz, Javier Valle Zayas and counsel María José Descalzo, who focuses on finance and energy. Also recommended is M&A and restructuring specialist Carlos de Cárdenas Smith. The team advised Ence group on the financing instruments for two biomass plants, and assisted Mercurio Solar Tinajeros with the refinancing for the construction, development and operation of a solar plant project. Other key clients for the firm include Bio-Oils Energy, Morgan Stanley Infrastructure Partners and Repsol.

Ashurst LLP

Ashurst LLP focuses on international and domestic utilities, infrastructure and acquisition projects, as well as being active in regulatory work in the energy sector. Manuel López leads the financial regulatory practice and specialises in regulation in the financial services sector, as well as project finance. Leading the firm’s energy practice is Andrés Alfonso, who joined from Herbert Smith Freehills LLP in 2018. The team advised Superstrada Pedemontana Veneta on an over €1.5bn bond issue to finance the construction of the Pedemontana Veneta toll road, and assisted Sociedad de Economía Mixta Los Tranvías de Zaragoza with the refinancing of Zaragoza Tram Line 1.

DLA Piper

Cross-border specialist DLA Piper LLP focuses on regulatory advice and energy transactions. The multi-disciplinary team is led by financial and banking expert Jesús Zapata, and Javier Santos, who is particularly experienced in litigation and regulatory matters. The firm advised the Department of Energy of the government of South Africa on the implementation of its gas-to-power programme, as well as assisting Everwood Capital with the acquisition of 25 solar photovoltaic plants in Murcia. Other key clients include Gas Natural Fenosa, Sampol Energía and EDP Renovavéis.

Jones Day

Jones Day has particular experience in finance-related matters in the sector, with a speciality in capital intensive infrastructure and energy projects, as well as in regulatory work. The multi-disciplinary team is led by Fernando Lillo, Javier López Antón, Raimundo Ortega and Mercedes Fernández. In recent highlights, the practice advised BBVA on the refinancing of the construction, start-up and operation of a solar plant in Toledo, and represented unmanned petrol stations company Cooperativas Agroalimentarias de España, in an appeal against various regional regulations requiring all petrol stations to be manned. Other key clients include Nuevo Hospital de Toledo, CaixaBank and Energya.


Pérez-Llorca's practice is experienced in regulatory advice, transactions and litigation, as well as project finance. The team is led by regulatory expert José Ramón de Hoces; European Union law specialist Juan Manuel Rodríguez CárcamoAnder Valverde, who focuses on banking and finance; and Alejandro Osma, who is experienced in project finance. In a recent highlight, the department assisted Gas Natural Fenosa with the transformation of several distribution and supply points in Galicia from a LPG distribution network to a natural gas distribution network.

Baker McKenzie

The practice at Baker McKenzie specialises in litigation, M&A and regulatory work across the energy sector, with a particular expertise in renewables. Leading the team is Xavier Junquera, who focuses on public, regulatory and environmental law, and Luis Casals, who is experienced in corporate and M&A. The department advised Ellomay Capital on public law matters related to the development of a photovoltaic power plant in Cáceres. In another highlight, the firm represented Grupo Cobra in the appeal of a decision by Aragón Water Authority relating to the concession contract pricing criteria for the construction and operation of several wastewater treatment plants. Pablo Dorronsoro Martín joind Pinsent Masons LLP in 2018.

Bird & Bird

Bird & Bird is particularly active in the renewables sector, focusing on multi-jurisdictional and complex M&A transactions. Energy specialist Hermenegildo Altozano leads the practice with Coral Yáñez, who is an expert litigator with notable experience in regulatory matters, and counsel Borja López, who was a new hire in 2018 from energy assets investment and management company Bow Power. The team assisted Gransolar with the sale of a portfolio comprising 19 photovoltaic plants in Sevilla to Vela Energy. It also advised Gas Natural Fenosa on the sale of 20% of its natural gas distribution and secondary transmission business in Spain to a consortium of Allianz Capital Partners and the Canada Pension Plan Investment Board.

CMS Albiñana y Suárez de Lezo

The ‘proactive, clear and direct’ team at CMS Albiñana y Suárez de Lezo is ‘well known as a specialist in the energy market and in particular in the renewable energy field’. The firm also has ‘deep knowledge of regulation and business’, notably in the electricity market. The team of ‘excellent professionals’ is led by managing partner César Albiñana. The practice saw the arrivals of Juan José Zabala, who joined from Cortés, Abogados, and counsel Ignacio Ramos, who joined from Clifford Chance. The department advised Iberdrola, as majority shareholder of Gamesa, on a potential merger with the wind power business of Siemens, and assisted Alstom Renovables and GE Capital with the acquisition of a wind farm portfolio and entry into the Spanish market. Jaime Almenar is now with Clifford Chance. María Guinot joined Deloitte Legal in October 2019.

