Firm Profile > Watson Farley & Williams LLP > Madrid, Spain

Watson Farley & Williams LLP
MARIA DE MOLINA, 4
28006 MADRID
Spain

Projects and energy Tier 2

The highly regarded energy team at Watson Farley & Williams LLP 'has impeccable knowledge of the renewable energy market in Spain and its participants'. It is regularly involved in the most high-profile and high-value energy-sector M&A and financing in the market, and its strong reputation has led to large numbers of new clients seeking the firm's advice in significant transactions. 'Brilliant M&A lawyerMaría Pilar García Guijarro leads the team alongside Rodrigo Berasategui, who draws on his strong banking and finance expertise in energy deals. Regulatory expert David Diez is another name to note.

Practice head(s):

María Pilar García Guijarro; Rodrigo Berasategui

Other key lawyers:

David Diez; Álvaro Barro; Javier Ester; Jose María Anarte

Testimonials

‘They are young lawyers with notable experience in the sector, they are up to date with news and developments, they are dynamic and know how to use accessible language, always being perfectly professional.’

‘Their ability to seek solutions, proximity, knowledge, experience.’

‘Watson Farley Madrid team, led by Maria Pilar Garcia Guajarro, has impeccable knowledge of the renewable energy market in Spain and its participants, as well as the constantly changing regulatory environment. They are both strong negotiators and have been great at reflecting complex commercial constructs in transaction documents.’

‘ I have been particularly impressed by Maria Pilar Garcia Guajarro. She is a brilliant M&A lawyer herself, but has also built a strong team that she can leverage on. Maria Pilar combines strong technical skills, commercial acumen and attention to detail with in-depth knowledge of renewable energy market practice and participants. Her drafting is meticulous and precise. She has a persuasive negotiation style.’

Key clients

NOY Infrastructure & Energy Investment Fund

Macquarie Capital

Ontario Pension Trust (OPTrust)

REEF Development (“REEF”)

Helios Energy Investment

Naturgy

CERBERUS Capital Management

Copenhagen Infrastructure Partners (CIP)

Greenalia

Capital markets: Debt Tier 3

Specialising in innovative finance instruments, Watson Farley & Williams LLP has particular expertise in project bonds and green bonds, notably renewable project bonds. The firm advises domestic and international clients, including financial institutions, in cross-border capital markets matters. Practice head Rodrigo Berasategui focuses on renewable assets including wind, electric, solar and biomass, as well as infrastructure.

Practice head(s):

Rodrigo Berasategui

Other key lawyers:

Álvaro Barro

Testimonials

Technically good team, with extensive experience in the Project Bonds market nationwide and knowing about the legal practice in this area. The team, in particular Álvaro Barro, make working with them agile and decisive. Human and professional quality.’

‘Closeness to the client and human quality. A plus compared to other firms in this area is the possibility of working with them in Spanish, which makes the negotiations and legal structuring of operations easier and more agile.’

Key clients

Atlantica Yield

ADIF – Alta Velocidad

Q-Energy

Banco Santander

Banco Sabadell

Sonnedix

Commercial, corporate and M&A Tier 3

With an excellent track record in energy-related M&A, Watson Farley & Williams LLP is a go-to firm for specialised investors looking to acquire or sell significant energy assets in Spain. Real estate and infrastructure-related deals also feature in the firm's workload. Well-renowned partner María Pilar García Guijarro heads the Madrid office and excels in projects and transactions involving wind and solar energy. Ana Lorenzo and Gonzalo Aranzabal are also names to note.

Practice head(s):

María Pilar García Guijarro; Gonzalo Aranzabal; Ana Lorenzo

Other key lawyers:

Javier Ester

Testimonials

‘The WFW team has extensive experience in the sector, providing great value in transactions due to its ability to identify risks and mitigating them based on practicality, always seeking the successful end of operations.’

‘The firm’s lawyers, led by its managing partner Maria Pilar Garcia, have a legal-commercial approach; They are focused on legal protection, identifying risks in transactions based on their extensive experience in the renewable sector, and always looking for solutions that eliminate or mitigate risks in such a way that they are acceptable for the investor. Its best quality is the wide and deep legal knowledge coupled with a commercial spirit that allows the most complex operations to be carried out well.’

‘Always available to support and have given expert opinion that does not require another review.’

‘Extraordinarily respectful to anyone who had tried to reach the team from the company, not just the legal team.’

Key clients

Cerberus Capital Management

Macquarie Capital

Ontario Pension Trust

Sonnedix

Helios Energy Investment

Noy Infrastructure & Energy Investment Fund

Copenhagen Infrastructure Partners

Capital Dynamics Ltd

Bluefield Partners

Transport: Other transport Tier 3

Focusing primarily on aviation and rail, Watson Farley & Williams LLP covers the spectrum of aviation finance and leasing transactions for commercial aircraft, helicopters and private jets. As well as advising financiers and purchasers of rolling stock in the rail sector, the firm also has a particular specialism in helicopter assets. Transport finance expert Alfredo Cabellos leads the team.

Practice head(s):

Alfredo Cabellos

Other key lawyers:

Laura Cadenas

Key clients

Macquarie Rotorcraft Leasing Holdings Limited

Avolon Aerospace Leasing Limited

Era Helicopters

Deutsche Bank

Banco Santander

Transport: Shipping Tier 3

Watson Farley & Williams LLP is praised for its ‘efficiency, availability and excellent response time’. The firm has expertise in advising shipowners in the aquaculture industry, as well as providing legal advice to Norwegian and other northern European companies in the Spanish shipping market. The practice is also experienced in ECA financings and CESCE. Asset finance specialist Alfredo Cabellos leads the team and focuses on transport and maritime matters.

Practice head(s):

Alfredo Cabellos

Other key lawyers:

Jose María Pery; Laura Cadenas; Luis Soto

Testimonials

‘A pleasure to work with, as communication is easy and efficient, and availability and response time is excellent. The teams we have worked with are especially well adapted to cross-border transactions by understanding and adapting to the requirements and challenges in other jurisdictions outside of Spain.’

‘Alfredo Cabellos is recommended.’

‘We also have very good experience with Luis Soto who is very strong on legal competence with tax law and provides efficient solutions though also a great contact network.’

Key clients

Havila Kystruten AS

Banca March, S.A.

Bankinter (ECA team)

Aquahip Salmon Star AS

Edda Wind AS

Fairplay

Caixabank

Private equity Tier 4

Watson Farley & Williams LLP has established a strong reputation in the energy sector in Spain, and is regularly involved in major energy-related M&A, including in private equity deals. In this field, its clients include investment funds, closed-end funds, infrastructure funds and private equity funds. María Pilar García Guijarro is a well-known expert in energy-sector transactions.

Practice head(s):

María Pilar García Guijarro; Gonzalo Aranzabal; Ana Lorenzo

Other key lawyers:

Javier Ester

Key clients

Cerberus Capital Management

Macquarie Capital

Ontario Pension Trust

Sonnedix

Helios Energy Investment

Noy Infrastructure & Energy Investment Fund

Copenhagen Infrastructure Partners

Capital Dynamics Ltd

Bluefield Partners

Real estate and construction Tier 5

The 'flexible and proactiveWatson Farley & Williams LLP provides expertise in a range of commercial, corporate, development, financing, tax, planning, construction, contentious and insolvency matters related to real estate. The firm is particularly active in the hotels and leisure, energy, infrastructure, residential real estate and funds sectors. Pablo San Gil leads the team and specialises in structured finance and asset-based lending for senior, mezzanine and subordinated debt.

Practice head(s):

Pablo San Gil

Other key lawyers:

Ignacio Cacho

Testimonials

Full availability and always providing solutions.’

‘Pablo San Gil is very aware of everything, he is one of the most involved partners with whom I have worked. Ignacio Cacho is an excellent lawyer who contributes a lot to any negotiation.’