Freshfields Bruckhaus Deringer

Freshfields Bruckhaus Deringer is experienced in transactional and advisory work in the energy and renewables sector, particularly specialising in regulatory work. The practice is led by Armando Albarrán, who focuses on corporate, M&A and capital markets, and counsel Ignacio Borrego, head of the public law and regulated sectors group. Also notable is Alfonso de Marcos, who was promoted to partner in 2018. The team is advising Canadian Pension Plan Investment Board on its investment with Allianz Capital Partners in the Spanish gas distribution business of Gas Natural Fenosa, as well as assisting Cerberus with the refinancing of several photovoltaic assets from HSH Nordbank. In another highlight, the department is representing Eurus Energy Europe in an international arbitration against the Kingdom of Spain under the Energy Charter Treaty.

Latham & Watkins LLP

Latham & Watkins LLP focuses on the regulatory and commercial aspects of the energy market. Practice head Antonio Morales specialises in energy sector advice and arbitration. His team is representing Novenergia in an arbitration proceeding against the Kingdom of Spain under the Energy Charter Treaty, and is acting for Iberdrola against the Kingdom of Spain in the Spanish Supreme Court in a matter related to a regulation that imposed the obligation on electricity companies to finance a subsidised electricity tariff. Other key clients include Gas Natural Fenosa.


The ‘pragmatic and hands-onMVA ASOCIADOS ‘transmits confidence and in-depth technical knowledge in energy and public law’. The practice specialises in regulated sectors including renewables, oil and gas. Leading the team is Javier Montalvo, who is experienced in power, renewables and natural gas, and public law expert Gervasio Martínez-Villaseñor. Also notable is ‘pragmatic, sharp and quickEduardo Abril, who is 'an excellent lawyer, thinking outside the box when needed’. The department is representing Red Eléctrica de España in different judicial proceedings before the Supreme Court and the High Court, relating to large power end consumers penalised for breaches of their interruptibility services commitments. In another highlight, the firm is advising Bergé Generación on the sale of a solar photovoltaic plant located in Spain.


Flexible, available, practical’, the team at RCD has ‘great knowledge of the energy sector and a very agile and dynamic response to problems that arise’. Working across the field, the ‘professional team’, which is led by Javier Olmos, is particularly known for project financing and litigation. Federico Belausteguigoitia joined from Marimón Abogados and is experienced in the renewable energy sector.

Araoz & Rueda

Araoz & Rueda has ‘a strong global understanding’ combined with ‘a commercial approach to negotiations, going beyond the purely legal-technical aspects’. The team has particular expertise in all aspects related to starting-up and operating renewable energy projects. ‘Exceptional’ practice head Francisco Solchaga is ‘good at channelling and coordinating the different areas of the law firm’, as well as ‘providing technical solutions, sensible and in line with business practices and the needs of the client’. The department is assisting Alten and Ortiz with the sale of six photovoltaic projects in Spain to Vela-Sonnedix, as well as advising African Renewable on its agreement with Solarig, for the development of a photovoltaic plant project in Cadiz.


Dentons is known for its cross-border capability, as well as its expertise in industrial gas infrastructure and renewable energy. Energy sector specialist Javier Lasa leads the practice and is experienced in contract drafting in the oil and gas markets. Associate Baldomero Casado joined from Union Fenosa Gas and has notable strength in the natural gas space.

EY Abogados

EY Abogados is, according to one client, ‘a first port of call for complex, challenging transactions’ and regulatory issues. The practice provides ‘top-quality advice’ and is led by ‘first-class lawyerFélix Plasencia, who ‘has unique expertise in all aspects of energy-related transactions, particularly with respect to administrative law’; and corporate and commercial specialist Pablo Tramoyeres. The team is representing Acciona before the Supreme Court, in a matter related to regulation affecting the fee for continental waters for the production of electric energy. In another highlight, the firm is acting for Engasa Eólica in the Civil and Mercantile Court of Arbitration of Madrid, relating to the operation and maintenance contract for Xiabre’s wind farm.

King & Wood Mallesons

The ‘very business-orientedKing & Wood Mallesons has ‘a good track record in M&A and energy projects’. The firm covers transactional and non-transactional work for key clients in the Iberian energy sector, including EDP Group and Galp. The ‘always available’ practice head Gonzalo Olivera is an expert in public law and regulatory advice. Also recommended is senior associate Alberto Artés, who focuses on energy and infrastructure. The team is advising the European Investment Bank on the financing of two portfolios of wind farms in Spain, as well as assisting Hidroeléctrica del Cantábrico with the annulment of the administrative authorisation for the Castejón combined-cycle gas turbine plant.