Flexibility and proactivity.’

Key clients

CaixaBank

Bankia

Frux Capital

Credit Agricole Corporate & Investment Bank

Banco Santander

Banco Sabadell

Tax Tier 5

Providing ‘really valuable know-how’, Watson Farley & Williams LLP is known for ‘expertise in tax matters regarding international financing and real estate transactions’. The firm specialises in domestic and international tax matters in the renewable energy, real estate and transportation industries, with particular strength in tax related to M&A transactions, asset finance in the maritime and aviation sectors and project finance. The ‘outstandingLuis Soto leads the practice and advises on strategic transactions and tax dispute resolution.

Practice head(s):

Luis Soto

Testimonials

‘Expertise both in tax matters regarding international financing and Real Estate transactions. They are beyond the theory, providing the clients with really valuable know-how.’

‘I can confirm that Luis Soto is an outstanding lawyer, always focused in providing their clients the best services including in those cases where a tight deadline is given.’

Key clients

Copenhagen Infrastructure Partners (CIP)

NOY Infrastructure & Energy Investment Fund

Sonnedix España Management

REEF Development

Kartesia

Grupo T-Solar

Edmond de Rothschild

CBRE Global Investments

Q Energy

Atlantica Sustainable Infrastructure

Banking and finance Tier 7

'A benchmark office in Spain today to finance energy projects', Watson Farley & Williams LLP has expertise in acquisition, asset, real estate and project finance. Trade and export finance transactions also feature. Rodrigo Berasategui advises public and private developers, sponsors, financial institutions, multinational institutions, insurers and specialised funds on financing schemes, particularly renewable assets work.

Practice head(s):

Rodrigo Berasategui

Other key lawyers:

Antonio Cáneva

Testimonials

Great experience and knowledge in the renewable energy sector.’

‘Versatile and rigorous.

‘It is a benchmark office in Spain today to finance energy projects.’

‘Very knowledgeable about the assets on which they make the transactions, they have everything at a technological level and there is gender diversity in their teams.’

‘Resourceful team capable of working on multiple relevant mandates simultaneously.’

‘Rodrigo Berasategui has great experience and commercial vision.’

‘Antonio Cáneva is very rigorous and with previous experience in other types of financing, which is useful when looking for solutions other than those usual in project finance.’

‘Very constructive in the negotiations, they work with several jurisdictions.’

Key clients

Naturgy

Compañía Española de Financiación del Desarrollo (Cofides)

Kartesia

Novo Banco

Banco Santander

BBVA

Natixis

CaixaBank

Banco Sabadell

CA-CIB

Edmond de Rothschild

Dedicated to client care, industry focus and investment in our people
We are an international law firm advising on complex transactions and disputes through local knowledge and an integrated international network.  We have a strong sector focus, combining our technical excellence with deep industry knowledge across energy, transport and real estate.

Our business exists to help our clients achieve their goals, partnering with them to meet the challenges they face today and will face tomorrow.

Our values rest on developing deep and long-lasting relationships externally and internally through respect, sharing, communication and integrity.

We strive for excellence in all that we do and view investment in our people as key to achieving our business goals and values.

Our teams are integrated across legal disciplines and offices delivering consistently high levels of service locally and in combination across borders.

History: Sector focus has been at the heart of our strategy since we opened for business in 1982.  Having started life as an asset finance boutique focusing on the maritime and aviation industries, our Transport focus quickly expanded to other supply-chain led industries, most notably, Renewable and Conventional Energy and Real Estate and associate infrastructure across these industries.

Through our offices around the world, we provide a full suite of services within our core sectors enabling us to deliver exceptional value to our clients.

Facts

  • Founded 1982
  • 170+ Partners
  • 550+ Lawyers
  • 17 Offices
Photo Name Position Profile
 María Pilar García Guijarro photo María Pilar García Guijarro María has more than 20 years of experience in the energy and infrastructure…
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