Watson Farley & Williams LLP

Watson Farley & Williams LLP has multi-disciplinary expertise and is particularly well known in the energy and transport sectors. The firm is also active in the renewables area. The practice is led by corporate and M&A specialist María Pilar García Guijarro, who has experience in renewable projects and cross-border matters, notably in Latin America, and banking and finance expert Rodrigo Berasategui, whose main focus is renewable energy and infrastructure. Another name to note in the team is Ana Lorenzo, who was promoted to partner in 2018. The department advised Grupo T-Solar on the acquisition of several photovoltaic plants and is acting for Cerberus on due diligence and marketing issues related to the potential disposal of its stake in the Renovalia Energy Group.

BROSETA Abogados

The multi-disciplinary team at BROSETA Abogados has particular experience in alternative energy projects, focused on solar, wind, waste-to-energy and cogeneration. Practice head Rosa Vidal specialises in administrative contracts and renewable energy regulation. Her team is advising Santander and Grupo Ibereolica on the financing of a substation in Zamora, as well as acting for BP Oil España in a damages claim against the state legislator, relating to new renewable energy regulations approved in Spain. Other key clients include Vector Cuatro, Sica Desarrollos and Juwi Energías Renovables.

GTA Villamagna Abogados

GTA Villamagna Abogados is active in investment in the renewable energy sector, particularly in the areas of biomass, solar and thermoelectric. The firm also advises local authorities on regulating natural resources. Public law specialist Ernesto García-Trevijano leads the practice and is experienced in regulatory matters. His team advised Ithaka Partners on the acquisition of four photovoltaic plants, and represented Cofivacasa in an appeal against the decision of the Ministry of Industry and Energy, which has issued a declaration of nullity against nine mine concessions in the province of Huelva. Other key clients include Ferrovial Medio Ambiente Energía, Técnica y Naturaleza and Ence Energía y Celulosa.

Hogan Lovells International LLP

Hogan Lovells International LLP's expertise lies in the regulatory aspects of energy and natural resources, and the firm is also known for its litigation capabilities. The multi-disciplinary team works with other departments including corporate and M&A, to handle a range of energy-related matters. Experienced litigator Santiago Garrido leads the practice and focuses on regulatory compliance in the fields of energy, natural resources, environment and climate change. The team is advising renewable energy company Eolia on its expansion plan, and is assisting mining company Atlantic Copper with negotiating a power purchase agreement with a renewable energy company. Other key clients include OHL Industrial, Urbaser and Dreue Electric.

Lupicinio International Law Firm

Multi-juristictional specialist Lupicinio International Law Firm handles matters in Cuba and the Middle East, with expertise in related issues, including the safety of investments and the enforcement of foreign judgments and awards. The practice is led by Luis Manuel García, who specialises in M&A, banking and restructuring law, and cross-border corporate and M&A expert José María Viñals. The team is assisting VTB Bank with due diligence of oil and gas assets, relating to Guinean state-owned oil company Gepetrol. In another highlight, the firm is advising Vimac Imathia on negotiations with the National Railways of Iran, which concern the framework agreement for the electrification project of a major railway line. Other key clients include China Development Bank and Biopower.

PwC Tax & Legal Services

PricewaterhouseCoopers Legal is known for its regulatory practice and is also active in energy disputes. Financial and M&A transactions are another key area for the firm, which fields a multi-disciplinary team in this space. Regulatory and dispute resolution specialist Fernando Calancha Marzana leads the group together with corporate and tax expert Ana Rodríguez Cantarero. The firm advised Ferroatlántica-Ferroglobe on the sale of nine hydropower plants in Galicia and Aragón, and, in another highlight, assisted Disa Duna with issues arising from the implementation, distribution and transport installation of a number of wind farms in the Canary Islands.

Ramón y Cajal Abogados

Ramón y Cajal Abogados provides ‘availability and know-how’ combined with the ability ‘to support and resolve complex issues which require knowledge in different areas of expertise’. The firm works across the sector, with a particular expertise in project finance and regulatory advice, ‘providing reliable, quick solutions’. The practice is led by restructuring and refinancing specialist Javier Menchén and public law expert Jose Ignacio Vega. The department is acting for Capital Energy in proceedings concerning a challenge to the declaration of nullity of a major wind farm in Galicia, as well as representing Hidrolazán in an administrative appeal, relating to the concession for the hydroelectric exploitation of a river in the province of Salamanca.

Squire Patton Boggs

Squire Patton Boggs has notable strength in project financing and is particularly experienced in the area of renewables, as well as related cross-border matters. Financial services sector expert Manuel Mingot leads the practice and handles a variety of transactions in the energy field. The team advised Esparity Solar on its planned development of a solar pipeline in Spain, and assisted Grupo Ibereólica with development matters relating to its wind farm portfolios in Chile and Peru. Other clients include Esparity Solar, Petroleos de Venezuela and Acciona Energía Internacional.